Explainer: What the EU’s Moves to Water Down Sustainability Rules Means for Fashion

Europe’s plans to hold companies accountable for human-rights and environmental harm in their supply chains has officially taken a more business-centric turn.

After months of wrangling, the European Parliament agreed Thursday to significantly water down a landmark duo of sustainability rules known as the Corporate Sustainability Due Diligence Directive (CSDDD),and Corporate Sustainability Reporting Directive (CSRD).

In a vote that passed with 382 in favour and 249 against, lawmakers approved…