In recent years, the global business landscape has witnessed a
surge in ESG-focused legislation aimed at enhancing corporate
responsibility and sustainability throughout the supply chain.
In 2023, Germany enacted the German Supply Chain Due Diligence
Act (“LKSG”) and joined the likes of Australia, Canada,
France, and Italy, in implementing legislation aimed at enhancing
corporate responsibility throughout the supply chain. In a similar
vein, European Council recently approved the Corporate
Sustainability Due Diligence Directive ("CSDDD"),
targeting not only large EU companies but also non-EU companies
with substantial EU operations, creating a legal obligation for
these companies to address environmental and human rights
violations within their supply chains.