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EU negotiators agree new rules on corporate accountability

EU negotiators agree new rules on corporate accountability

The European Parliament Legal Committee and EU governments on Thursday agreed on new rules for large companies that will require them to check and remedy negative social and environmental impacts in their operations.

The committee announced the agreement in a post on social media platform X, formerly known as Twitter.

The rules will also apply to the some 4,000 international corporations with a significant foothold in the European Union.

What do the new rules stipulate?

Under the…


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