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ARTICLE · 15 MARCH 2024

Travers Smith's Sustainability Insights: Supply Chain Due Diligence In Europe

Travers Smith LLP
Travers Smith LLP
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Travers Smith LLP

Travers Smith LLP

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The EU's Corporate Sustainability Reporting Directive, or CSRD, will require many large companies (including many alternative asset managers)...

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The EU's Corporate Sustainability Reporting Directive, or CSRD, will require many large companies (including many alternative asset managers) to report their harmful environmental and social impacts. The CSRD's detailed rules may be unnecessarily complex and expensive to implement, including for private markets investors, but few in Europe take issue with the principle. Most agree that the law should require companies to report publicly on their ESG performance – at least to some extent.

But what about the logical next step: requiring companies to take action to avoid doing harm? Is that a step too far?

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