Thursday, 01 December 2022
On 1 December 2022, the Council adopted its negotiating position ('general approach') on the Corporate Sustainability Due Diligence Directive (CSDDD). This provides the Council presidency with the mandate to start the trialogue negotiations with the European Parliament.
The European Commission submitted the CSDDD proposal to the Parliament and Council on 23 February 2022. This Directive will complement the recently adopted Corporate Sustainability Reporting Directive (CSRD) by adding a substantive corporate duty for some companies to perform due diligence to identify, prevent, mitigate and account for external harm resulting from adverse human rights and environmental impacts in a company’s own operations, its subsidi...