Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

Skip to content Skip to sidebar Skip to footer

EU Parliament Adopts Environmental, Human Rights Sustainability Due Diligence Law

After overcoming years of negotiation hurdles, the European Parliament has voted 374 to 235 to adopt the Corporate Sustainability Due Diligence Directive (CSDDD), marking a significant step towards mandating companies to address their negative impacts on human rights and the environment. This decision follows the rejection of an earlier version by member states in the EU Council, underscoring the complexity and contentious nature of the legislative process. The directive, which now awaits formal approval from the Council, began its journey in 2020 with studies by the European Commission on sustainable corporate governance and supply chain due diligence, culminating in a proposed draft in February 2022. Despite facing opposition and setbacks, compromises were made, leading to a revised version of the CSDDD that raised thresholds for company coverage and phased in implementation over several years. Lead MEP Lara Wolters described the vote as a milestone for responsible business conduct, highlighting the directive’s aim to combat exploitation and promote sustainable practices.

Learn more here.

Leave a comment