MEPs have supported a proposal to delay new EU corporate sustainability reporting rules and due diligence requirements, citing competitiveness concerns. The Greens and other parties aim to negotiate a balanced approach to prevent deregulation that could harm worker rights and environmental protections. The legislation gives governments until 2027 to implement these rules, while critics fear it may weaken existing regulations. The agreement aims to foster cross-party cooperation amidst external pressures, particularly from the US.