Major Corporations Criticize EU’s Second Postponement of Anti-Deforestation Regulation
Global companies including Nestlé and Ferrero are challenging the European Commission’s proposal to delay the EU Deforestation Regulation until 2026. Industry leaders warn that postponement undermines sustainability efforts and penalizes compliant businesses.
EU Faces Corporate Backlash Over Deforestation Law Delay
Major global corporations are reportedly pushing back against the European Union‘s proposed second postponement of its landmark anti-deforestation legislation, according to recent reports. Companies including Nestlé, Ferrero, and Olam Agri have expressed frustration with the European Commission’s plan to delay implementation until the end of 2026, citing technical issues with the compliance IT system.