2022年2月,欧盟委员会提出了《公司可持续发展尽职调查指令(Corporate Sustainability Due Diligence Directive,CSDDD)》草案,计划以法律的形式将欧盟大型企业消除供应链违反人权和破坏环境行为的责任明确下来。 企业运营依赖复杂的商业生态环境,对于大型跨国公司来说,还需要全球化的供应链为支撑。 欧盟的前期调研发现,对于供...
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...
As discussed in our previous alerts, theProposalfor the Corporate Sustainability Due Diligence Directive (CSDDD/CS3D) was first published by the European Commission on February 23, 2022. On December 1, 2022, the European Council adopted its own n...
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...
Interactions with other due diligence and sustainability legislation The CSDDD is one of several legislative acts proposed or adopted by the European Union presented under the umbrella Green Deal to “transform the EU’s economy for a sustainable (and just) future”. With the Green Deal, the EU...
CS3D imposes a duty on companies to establish a strategy to transition to a sustainable economy, limit global warming per the Paris Agreement, and achieve climate neutrality. In terms of due diligence, companies are required to identify, prevent, end or mitigate adverse env...
The European Corporate Governance Conference 2022 explored the role of boards in driving the transition to a sustainable economy. Learn more.
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 ...
However, Article 15 provides that Member States must ensure that EU-based companies covered by the Draft Directive “adopt a plan to ensure that the business model and strategy of the company are compatible with the transition to a sustainable economy,” and with limiting of glo...
What the EU’s Corporate Sustainability Due Diligence Directive Means for Business The U.S. Chamber’s International Affairs Division in collaboration with the Center for Capital Markets Competitiveness (CCMC) present an analysis of the EU Corporate Sustainability Due Diligence Directive (CS3D). Read...