Tag: CSDDD

A study by Mannheim Business School has found that despite the enactment of Germany's supply chain due diligence law last year, most firms continue to rely on financial metrics over sustainability when selecting suppliers.

The EU's Corporate Sustainability Due Diligence Directive (CSDDD) has officially taken effect, marking a stride in sustainable business practices.

The Corporate Sustainability Due Diligence Directive (CSDDD) is poised to reshape the European corporate landscape significantly.

In April 2024, the European Parliament endorsed the CSDDD, marking a pivotal advancement in sustainable and ethical corporate conduct.

The Corporate Sustainability Due Diligence Directive, commonly referred to as CSDDD or CS3D, is Europe's ambitious initiative aimed at instilling sustainable practices within the corporate world. Designed to monitor and ensure that corporations are accountable for their human rights and environmental impacts, the directive is making waves and is projected to be adopted by the end of 2023.

The EP has voted in favour of new rules which require companies to consider their climate impact and human rights.