WASHINGTON, D.C. – Marjorie Chorlins, senior vice president for European Affairs at the U.S. Chamber of Commerce, issued the following statement today regarding the European Parliament’s decision to delay implementation of the Corporate Sustainability Due Diligence Directive (CS3D) and the Corporate Sustainability Reporting Directive (CSRD).
“The U.S. Chamber of Commerce welcomes the European Parliament’s overwhelming support to delay the implementation of the CS3D and CSRD. This action demonstrates the Parliament’s ability to react rapidly and decisively to ensure predictability and legal certainty for businesses and policymakers.
“The Chamber appreciates that the Parliament recognizes the need for further refinement of these Directives. We believe this pause provides a much-needed opportunity for stakeholders to engage in constructive discussions to achieve a balanced regulatory framework that supports sustainable business practices—without stifling competitiveness or exerting extraterritorial overreach. The Chamber looks forward to continued collaboration with policymakers to address these important issues.”
Recommended
- International
Business Leads at Historic U.S.-Japan Cyber Dialogue
U.S. firms show up in force to support greater cyber partnership with Japan.
By Kelly Primrose
- International
Small Businesses, Big Burden: The Cost of Tariffs
By Neil Bradley - International
Assessing the U.S.-UK 'Economic Prosperity Deal'
By Marjorie Chorlins
- International
The U.S.-Colombia Partnership's Untapped Potential
By Megan Bridges - International
Advancing U.S. Interests Through West Africa Partnerships
By Dr. Guevera Yao
View this online