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Qatar’s Energy Minister Saad al-Kaabi said on Saturday that he is hopeful the European Union will address companies’ concerns over its sustainability laws by the end of December. Qatar has expressed frustration with the EU’s Corporate Sustainability Due Diligence Directive (CSDDD) and has even threatened to halt gas supplies. The dispute centers on the directive’s potential to fine violators up to 5% of their total global revenue. The minister has repeatedly stated that Qatar will not meet net-zero emissions targets.

Qatar hopeful EU will resolve corporate concerns over sustainability laws by year-end

Qatar’s Energy Minister Saad al-Kaabi said on Saturday that he is hopeful the European Union will address companies’ concerns over its sustainability laws by the end of December. Qatar has expressed frustration with the EU’s Corporate Sustainability Due Diligence Directive (CSDDD) and has even threatened to halt gas supplies. The dispute centers on the directive’s potential to fine violators up to 5% of their total global revenue. The minister has repeatedly stated that Qatar will not meet net-zero emissions targets.

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