Exclusive-ExxonMobil warns EU law could drive exit from Europe

Contributing sentiments towards policy:

55% : The European Parliament agreed to negotiate further changes to the law last month and the EU aims to approve the final changes by year-end.
46% : The EU's Corporate Sustainability Due Diligence Directive was meant to give investors more visibility on the risks throughout the value chain and make non-compliant companies accountable to member states and to victims of human rights or environmental harm, even in their operations outside Europe.
42% : -U.S. energy giant ExxonMobil will not be able to continue doing business in the European Union if the bloc does not significantly loosen a sustainability law that would penalise companies with fines of 5% of global revenue, Chief Executive Darren Woods said on Monday.
42% : Woods joins a growing chorus of outraged energy producers who are urging European lawmakers to make significant changes to the law, which requires companies doing business in the EU to find and fix human rights and environmental issues in their supply chains.
39% : Qatar has threatened to halt supplying Europe with liquefied natural gas (LNG) and said it will not be able to continue doing business in the EU if further changes are not made to its corporate sustainability rules.

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