Changes from adopted text to adopted text

RemovedArticle 2 – paragraph 1 – point 13 – point a – introductory part, Article 49 – paragraph 3c: (a) the following paragraphs 3c and 3d are inserted:

RemovedDirective 2013/34/EU

RemovedArticle 2 – paragraph 1 – point 13 – point a, Article 49 – paragraph 3c: ‘3c. The power to adopt delegated acts referred to in Article 29ca shall be conferred on the Commission for an indeterminate period from [date of entry into force of amending Directive].

RemovedDirective 2013/34/EU

RemovedArticle 2 – paragraph 1 – point 13 – point a, Article 49 – paragraph 3d: 3d. The delegations of powers referred to in Article 29ca may be revoked at any time by the European Parliament or by the Council. A decision to revoke shall put an end to the delegation of the power specified in that decision. It shall take effect the day following the publication of the decision in the Official Journal of the European Union or at a later date specified therein. It shall not affect the validity of any delegated acts already in force.

RemovedDirective 2013/34/EU

RemovedArticle 2 – paragraph 1 – point 13 – point a, Article 49 – paragraph 3e: deleted

RemovedDirective 2013/34/EU

RemovedArticle 2 – paragraph 1 – point 13 – point b, Article 49 – paragraph 5: ‘5. A delegated act adopted pursuant to Article 1(2), Article 3(13), Articles 29b, 29ca or 40b, or Article 46(2) shall enter into force only if no objection has been expressed either by the European Parliament or the Council within a period of two months of notification of that act to the European Parliament and the Council or if, before the expiry of that period, the European Parliament and the Council have both informed the Commission that they will not object. That period shall be extended by two months at the initiative of the European Parliament or the Council.’.

RemovedAmendments 238 and 298

RemovedArticle 3 – paragraph 1 – point 1 – point b – point i

RemovedDirective (EU) 2022/2464

RemovedArticle 5 – paragraph 2 – subparagraph 1 – point b – point (i)

RemovedAmendment: (i) to undertakings which, on their balance sheet dates, exceed the average number of 1 750 employees and a net turnover of EUR 450 000 000 during the financial year;’;

RemovedAmendments 239 and 299

RemovedArticle 3 – paragraph 1 – point 1 – point b – point ii

RemovedDirective (EU) 2022/2464

RemovedArticle 5 – paragraph 2 – subparagraph 1– point b – point (ii)

RemovedAmendment: (ii) to parent undertakings of a group which, on their balance sheet dates, exceed the average number of 1 750 employees and a net turnover of EUR 450 000 000, on a consolidated basis, during the financial year;’;

RemovedAmendments 240 and 300

RemovedArticle 3 – paragraph 1 – point 2 – point b – point i

RemovedDirective (EU) 2022/2464

RemovedArticle 5 – paragraph 2 – subparagraph 3– point b – point (i)

RemovedAmendment: (i) to issuers as defined in Article 2(1), point (d) of Directive 2004/109/EC which are undertakings which, on their balance sheet dates, exceed the average number of 1 750 employees and a net turnover of EUR 450 000 000 during the financial year;

RemovedAmendments 241 and 301

RemovedArticle 3 – paragraph 1 – point 2 – point b – point ii

RemovedDirective (EU) 2022/2464

RemovedArticle 5 – paragraph 2 – subparagraph 3– point b – point (ii)

RemovedAmendment: (ii) to issuers as defined in Article 2(1), point (d) of Directive 2004/109/EC which are parent undertakings of a group which, on its balance sheet dates, exceed the average number of 1 750 employees and a net turnover of EUR 450 000 000, on a consolidated basis, during the financial year;

RemovedAmendments 397 and 302

RemovedArticle 4 – paragraph 1 – point 1 – introductory part

RemovedDirective (EU) 2024/1760

RemovedArticle 1 – paragraph 1 – point c

RemovedAmendment: (1) in Article 1(1), point (c) is deleted;

RemovedDirective (EU) 2024/1760

RemovedArticle 4 – paragraph 1 – point 1 a (new), Article 2: (1a) Article 2 is amended as follows: / (a) in paragraph 1, point (a) is replaced by the following: / ‘(a) the company had more than 5 000 employees on average and had a net worldwide turnover of more than EUR 1,5 billion in the last financial year for which annual financial statements have been or should have been adopted’; / (b) in paragraph 2, point (a) is replaced by the following: / ‘(a) the company generated a net turnover of more than EUR 1,5 billion in the Union in the financial year preceding the last financial year;’ / (c) in paragraph 3, the first subparagraph is replaced by the following: / ‘3. Where the ultimate parent company has as its main activity the holding of shares in operational subsidiaries and does not engage in taking management, operational or financial decisions affecting the group or one or more of its subsidiaries, it may be exempted from carrying out the obligations under this Directive. That exemption is subject to the condition that one of the ultimate parent company’s subsidiaries established in the Union is designated to fulfil the obligations set out in Articles 6 to 16 on behalf of the ultimate parent company, including the obligations of the ultimate parent company with respect to the activities of its subsidiaries. In such a case, the designated s in an effective manner, in particular to ensure that the designated subsidiary obtains from the companies of the group the relevant information and documents to fulfil the obligations of the ult…

RemovedDirective (EU) 2024/1760

RemovedArticle 4 – paragraph 1 – point 2 – introductory part, Article 3 – paragraph 1: (2) Article 3(1) is amended as follows:

RemovedDirective (EU) 2024/1760

RemovedArticle 4 – paragraph 1 – point 2 – point b (new), Article 3 – paragraph 1 – point w (new): (b) the following point is added: / ‘(w) ‘reasonably available information’ means information which can be obtained by the company from its own, or from existing or secondary sources without contacting a business partner.’;

