EU: Parliament definitively adopts Corporate Sustainability Due Diligence Directive

On 24 April, at the end of a long legislative process, the European Parliament definitively adopted the draft directive on due diligence. Although the last-minute efforts of some member states, under pressure from lobbies, have weakened the text, its advocates nonetheless describe this as a historic step forward in regulating the globalisation of value chains.

Through Antoine Piel. Published on 24 April 2024 Ă  17h25 - Update on 25 April 2024 Ă  16h21

Within three years, all companies with more than 5,000 employees and annual turnover of €1.5 billion will have to prevent and remedy any negative impact their business has on human rights and the environment. All companies with at least 1,000 employees and annual turnover of €450 million or more will then be required to comply in stages from 2029.…

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