Sustainable development is one of the European Union’s fundamental policy objectives. Over the decades, EU lawmakers have introduced a raft of treaties and regulations that manage how European companies impact the environment, workplace and corporate governance.
Brussels’ current sustainability drive is encapsulated in the Fit for 55 initiative, a package of proposals that the EU hopes will achieve its goal of reducing net greenhouse gas emissions by at least 55% by 2030. The aim is to ensure a just and socially fair transition to a sustainable future, and maintain and strengthen innovation and the competitiveness of European industry.
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