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...
What is the CSDDD? TheCSDDD,also called the CS3D,obliges companies to carefully manage social and environmental impacts along their entire value chain, including direct and indirect suppliers and their own operations. The obligation to implement climate plans has been amended so that relevant measu...
In contrast, sustainability is the capacity to maintain or endure, focusing on the interplay of environmental, social, and economic factors. While both terms overlap, they have different scopes and focuses. It’s crucial to distinguish between the two concepts and understand the key terms ...
While a challenging 2023 meant some businesses put sustainability on the back-burner, the reality is that climate action cannot wait – and with new sustainability regulations on the horizon, 2024 will likely see increased action and a shift in mindset. Many regulations, including new rules in th...
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The deadline for transposing the CSDDD into member states’ national laws is set for July 2026, with staggered implementation for companies from 2027. Whilst the UK will not be implementing these domestically, UK companies which operate in the EU and meet the EU turn...
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There is a line through the app showing it will not work. I launch the Adobe CC software updater to check for updates and it tells me Acrobat Pro is up to date and does not let me download again. I can not launch it, uninstall it or update. The local uninstaller in the Adobe ...
2024.Another sustainability-related measure went into force in the EU -- the Corporate Sustainability Due Diligence Directive (CSDDD). Starting in 2027, qualifying companies that operate in the EU will be required to identify and act on adverse human rights and environmental impacts. The CSDDD ap...
While some US legislators have raised concerns about the extraterritorial nature of EU directives like the CSRD and CSDDD, compliance pressures from investors and private ordering may outweigh regulatory pushback. The SEC’s historical resistance to extraterritorial ESG policies could shape...