Time to get to know your supply chain: EU adopts Corporate Sustainability Due Diligence Directive
July 5th, 2024
Source: White & Case LLP
The EU’s landmark Corporate Sustainability Due Diligence Directive will soon impose mandatory human rights and environmental due diligence requirements on large multinational enterprises operating in Europe. By mandating risk assessments and remedial actions throughout global supply chains, the new law aims to curb exploitation and hold big business accountable for abuses linked to their operations and business partners. A phased implementation begins in 2027, promising widespread ramifications for global trade. Explore the details in the article.
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