RemovedDirective (EU) 2024/1760

RemovedArticle 4 – paragraph 1 – point 3 – introductory part, Article 4: (3) Article 4 is amended as follows:

RemovedDirective (EU) 2024/1760

RemovedArticle 4 – paragraph 1 – point 3 – point a (new), Article 4 – paragraph 1: (a) paragraph 1 is replaced by the following: / Without prejudice to Article 1(2) and (3), Member States shall not introduce, in their national law, provisions within the field covered by this Directive diverging from those laid down in Articles 6 to 16

RemovedDirective (EU) 2024/1760

RemovedArticle 4 – paragraph 1 – point 3 – point b (new), Article 4 – paragraph 2: (b) paragraph 2 is deleted; / (deleted)

RemovedDirective (EU) 2024/1760

RemovedArticle 4 – paragraph 1 – point 3 a (new), Article 6 – paragraph 4: (3a) Article 6 is amended as follows: / (a) paragraph 1 is amended as follows: / ‘1. Member States shall ensure that parent companies falling under the scope of this Directive are allowed to fulfil the obligations set out in Articles 7 to 11 on behalf of companies which are subsidiaries of those parent companies and fall under the scope of this Directive, if this ensures effective compliance. This is without prejudice to such subsidiaries being subject to the exercise of the supervisory authority’s powers in accordance with Article 25 and to their civil liability in accordance with Article 29.’; / (b) paragraph 3 is deleted; / (c) the following paragraph is added: / ‘3a. When a company covered by this Directive acquires a company that was not in the scope of this Directive, the acquiring company has two years to integrate the processes of the purchased company into its own due diligence policy.';

RemovedDirective (EU)2024/1760

RemovedArticle 4 – paragraph 1 – point 4 – point a, Article 8 – paragraph 2: (a) paragraph 2 is replaced by the following: / ‘2. As part of the obligation set out in paragraph 1, and adopting a risk-based approach that takes into account relevant risk factors, including geographical and contextual risk factors, such as the level of law enforcement; sectoral, product or service risk factors, as well as business operation or business partners risk factors, such as whether the business partner is not a company covered by this Directive, companies shall take appropriate measures to: / (a) carry out a scoping, based on reasonably available information, to identify general areas across their own operations, those of their subsidiaries and, where related to their chains of activities, those of their business partners where adverse impacts are most likely to occur and to be most severe; / (b) based on the results of the scoping referred to in point (a), and where, on the basis of relevant and verifiable information, the company has grounds to believe that adverse impacts have arisen or may arise, carry out a further assessment only in the areas where adverse impacts were identified to be most likely to occur and to be most severe. Companies shall not be required to request any information from business partners, where no likely and severe risks were identified. Companies shall be able to prioritise assessing direct business partners, in line with severity and likelihood of the adverse impacts.’;

RemovedDirective (EU) 2024/1760

RemovedArticle 4 – paragraph 1 – point 4 – point b, Article 8 – paragraph 2 a: deleted / (deleted) / (deleted) / (deleted)

RemovedDirective (EU) 2024/1760

RemovedArticle 4 – paragraph 1 – point 4 – point b a (new), Article 8 – paragraph 3: (ba) paragraph 3 is replaced by the following: / ‘3. Member States shall ensure that, for the purposes of the scoping provided for in paragraph 2, point (a), companies do not seek to obtain the information from their business partners but rely solely on information that is already reasonably available, including risk factors.’;

RemovedDirective (EU) 2024/1760

RemovedArticle 4 – paragraph 1 – point 4 – point c, Article 8 – paragraph 4: ‘4. Member States shall ensure that, for the purposes of the further assessment provided for in paragraph 2, point (b), of this Article companies do not seek to obtain information from business partners, unless this is necessary. Where the business partner has fewer than 5000 employees, companies may seek such information only as a last resort, and if it cannot reasonably be obtained by other means, in particular from existing or secondary sources. In any case, any request shall be targeted, reasonable and proportionate. / Where information necessary for the further assessment provided for in paragraph 2, point (b), can be obtained from different business partners, the company shall seek such information, where reasonable, directly from the business partner or partners where the adverse impacts are most likely to occur. Information may be sought individually or collaboratively.’;

RemovedDirective (EU) 2024/1760

RemovedArticle 4 – paragraph 1 – point 4 – point d, Article 8 – paragraph 5: ‘5. Member States shall ensure that, for the purposes of identifying and assessing the adverse impacts referred to in paragraph 1 based on, where appropriate, quantitative and qualitative information, companies are entitled to make use of appropriate resources, including independent reports, digital solutions, industry or multi-stakeholders initiatives, collaboration and information gathered through the notification mechanism and the complaints procedure provided for in Article 14. / Where, despite having taken appropriate measures to identify adverse impacts, companies do not have all the necessary information regarding their chains of activities, they shall be able to reasonably explain why such information cannot be obtained. If, as a result, they could not take appropriate measures to prevent, mitigate, bring to an end or minimise the adverse impact, they shall not be penalised.’;

RemovedDirective (EU) 2024/1760

RemovedArticle 4 – paragraph 1 – point 4 a (new), Article 9: 4a. Article 9 is replaced by the following : / 1. Member States shall ensure that, where it is not feasible for companies to prevent, mitigate, bring to an end or minimise all adverse impacts identified pursuant to Article 8, companies may prioritise the most severe and most likely adverse impacts in order to fulfil the obligations laid down in Article 10 or 11. / 2. Once the most severe and most likely adverse impacts are addressed in accordance with Article 10 or 11 within a reasonable time, the company shall address less severe and less likely adverse impacts. / 3. Where prioritisation decisions are made in accordance with this Article, Member States shall ensure that companies are not penalised under Article 25 or 27 for any harm stemming from any less significant adverse impacts that have not yet been addressed.’;