Our presence in Europe is not just about energy, we are integral to the production of materials that underpin modern life.
But Europe is undergoing a wave of de-industrialization, and we have not been immune. EU policy is on the wrong trajectory and risks catastrophic consequences for Europe’s industrial competitiveness, energy security, and economic resilience.
The EU’s Corporate Sustainability Due Diligence Directive (CSDDD) is breathtaking in its regulatory overreach – resulting in uncertainty and potentially egregious penalties.
Impacting companies both inside and outside the EU, it risks catastrophic consequences for Europe’s industrial competitiveness, energy security, and economic resilience.
Regulatory reform is not optional – it is essential.
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