Strategic Focus: Understanding The EU’s Corporate Sustainability Due Diligence Directive (CSDDD)
Access this research
Access all ESG & Sustainability content with a strategic subscription or buy this single report
Buy now $2422.00
Buy Subscription
Need help or have a question about this report? Contact us for assistance
Executive Summary
On July 25, 2024, the European Union’s Corporate Sustainability Due Diligence Directive (CSDDD) entered into force, ushering in an era of enhanced corporate duty to ensure long-term societal and environmental value through a firm’s operations and value chains. This report provides an overview of the directive alongside actions that organizations can undertake to prepare themselves for eventual compliance from 2027 onwards. C-Suite executives should use this report to inform their due diligence action, as part of their sustainability roadmaps, over the next two years.
Table of contents
Summary for decision-makersThe CSDDD advances the EU’s sustainability agenda by merging due diligence with environmental and social considerations
The CSDDD mandates firms know, show and improve their sustainability impacts
The CSDDD raises the bar for ESG and sustainability regulations across the world
Firms must start preparing now for eventual compliance with the CSDDD
Robust due diligence mechanisms will hold firms in good stead
Firms can leverage digital tools and external expertise to boost CSDDD preparedness
Table of figures
Figure 1. Application of the CSDDDFigure 2. Buckets of human rights legislation
Figure 3. An overview of EU regulations
Figure 4. The CSDDD’s processes for businesses
Organisations mentioned
Achilles, Avetta, Bureau Veritas, DEKRA, Deloitte, EcoVadis, European Commission, European Parliament , Fair Wear Foundation, Hillenbrand, IntegrityNext, Intertek, Organisation for Economic Co-operation and Development (OECD), SGS, Sphera, UL Solutions, UN, World Benchmarking AllianceAbout the authors
Related Reports
Not a Verdantix client yet?
Register with Verdantix for authoritative data, analysis and advice to allow your business to succeed.