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They’ve been plenty busy across the pond.
Over the past year or so, a series of regulations and proposed rules have been handed down by the European Union affecting companies based or operating on that continent, including thousands of U.S. firms. It’s a dizzying and confusing array of initiatives, not to mention the acronyms that go with each.
Just last week, the European Parliament endorsed a Corporate Sustainability Due Diligence Directive, or CSDDD, the latest unwieldy moniker among a portfolio of initiatives that govern corporate reporting and marketing claims.