Corporate Sustainability Due Diligence

Corporate Sustainability Due Diligence

On 23 February 2022, the European Commission has adopted a proposal for a Directive on Corporate Sustainability Due Diligence.
Member states await the final version of the EU’s Corporate Sustainability Due Diligence Directive and they are poised to implement their own versions of the Directive on a national level (they will have two years to transpose the Directive into national law).

Management has the duty to establish and oversee the implementation of due diligence in order to consider human rights, climate change and environmental consequences in their decisions and corporate strategy, included in the long term.

The proposed directive is closely related to other EU requirements and proposals such as the Corporate Sustainability Reporting Directive (CSRD) and the EU Taxonomy’s minimum social safeguards. The Corporate Sustainability Due Diligence Directive proposal, however, goes beyond reporting duties. It imposes duties on implementing due diligence measures and assigns accountability beyond company’s own operations into the supply chain.

The Sustainabilty Team is working to make sure we are ready for such deadline that will require a transformational journey for the organization.

Corporate sustainability due diligence (