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BRUSSELS - The European Union's Corporate Sustainability Due Diligence (CSDD) directive, which seeks to make companies responsible for human rights and environmental issues in their global supply chains, is set to be adopted this month.

It follows a vote by the European Parliament in which 525 members voted in favour and 60 voted against, with 28 abstentions, on the mandatory due diligence directive which will apply to around 50,000 companies.

During the debate, French MEP Pascal Durand said: "Europe is showing the world that it is indeed possible to ensure finance, in the narrow sense of the word, does not govern the entire global economy."

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