Oireachtas Joint and Select Committees
Wednesday, 5 October 2022
Joint Oireachtas Committee on Jobs, Enterprise and Innovation
Update on Quarters 1 and 2: Discussion
Mr. John Newham:
The proposal is still at a very early stage and there are working parties every month in Brussels on it. A lot of the questions of the nature asked by Deputy Stanton were raised during the public consultation that the Commission undertook. Those questions are being raised across EU member states and we are looking for clarity on a number of areas.
On the scope, there is some criticism that it only applies to 1% of companies. The more pertinent question is how much of the EU's trade and imports is that 1% responsible for, and I think that the bulk of imports would relate to that.
In terms of Ireland's informal position, we are generally in favour of any proposal that promotes responsible business but the directive does need to be enforceable, proportionate and effective.
We are currently awaiting clarity. We hope to undertake our own public consultation process towards the end of the year and that will help inform the Minister's position in that regard.
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