The EU Corporate Sustainability Due Diligence Directive (CS3D or the Directive) is a significant piece of legislation as it mandates obligations on in-scope “companies” to enhance the protection of the environment and human rights both within the EU and globally through ...
On 24 May 2024, the EU Council gave its final stamp of approval to the text of the Corporate Sustainability Due Diligence Directive (the Directive) after a tumultuous journey through the EU legislative process. The Directive is the result of nearly two years of negotiations and comprom...
The U.S. Chamber of Commerce agrees with the spirit of the European Union’s (“EU”) Corporate Sustainability Due Diligence (“CS3D”) Directive (“Directive”), which seeks to improve the efficiency, resilience, and long-term sustainability of global supply chains. ...
Following initiatives such as the 1.5-degree Celsius goal for limiting global warming, established by theParis Agreement, the European Union has passed legislation to further those goals — theCorporate Sustainability Due Diligence Directive(CS3D). Proposed on February 23, 2022,...
On 14 December 2023, there was an initial agreement by the EU Parliament and the EU Council on the final text of the Corporate Sustainability Due Diligence Directive (“CSDDD”). CSDDD is a significant and impactful piece of legislation that will require in‑scope companies to carry out du...
EU | Effective: 2026 Regulatory Snapshot Find here more details to inform your approach View now On March 15, 2024, the EU Council finally voted in favor of the Corporate Sustainability Due Diligence Directive (CSDDD or CS3D). The core of the compromise agreement reached in December 2023 ...
value chain sustainability due diligence. For more information on the CSDDD, please see our previous client alerts “Proposed EU corporate sustainability due diligence directive: what US companies need to know” and “European Commission proposal for t...
The Corporate Sustainability Due Diligence Directive (CS3D) is a pivotal European Union directive that mandates human rights and environmental due diligence for in-scope EU and non-EU companies. The directive requires in-scope companies to conduct due diligence across their entire “chains of activiti...
The Corporate Sustainability Due Diligence Directive (CSDDD) is a major piece of EU legislation that will require EU and non-EU companies to conduct environmental and human rights due diligence across their operations, subsidiaries and value chains. Under the prop...
The European Commission (EC) has published the proposal for an EU Sustainable Corporate Due Diligence Directive, a long-awaited and long-debated piece of legislation that will bring forward obligations for companies to carry out due diligence ...