Countdown to CSDDD: 3 years to compliance
Firms are facing an uphill battle to ensure compliance, particularly on human rights due diligence.
With exactly three years left for the first wave of companies to comply with the Corporate Sustainability Due Diligence Directive (CSDDD), the pressure is on for the world’s largest corporations to transform their supply chain accountability.
Finally approved by the EU Parliament in April after months of tense negotiations between EU member states, the EU Corporate Sustainability Due Diligence Directive, known as CSDDD or CS3D, was published in the EU Official Journal on July 5, 2024 – setting the first deadline for compliance on July 25, 2027.
