CSDDD | Corporate Sustainability Due Diligence Directive

The EU Corporate Sustainability Due Diligence Directive (CSDDD) will impose mandatory human rights and environmental due diligence requirements on companies in scope. The directive got final political approval in May 2024 and will be implemented through a “staged approach” to gradually cover all EU companies and parent firms with more than 1,000 employees and €450 million in turnover. Financial institutions will only be required to conduct due diligence on their own operations.

LATEST CSDDD NEWS

Negotiators in final push to get EU deal on watered-down CSDDD

Increased thresholds, new phase-ins and value chain changes proposed by Belgian presidency in effort to reach compromise.
Rejected stamp on a green background

CSDDD faces ‘race against time’ after EU member states fail to back text

Stakeholders lambast lobbying as future of due diligence directive hangs in the balance.

ESG round-up: CSDDD vote scheduled for Wednesday

The latest developments in sustainable finance: Business Council of Australia calls for delay to climate reporting; financial institutions lag on deforestation, says Global Canopy.

ESG round-up: CSDDD vote postponed again

The latest developments in sustainable finance: ESMA preparing greenwashing indicators; ISDA launches climate scenarios for bank trading books.

German infighting grows as CSDDD approaches key vote

Pharma giant Bayer breaks with own industry association to call for law to be passed as politicians battle over German position in key vote.

ADDITIONAL RELATED COVERAGE: TNFD

ADDITIONAL RELATED COVERAGE: ISSB

ACCESS THE RI RESOURCE

Head to our RI Resource portal and access a wealth of sustainable finance information, including company reports, sustainable investment funds, educational videos, and people information.

The platform is an invaluable tool for those wishing to better understand the sustainable finance sector, collaborate with industry colleagues or explore a range of exciting sustainability products and services.

Click here to access it now.

ATTEND OUR UPCOMING EVENT

Responsible investor Canada 2024

Join the discussion on how the CSDDD framework is being integrated in Canada, and what investors can learn from early adopters at RI Canada 2024.

Discover key RI event themes and explore the agenda here.

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