Yesterday, the politically controversial draft directive on the Corporate Sustainability Due Diligence Directive (CSDDD) was approved by the European Parliament. The draft directive had previously passed the European Council without Germany’s approval. The CSDDD will enable the EU to pursue its objective of obliging businesses operating in the EU to take greater responsibility for compliance with human rights and environmental protection requirements, throughout their entire supply chain. Our KMLZ Newsletter provides you with an initial overview of these new obligations.
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