The aim of this Directive is to foster sustainable and responsible corporate behaviour and to anchor human rights and environmental considerations in companies’ operations and corporate governance. The Proposed Directive will complement the Sustainable Finance Disclosure Regulation and the Taxonomy Regulation.
The directive provides for civil sanctions issued by a supervisory authority and for private enforcement through civil liability. In practice, small and medium- ...
Mar 15, 2022 · On 23 February 2022, the European Commission published its much-anticipated draft corporate sustainability and due diligence directive (the Draft Directive ), after a number of delays (see our Previous Blog ). The Draft Directive sets out a proposed EU standard for human rights and environmental due diligence ( HREDD ).
VerkkoIt replaces clickable CELEX identifiers of treaties and case-law by short titles. Visualisation of document relationships. It displays a dynamic graph with relations …
Dec 15, 2022 · The initiative is also known under the name "sustainable corporate governance". This proposal establishes a corporate sustainability due diligence duty to address negative human rights and environmental impacts. The proposal aims to foster sustainable and responsible corporate behaviour throughout global value chains.
This initiative aims to improve the EU regulatory framework on company law and corporate governance. It would enable companies to focus on long-term ...
On 23 February 2022, the Commission published a legislative proposal for a Directive on corporate sustainability due diligence. The initiative is also known under the name "sustainable corporate governance". This proposal establishes a corporate …
Breaking news: on 23 February 2022, the Commission published its proposal for the Directive on Corporate Sustainability Due Diligence (hereinafter to …
On 5 January 2023 the Corporate Sustainability Reporting Directive (CSRD) entered into force. This new directive modernises and strengthens the rules …
It should also be noted that as the name implies, the proposed CSDD brings a corporate sustainability due diligence system and establishes a corporate due …
The EU's legislative proposal for a Sustainable Corporate Governance initiative, including mandatory human rights and environmental due diligence for EU ...
The CSRD covers all relevant environmental, social and governance (ESG) elements, and aims to increase investments in truly sustainable activities across the European Union. Three-way discussions between the European Parliament, the European Council and the EC finalised the text, which was published on 21 June 2022.
Mar 18, 2022 · The delay in the adoption of the Proposal including the trouble with the Regulatory Scrutiny Board (a quality control and support body for Commission impact assessments and evaluations at early stages of the legislative process) that unusually issued two negative opinions in itself indicates controversies surrounding the initiative.
VerkkoIn line with the overall Commission objective of a just transition to a sustainable economy and a sustainable recovery after the COVID crisis, the European Green Deal …
Dec 11, 2022 · On 10 November 2022, the EU Parliament adopted the Corporate Sustainability Reporting Directive (“ CSRD “). The EU Council is expected to adopt the CSRD on 28 November 2022, after which it will be published in the Official Journal.
VerkkoThis proposal takes into consideration the Commission’s 2021 Work Programme, in particular the forthcoming initiative on sustainable corporate governance, and the …