CMS CSDDD Navigator
Find out if your company is ready for EU regulation on supply chains
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On 24 April 2024, following intense discussions, the European Parliament enacted a heavily revised version of the Corporate Sustainability Due Diligence Directive (the CSDDD).
The requirements of the CSDDD will still apply to large EU companies but also to large non-EU companies with significant turnover in the EU. SMEs are not caught directly but may be affected indirectly as part of the value chain of an in-scope company.
The updated CSDDD will come into force 20 days after its publication in the Official Journal of the EU and must then be transposed into national law by the Member States. Don't risk being caught unprepared!
To check whether the CSDDD may apply to your company and how ready your company is to comply with its requirements, click the green button below to access our tool.
The CSDDD marks yet another historic shift from soft law to hard law. This presents a unique opportunity for companies to assess the risks within their supply chains while utilizing this moment to transform and restructure them, embracing sustainability as a necessity to remain competitive.
Dr. Döne Yalçın, Managing Partner Türkiye | Head of ESG/Sustainability Vienna & CEE
Whilst the negotiations brought some relief to market players in scope of the directive, CSDDD still requires corporations and their business partners inside and outside the EU to severely adopt internal processes and introduce tailored but robust human rights and environmental risk management tools.
Dr. Joachim Kaetzler, Co-Head of the ESG Task Force
Applicability of CSDDD
Scenario 1: EU Company
Scenario 2: Non-EU Company
The CSDDD Navigator will help you to assess whether:
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Click here to access CSDDD Navigator
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