EU CSDDD adopted

On April 24, 2024, the European Parliament voted to adopt the Corporate Sustainability Due Diligence Directive (CSDDD), following months of negotiations between EU institutions and member states. While such an initiative is a step in the right direction, it will only truly deliver its promised sustainability benefits if it addresses the unique needs of the suppliers in the countries where most of these requirements will be applied. With the right implementation, due diligence regulations should help generate genuine responsible investment in developing countries. Read more about CSDDD here and here.