The planned EU Corporate Sustainability Due Diligence Directive (CSDDD) stems from a proposal by the European Commission. The legislation is intended to help reduce environmental decay and human rights violations in the globalized economy. If the CSDDD is adopted, all EU member states will be obliged to transpose it into national legislation and to amend existing provisions. So, who is affected by the so-called EU Supply Chain Act, what does it contain and how can companies be supported in its implementation?
Sustainable Supply Chain Management
Ever more companies are placing their strategic focus on meeting sustainability criteria: After all, in addition to the increased requirements on the customer side, there is also a growing number of legal regulations that require ecologically justifiable and resource-preserving actions. Companies that rely on environmental management in accordance with ISO (International Organization for Standardization) norm 14001 therefore have a strategic advantage. In our latest blog article, we discuss the added value that is associated with certification and which criteria are relevant.
The new EU Corporate Sustainability Reporting Directive (CSRD) obliges significantly more companies to publish a report on their sustainability efforts. In order to standardize the content and make it comparable, the reports are to be prepared according to binding standards in the future. But who is affected by the new CSR directive and what type of information is required? Our latest article on the blog provides an overview of when the CSRD does apply, what the changes are, and which companies must publish a report.