Home » Legal developments » European legislation » EU: EU draft directive on corporate sustainability due diligence finally unveiled EU: EU draft directive on corporate sustainability due diligence finally unveiled On 23 February, and following approval by the College of Commissioners, the European Commission presented its long-awaited draft directive on due diligence. Although NGOs had been worried that repeated postponements would mean a watering down of the text, the broad definition of companies coming under its scope has been retained and the text imposes a wide range of due diligence obligations on them, even including them having to alter their strategies when their business activities run counter to climate objectives. Through Antoine Piel. Published on 23 February 2022 Ă 15h16 - Update on 18 January 2023 Ă 14h40 Resources After many months of waiting, the EU draft directive on due diligence is finally on the table and once finally agreed must be transposed by 2025. Despite the delay, the EU Commission’s text takes up most of the MEPsâ main thrusts (c.f. article No.12408). In accordance with their recommendations, and in comparison with current French and German legislation, the text provides for the creation of national authorities in charge of investigating human rights and environmental abuses linked to contractors along with the competence to sanction them. The text would also serve to prevent legal âfragmentationâ on due diligence and provide âlegal certaintyâ in relation to direct initiatives by companies.… This article is for subscribers only Already have an account? Log in You are not registered yet ? Sign up for a free trialfree for 15 days Online services : studies, analyses, databases and much more Daily Briefing : latest news digest Weekly letters Last name First name Email address Antoine Piel Corporate sustainability due diligence Need more info ? Contact mind's on-demand study service Which service do you want to contact :WritingCommercial serviceTechnical SupportFirst nameLast nameOrganizationFunctionemail* Object of the messageYour messageEmailThis field is for validation purposes and should be left unchanged. Essentials Les derniĂšres publications What type of employment status will platform workers hold? mind RH updates its comparison of several countriesâ regulatory responses CSR: support for caregiving employees, a new challenge for companies Analyzes Les derniĂšres publications Paternity leave: data observations from 41 countries EU: during H1 2022 five EU Member States have raised their minimum salary levels
