CEO QatarEnergy Saad Sherida al-Kaabi at the Doha Forum 2024 event
Qatari warning on EU legislation resonates across industry
The CEO of QatarEnergy has highlighted the potential impact a new EU directive could have on energy exports to the continent
QatarEnergy CEO Saad al-Kaabi was the first to put his head above the parapet over the risks posed by planned new EU regulations under the Corporate Sustainability Due Diligence Directive (CSDDD), but his concerns about the impact on companies supplying gas to the continent are widely shared. Legislation due to take effect in 2027 requires large companies to identify and address potential and actual adverse environmental impacts and human rights violations from their operations and those of their business partners, requiring action to mitigate situations not aligned with EU law. Companies will be obliged to monitor emissions from their own operations as well as from their vendors and custome
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