The EU Corporate Sustainability Due Diligence Directive (CSDDD) will impose mandatory human rights and environmental due diligence requirements on companies in scope. The directive got final political approval in May 2024 and will be implemented through a “staged approach” to gradually cover all EU companies and parent firms with more than 1,000 employees and €450 million in turnover. Financial institutions will only be required to conduct due diligence on their own operations.
LATEST CSDDD NEWS
ESG round-up: NBIM urges jurisdictions to avoid ISSB ‘carve-outs’
Key CSDDD vote delayed again after late split over SMEs
Negotiators in final push to get EU deal on watered-down CSDDD
CSDDD faces ‘race against time’ after EU member states fail to back text
ESG round-up: CSDDD vote scheduled for Wednesday
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