Question to the Department for Business and Trade:
To ask His Majesty's Government what steps they are taking to align the UK with the EU Directive on corporate sustainability due diligence, and what assessment they have made of the impact of such alignment on reducing trade barriers with EU.
The Government has noted the European Commission’s recent Omnibus proposal to update the Corporate Sustainability Due Diligence Directive (CSDDD). This Directive will apply to UK companies generating over €450 million in turnover within the EU.
We continue to assess and monitor the effectiveness of the UK’s existing measures, alongside the impacts of new policy tools that are emerging, including in the EU, to ensure we can best promote responsible business practices.