London Partner Lucy Blake was featured in Edward Fennell's Legal Diary, where her commentary on the EU's provisional agreement to scale back sustainability reporting and due diligence requirements was recognised as "Legal Comment of the Week".
Lucy offered her observations on the challenges confronting businesses:
“[This week’s] deal to scale back the EU’s sustainability reporting and due-diligence laws underlines how fragmented the EU still is on this agenda. After months of uncertainty, companies are left with a diluted framework and still no clear view of what will ultimately be required.”
“For global businesses, the challenge is planning against moving targets: expectations shift, timelines slip, and political compromises rewrite the rules mid-process. Organisations want to prepare responsibly, but without a stable set of obligations, long-term compliance becomes guesswork.”
“This agreement may ease pressure in the short term, but real certainty on the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD) is unlikely before 2026.”
Lucy helps clients prevent, investigate, respond to and recover from all manner of wrongdoing. This includes bribery, fraud, and money laundering as well as non-financial misconduct, including toxic workplace cultures, and “ESG” risks arising from human rights and climate impacts in companies’ supply chains. Lucy is a Co-Chair of the firm’s Human Rights and Global Strategy Practice.
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