For over three years, European institutions have worked hard to develop and negotiate a groundbreaking EU supply chain law, with the aim of preventing and addressing human rights and environmental harm throughout companies’ supply chains. In mid-December, many celebrated the hard-reached agreement between the EU Council and Parliament on a draft law, the Corporate Sustainability Due Diligence Directive.
But now, just before getting the law across the finish line, it risks being tripped up by a German government coalition partner, the FDP (Freie Demokratische Partei, or Free Democratic Party).
[Edit typo.]
Who even votes for the FDP? Is it the FinTech bros? Or is it small business owners?
It’s a combination really, naive first time voters that have not experienced what they do or got blinded by their promises. Also mostly people who think that are wealthy enough to profit from voting for them but really are not. Then there are probably a few of the big business owners who actually profit from them.
Realistically, if you look at the FDP agenda, it’s a upper 1% of wealth party that manages to get people that will be worse off with them in the government to vote for them.