EU lawmakers weaken sustainability rules as cop leaders call for more action.
This is about competitiveness for businesses in the European Union.
We have been falling behind.
It means there's an absence in leadership on this issue and the EU really could have been expected to step in and it's clearly not.
It's World Business Report from the BBC World Service.
I'm Sam Fenwick.
As world leaders meet in Brazil to push for greater climate ambition at COP,
the European Parliament has voted to scale back its sustainability rules.
Lawmakers say the move will help businesses be more competitive,
but environmentalists see it very differently.
And baristas across dozens of coffee shops serve up a strike on Starbucks' busiest day.
So, as climate negotiators in Brazil push for tougher action at COP,
the European Parliament has moved in the opposite direction,
voting to weaken one of its flagship sustainability laws.
The changes strip back requirements for companies to check their supply chains for human rights and environmental harm.
and remove the need to publish climate transition plans.
Supporters say the original rules created too much tape,
too much red tape and left European firms struggling to compete against US and China.
Critics, though, argue that it sends the wrong signal during a global summit,
which is focused on raising ambition.