Toughest ESG Rule Yet Puts EU on Collision Course With US (2)

The woman in charge of getting Europe’s toughest piece of ESG legislation through the bloc’s parliament says she’s confident the US will embrace the global accountability the bill introduces, once politicians stop being distracted by lobbyists.

US skepticism toward the legislation has perhaps “been confused a little bit by the lobbying going on,” said Lara Wolters, the lawmaker helming the passage of the Corporate Sustainability Due Diligence Directive through EU’s legislative chamber. This week, she worked to close any loopholes companies might try to use.

“What we’re after here is accountability and surely the US ...