In an urgent application, on April 3rd, the shift of the controversial supply chain law was coordinated. Instead of entering into force in the summer of 2027 as planned, the start is to be postponed to 2028. The planned supply chain guidelines include the regulations for sustainability reporting (CSRD) and the European Supplier Act (CSDDD). The EU Parliament has approved the shift in the urgent procedure, now the EU countries have to agree to the decision. However, this step is a matter of form; Most countries had already spoken out for a shift last week.
In addition to the shift, the EU Parliament coordinates far-reaching changes to the planned measures. This should mainly be about bureaucracy relief; One example is to change the reporting obligation from the annual rhythm to every five years. There was great criticism of the previous designs from the economy. The guidelines are “exaggerated” and would reduce Germany’s competitiveness.
The controversial supply chain law is part of the “European Green Deal” and is primarily intended to prevent and prevent human rights violations such as child or forced labor. With the “European Green Deal”, the EU originally planned a profound ecological renovation of the economy and the goal of Europe’s climate neutrality by 2050.
