The EU Corporate Sustainability Due Diligence Directive

Once implemented, the EU’s proposed Corporate Sustainability Due Diligence Directive (CS3D) will impose an unparalleled and extensive corporate governance duty on many companies based in and outside the EU.

In this report, Criticaleye Partner DWF highlights the four proposed groups of companies under scope, while outlining key requirements of the Directive and the implications of non-compliance.

 
Key Takeaways:

• CS3D aims to foster sustainable and responsible corporate behaviour by establishing due diligence requirements on both human rights and the environment.
• Understanding what the actual and potential areas of impact across companies' global value chain on human rights and the environment is a critical foundation for ensuring a targeted and effective approach to implementation.
• Unlike other legislation, the CS3D moves companies out of the sphere of merely reporting on plans, towards implementation.