BRUSSELS – The European Union’s Corporate Sustainability Due Diligence (CSDD) directive, which seeks to make companies responsible for human rights and environmental issues in their global supply chains, is set to be adopted this month.
It follows a vote by the European Parliament in which 525 members voted in favour and 60 voted against, with 28 abstentions, on the mandatory due diligence directive which will apply to around 50,000 companies.
During the debate, French MEP Pascal Durand said: “Europe is showing the world that it is indeed possible to ensure finance, in the narrow sense of the word, does not govern the entire global economy.”
Already have an account? Log In
Recommended
Most Popular
Latest Magazine
Features
Why China’s new wastewater standard is only one part of a broader shift spanning environmental law
As Brussels switches on its product passport registry, fashion’s supply chain data gaps threaten a bumpy rollout
As green claims face closer regulatory scrutiny liability no longer sits solely with the brands
News
Preview of our Textile Standards & Legislation Guide
China’s strengthened rules make officials personally accountable for serious environmental damage
New process to strip reactive dyes from cotton could benefit textile-to-textile recycling
Opinion
European factory closures show costs, geography and demand decide which materials survive
Other publications from MCL News & Media
