EU's Corporate Sustainability Due Diligence Directive Is Here To Stay

Following heated debates among various political stakeholders and unprecedented back and forth, the EU Council ultimately endorsed a final compromise text on the Corporate Sustainability Due Diligence Directive (the "CSDDD") on 15 March 2024. Meaningful concessions were made to win the required majority of EU Member States. The EU Council's vote is a significant milestone in the legislative process. Today it is clear that the CSDDD is here to stay, and companies must adapt to the new obligations.

What is the CSDDD about?

The CSDDD is a proposed EU law requiring companies that are active in the EU to (i) conduct due diligence to identify and assess actual and potential environmental and human rights adverse impacts across their chain of activities, and (ii) prevent and mitigate them or bring them to an end.