European business remains supportive of the objectives of the proposed directive on corporate sustainability due diligence (CS3D). However, in a joint statement co-signed with 35 other European Industry associations, FESI urges co-legislators to work on a reasonable approach that is manageable for companies in practice. The European economy, including SMEs which will be impacted even if formally out of the scope, need a workable due diligence framework that is drafted in a balanced and proportionate way.
See our joint statement here
About FESI: Founded in 1960 FESI – the Federation of the European Sporting Goods Industry represents the interests of approximately 1.800 sporting goods manufacturers (85% of the European market) through its National Sporting Goods Industry Federations and its directly affiliated member companies. 70-75% of FESI’s membership is made up of Small and Medium Sized Enterprises. In total, the European Sporting Goods Industry employs over 700.000 EU citizens and has an annual turnover of some 81 billion euro.
Contact: Ariane Gatti, FESI Senior Communication & Policy Manager / [email protected] / +32 274 08 94
