Corporate Sustainability Due Diligence Directive (CSDDD) Update

June 2023
Region: Europe

The EU Parliament has adopted its amendments to the proposal for the Directive on Corporate Sustainability Due Diligence (CSDDD).

Crucial relevant changes from the original European Commission proposal for large enterprises are:

  • Companies in scope of CSDDD
  • Impact in the scope of the due diligence exercise
  • Obligation to adopt transition plans
  • Timeline for applicability of the new rules

These provisions might still change during negotiations between the EU Parliament and Council, however we have provided an overview of the relevant changes in this alert.