ExxonMobil calls for EU corporate sustainability due diligence law to be scrapped
"Sustainable Switch Climate Focus: Exxon CEO wants EU sustainability law scrapped", 20 September 2025
... ExxonMobil is ramping up its fight against the EU’s corporate sustainability due diligence law, warning it will push businesses out of Europe.
Brussels has proposed easing the rules after pushback from businesses and leaders in France and Germany.
... CEO Darren Woods says that’s not enough and that he wants the law scrapped.
He’s raised the issue with United States President Donald Trump and other U.S. officials, who’ve flagged the EU's corporate sustainability due diligence directive, or CSDDD, in trade talks with the EU, adding to tensions between Washington and Brussels.
"We have slowly been pulling out of Europe," Woods said, noting that the oil producer has sold, shut down or exited nearly 19 operations due to what he said was red tape impeding business.
"This is another piece of legislation that would accelerate that incentive, or warrant businesses to reduce their activity in Europe."
The European Commission did not immediately respond to a request for comment.
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