ESG & Supply Chains in Europe - The New EU Due Diligence Duty

Introduction

In February 2022, the Commission adopted a proposal for a Corporate Sustainability Due Diligence Directive. Amongst other responsibilities, the proposal includes a new due diligence duty to be integrated into corporate policies. This would require companies to identify, prevent, mitigate, minimise and end adverse human rights and environmental impacts in their own operations, in their subsidiaries, and in their established direct or indirect business relationships in their value chain, both upstream and downstream.

The new due diligence duty proposal has a large scope of application. It would not only cover large EU companies, but also those operating in so-called high impact sectors as well as non-EU companies that meet the same criteria in respect of their net turnover generated in the EU.

The proposal also has wide-ranging consequences as victims of breaches would be able to bring a civil liability claim for damages before the national courts.

What You Will Learn

This live and interactive course will cover the following:

• Brief background to the proposed EU Corporate Sustainability Due Diligence Directive
• Who is covered?
• Large EU companies
• Companies in high-impact sectors
• Application to non-EU companies
• What is covered?
• Overview of general due diligence duties
• Requirements for large companies
• Duties for directors
• Comparison with other, already existing CSDD laws
• The German model
• The French model
• Latest developments and outlook

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.