On 25 July 2024, the Directive on Corporate Sustainability Due Diligence (CSDDD, Directive 2024/1760) entered into force.
The CSDDD will impose rigorous sustainability and human rights due diligence obligations on a broad scope of companies operating within the EU. Companies have to publicly communicate on sustainability due diligence, establish a complaints procedure and can face penalties.
The effects on companies in scope as well as SMEs will be relevant soon and affect procurement, quality & security, legal etc. The CSDDD as an EU directive must be transposed into national law, which will lead to relevant changes to the German Supply Chain Due Diligence Act (LkSG).
The overall idea and impact of the CSDDD with a focus on risk management, legal consequences and practical experiences were the topic of the webinar “The Corporate Sustainability Due Diligence Directive - an overview”. The Webinar was held on December 3, 2024 in association with the law firm Meisterernst Rechtsanwälte and Akademie Fresenius.
You can request the recording of the CSDDD seminar here free of charge.
Save this date for further information on the CSDDD: 1st International Akademie Fresenius-Conference “The Corporate Sustainability Due Diligence Directive” on May 15 and 16, 2025 in Cologne.
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