Partner News
Joint letter calling on EU policymakers to preserve the review clause in the CSDDD
2025-08-31
| Brussels, Belgium
ShareAction
The European Parliament Building in Brussels. Photo: Steven Lek via Wikimedia
2025-08-31
| Brussels, Belgium
ShareAction
Together with BankTrack and 30 other organisations, ShareAction sent a letter to Members of the European Parliament urging them to preserve the review clause in the Corporate Sustainability Due Diligence Directive (CSDDD).
The clause requires the European Commission to assess whether financial institutions should be legally obliged to identify and address their impacts on people and the planet.
Removing it would send the signal that the EU is unwilling even to consider holding the financial sector accountable for its role in financing human rights abuses and environmental destruction.
See the original press release on ShareAction's website here and download the joint statement here.