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 ...
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. ...
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...
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On 15 March 2024, the Council of the European Union, representative of the Member States, endorsed a draft version of the text on the Corporate Sustainability and Due Diligence Directive (CS3D). This version was subsequently approved by the European Parliament’s Legal Affairs Committee on 19 Ma...
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...
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,...
After a long struggle and numerous amendments, the Corporate Sustainability Due Diligence Directive (CSDDD), is now in place. The CSDDD was adopted in the in the plenary session of the European Parliament on 24 April 2024, after the Permanent Representatives Committee of the Council of the ...
EU | Effective: 2026 EU Corporate Sustainability Due Diligence Directive (CSDDD) 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...