Corporate Sustainability Duty of Care Directive (CSDDD)

The Corporate Sustainability Duty of Care Directive (CSDDD) is a piece of legislation that requires companies to manage their activities with due regard to their social and environmental impacts. It defines companies' responsibilities in sustainability and promotes best practices in this area.

The CSDDD generally covers large-scale companies and financial institutions. These companies must consider the social, environmental and economic impacts of their products and services from production to sale. These impacts include issues such as labor rights, environmental impacts, supply chain management and transparency.

This directive is becoming increasingly important because it recognizes that companies need to move away from focusing solely on profit and consider the impact of their activities on society and the environment. The CSDDD contributes to the creation of a sustainable business world by encouraging companies to be more transparent, set sustainability goals and strive to achieve these goals. This leads to long-term benefits for both the environment and society.

Therefore, the Corporate Sustainability Duty of Care Directive is a positive step for both business and communities around the world by enabling companies to take a more responsible role in sustainability.