WASHINGTON, D.C.—Marjorie Chorlins, senior vice president for Europe at the U.S. Chamber of Commerce, made the following comments regarding the European Parliament’s vote on the Corporate Sustainability Due Diligence Directive (CS3D):
“The U.S. Chamber welcomes the European Parliament's vote today to remove unworkable provisions from CS3D. The deletion of Article 22's climate transition plan mandates and the significant improvements to Article 29 on civil liability represent meaningful progress toward a more balanced and effective framework.
“However, we remain concerned about the directive's extraterritorial reach. As the trilogue process begins, we urge negotiators to address the practical challenges that extraterritorial provisions create for companies operating across multiple jurisdictions.
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“In the spirit of long-standing U.S.—EU partnership on issues of mutual importance, we remain ready to engage in constructive dialogue to help achieve an outcome that serves the interests of businesses, workers, and citizens on both sides of the Atlantic.”
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