Despite ongoing political wrangling, the European Union’s (EU) Corporate Sustainability Due Diligence Directive (CSDDD) looks like it will finally make it into the statute book – albeit with significant concessions.
But what’s this new directive about, who will it apply to, and how should businesses across the world prepare for it? Quite simply, the CSDDD aims to make companies operating within the European single market take more responsibility for their social and environmental impacts.
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