The Corporate Sustainability Due Diligence Directive (“CSDDD”) has taken a crucial step towards its final adoption: the Council of the EU and the European Parliament have reached a Provisional Agreement on its content in the course of the latest round of negotiations between the two institutions (trilogues).
The provisional agreement reached last week between the two bodies establishes the scope of the Directive, clarifies the consequences for companies that do not comply with it, outlines the different sanctions and completes the list of rights and prohibitions that companies must observe. In this respect, although the final draft of the future CSDDD has not yet been fully finalised and the detailed content of the Political Agreement reached last Friday is not yet known, below we have provided some details of the future Directive, which have been published by the European institutions.
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