Date: 24th June 2020

We, the undersigned organisations, would like to congratulate you for the very important announcement made during several recent online events, that the Commission will propose legislation in 2021 on both corporate due diligence and directors’ duties as part of your initiative on sustainable corporate governance, taking into account ongoing national-level mandatory due diligence developments. We were very pleased to see the commitment officially announced by the European Commission in the EU Biodiversity Strategy on 20th May, and also in the communication ‘Europe’s moment: Repair and prepare for the next generation’ regarding the EU recovery plans, on 27th May. We also welcome the support expressed by representatives of the German and other governments and look forward to seeing rapid progress on the issue at Council level during the upcoming German EU Council Presidency.