EU Scales Back Green Reporting Rules

Europe just hit the brakes on its green rules for businesses. The EU Parliament

voted to massively scale back sustainability reporting duties. Now, only the largest

companies will have to report their environmental and social impact. The even stricter

due diligence rules will only apply to mega-corporations with over 5,000 employees.

It's a huge move to cut red tape and boost competitiveness, meaning far fewer businesses will

be held accountable for their impact on the planet.