In May, officials in the European Union finalized a sweeping new law that will radically change business activities around the world and, by extension, the societies they operate in.

The law, formally titled the Corporate Sustainability Due Diligence Directive (CSDDD), will not only apply to companies that are based in the European Union, but also to businesses headquartered in other countries that provide products and services in the EU.

Under the law, large businesses will be forced to adopt left-wing environmental and social justice rules. In America, we refer to these as environmental, social, and governance (ESG) metrics, but in Europe, they are commonly called “due diligence.”