Alerts & Updates 11th Jul 2023

EU Parliament Finalizes Position on Upcoming Corporate Sustainability Due Diligence Rules

Authors

Parthsarathi Jha Partner | New Delhi | Noida
Sanjay Notani Partner | Mumbai
Naghm Ghei Principal Associate | Delhi NCR
Mitul Kaushal Consultant | Delhi NCR

Latest Thought Leadership

Articles 6th Feb 2025

Union Budget 2025 Proposals for the Indian Crypto Industry: Alignment with Global Practices

Read More
Articles 6th Feb 2025

Debut of Track & Trace under Indian GST law fulfilling obligations towards public health

Read More
News & Media 6th Feb 2025

Will INR 12 lakh income qualify for zero tax even with capital gains?

Read More
News & Media 6th Feb 2025

ITR Filing: Know the new Budget 2025 rules for filing updated income tax returns

Read More

On June 1, 2023[1], the European Parliament (EU Parliament) adopted its position on the proposed Corporate Sustainability Due Diligence Directive (“CSDDD”).[2] The European Commission (Commission) published the initial proposal for the CSDD on February 23, 2022 (EC Proposal). The Council of the European Union (“Council”) thereafter, adopted its own position on the proposal in November 2022. The CSDDD will now be subject to negotiations between the EU Parliament and Council before it is adopted.

Once implemented, the CSDD will require covered companies to conduct due diligence on and assume accountability for actual and potential violations of human rights and environmental damage caused throughout their value chains.

Disclaimer: The information contained in this document is intended for informational purposes only and does not constitute legal opinion or advice. This document is not intended to address the circumstances of any individual or corporate body. Readers should not act on the information provided herein without appropriate professional advice after a thorough examination of the facts and circumstances of a situation. There can be no assurance that the judicial/quasi-judicial authorities may not take a position contrary to the views mentioned herein

Privacy Policy

As per the rules of the Bar Council of India, lawyers and law firms are not permitted to solicit work or advertise. By clicking on the "I Agree" button, you acknowledge and confirm that you are seeking information relating to Economic Laws Practice (ELP) of your own accord and there has been no advertisement, personal communication, solicitation, invitation or any other inducement of any sort whatsoever by or on behalf of ELP or any of its members to solicit any work through this website.