Guide
Everything you need to know about the EU’s Corporate Sustainability Due Diligence Directive (CSDDD)
Earlier this year, the European Union finalized the Corporate Sustainability Due Diligence Directive (CSDDD) draft proposal. Following amendments to the Directive, it was approved by the European Parliament on April 24th, 2024 and formally approved by the European Council a month later, marking a significant step towards the enforcement of new environmental and human rights standards.
This legislation will bring about fundamental changes in supply chain management for both EU and non-EU companies. The requirements imposed by the Directive may appear daunting for already resource-constrained compliance teams. However, companies can stay ahead by establishing scalable processes to enable proportionate and efficient risk management and compliance with the Directive.
This guide will break down the requirements of the Directive and address how companies can start preparing for it already today.
To figure out where to start, we've put together this guide.
What's inside:
- Who is subject to the directive
- Preparing for compliance with the requirements of the CSDDD
- Leveraging the OECD due diligence guidelines framework
- Implementation timeline of the directive
- How you can start preparing for the directive
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