“On 23 February 2022, the EU Commission released its draft Directive on Corporate Sustainability Due Diligence (CSDDD). It follows – and seemingly takes inspiration from – several national mandatory human rights and environmental due diligence (HREDD) laws, notably in France, (‘LdV’) Germany (‘GSCDDA’) and Norway (‘Transparency Act’). It provides a strong legal basis and innovations to enhance corporate accountability, to strengthen stakeholder value and to create a European and possibly global standard for responsible and sustainable business conduct …” (part 1, part 2)
[Stéphane Brabant, Claire Bright, Noah Neitzel and Daniel Schönfelder, Verfassungsblog, 15-16 March]
First posted 2022-03-16 10:00:38
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