The hard-fought CSDDD battle: Implications for corporate accountability in Europe

The EU’s Corporate Sustainability Due Diligence Directive (CSDDD), voted in on 24 April 2024 by European Parliament after a lot of back and forth, is a key legislation aiming to hold companies accountable for their environmental and human rights impacts.  It represents a significant step forward for effective corporate accountability.

The Observatory Blog’s analysis looks at the implications of this new law.

Published on 29 April 2024, it was written by Tania Martha Thomas of Climate Chance with the support of Richard Gardiner of the World Benchmarking Alliance (WBA).

Contents:

  • The European context: The Green Taxonomy, CSRD, SFDR… and the CSDDD
  • The CSDDD timeline so far
  • A reduced scope, still with wide-reaching consequences
  • Reactions from businesses
Read the note