This resolution from the New Hampshire legislature urges the United States Congress and the President to reject compliance with the European Union's Corporate Sustainability Due Diligence Directive (CSDDD). The CSDDD is an Environmental, Social, and Governance (ESG) law that imposes strict standards on large businesses, requiring them to enforce ESG criteria on their entire supply chain, regardless of whether those businesses operate within the EU. The resolution highlights concerns that the CSDDD's requirements could lead to significant financial penalties for non-compliance, as well as potential lawsuits from activist groups, thereby coercing U.S. businesses into adhering to EU standards.
The resolution expresses the belief that compliance with the CSDDD would undermine U.S. sovereignty and transform the nation into a subordinate entity to the EU. It calls for the rejection of these mandates to prevent corporate coercion and maintain independence in business practices. The resolution also requests that copies be sent to various federal and state officials to garner support for this stance against the CSDDD.