SGS’ Post

🎯A key milestone for human rights and environmental due diligence. 📆The next step: by July 26, 2026, EU Member States will transpose the directive into their national law. 💼There is still a lot of work to be done to enable companies to meet the CSDDD requirements by 2027. 🧭SGS is alongside companies operating in the EU to reach due diligence next level. Check out our 10 key takeaways #CSDDD #Sustainability #ESG #HumanRights

📢 News: The EU Adopts the Corporate Sustainability Due Diligence Directive (#CSDDD) Last week, the CSDDD was approved by EU member states, marking a significant step towards ensuring that companies take responsibility for the impacts of their activities on human rights and the environment across their value chains. The requirements apply not only to the direct actions of the company but also to their subsidiaries and supply chains. EU-based companies, as well as non-EU companies that conduct a set level of business in the EU, could become liable for the actions of their suppliers. The directive will be implemented with a varied schedule based on the company's size and will be phased in over five years. Read more ↘ https://lnkd.in/eS68AReW. Strong laws on corporate responsibility are crucial if we want to meet our climate targets. The CSDDD marks a step toward more sustainable and ethical business practices, ensuring that companies play their part in protecting our people and our planet. 🌍 #sustainability #corporateresponsibility #csddd #environmentalprotection #regulatroycompliance #eu

Ending the week with Exciting News from the Council of the European Union! The EU has consistently led the way in promoting corporate accountability and sustainability. In line with this commitment, the EU Parliament passed the Corporate Sustainability Due Diligence Directive (CSDDD) in April of this year. This directive compels companies to proactively uphold human rights and address environmental concerns throughout their operations and supply chains. The CSDDD introduces some key changes to the compliance threshold. Now, companies with a net worldwide turnover of €450 million must comply, which narrows the scope to approximately 5,300 companies. The directive emphasizes transparency and sustainability, impacting the broader business landscape. Mandating companies to review their supply chains for environmental and labor malpractices aims to eliminate profits from human suffering and ecological exploitation. Learn more on our slides!  🌱✨  Connect with FORLIANCE Stay ahead of the curve and ensure compliance with FORLIANCE! Connect with us for expert guidance on navigating sustainability requirements and fostering a responsible business culture. #CSDDD #CorporateResponsibility #Sustainability #FORLIANCE

Exciting news: The European Union Corporate Sustainability Due Diligence Directive (CSDDD) has officially been approved by EU Member States. The CSDDD mandates companies to assess, address, and disclose the impacts of their activities and supply chains on human rights and the environment. This legislation, which will come into effect by 2025 and 2026, targets both EU and non-EU companies operating in the EU, focusing on high-risk industries. Here are some key points: The law will be published in the EU Journal within five weeks and take effect 20 days later. Member states have two years to adopt it. The European Commission will provide guidance. Companies will have three to five years to comply, improving due diligence, supplier training, and stakeholder engagement. This legislation represents a significant step forward in corporate sustainability, compelling businesses to adhere to stricter environmental and social responsibility standards. As businesses gear up to meet these new requirements, FORLIANCE is here to assist. Stay ahead of the curve and ensure compliance with FORLIANCE! Connect with us for expert guidance on navigating sustainability requirements and fostering a responsible business culture. #CSDDD #CorporateResponsibility #Sustainability #FORLIANCE

Exciting news: The European Union Corporate Sustainability Due Diligence Directive (CSDDD) has officially been approved by EU Member States. The CSDDD mandates companies to assess, address, and disclose the impacts of their activities and supply chains on human rights and the environment. This legislation, which will come into effect by 2025 and 2026, targets both EU and non-EU companies operating in the EU, focusing on high-risk industries. Here are some key points: The law will be published in the EU Journal within five weeks and take effect 20 days later. Member states have two years to adopt it. The European Commission will provide guidance. Companies will have three to five years to comply, improving due diligence, supplier training, and stakeholder engagement. This legislation represents a significant step forward in corporate sustainability, compelling businesses to adhere to stricter environmental and social responsibility standards. As businesses gear up to meet these new requirements, FORLIANCE is here to assist. Stay ahead of the curve and ensure compliance with FORLIANCE! Connect with us for expert guidance on navigating sustainability requirements and fostering a responsible business culture. #CSDDD #CorporateResponsibility #Sustainability #FORLIANCE

🌱Exciting News for Sustainability Enthusiasts!🌍    The recent enactment of the EU Corporate Sustainability Due Diligence Directive (CSDDD) marks a significant milestone in corporate responsibility, highlighting the importance of embedding sustainability, human rights, and labour laws at the core of business operations. For companies within the EU or those with ties to the EU market, including UK businesses engaging with or within Europe, this means a heightened focus on sustainable practices across all sectors. This directive is more than a regulatory requirement; it's a call to action for businesses to integrate sustainability and ethical considerations as fundamental values. Let's welcome this change, spur innovation, and lead the way to a more sustainable future for everyone.    #Sustainability #CSDDD #CorporateResponsibility #EURegulation

Exciting news from the EU Council! 🌍 Their recent approval, even in a scaled-back form, marks a significant step towards our collective environmental goals. It's a reminder that progress, although sometimes incremental, is still progress. This decision could serve as a foundation for more comprehensive actions in the future. Let's continue to support and advocate for sustainable practices and policies that protect our planet. #EnvironmentalPolicy #Sustainability #EU #ClimateAction #EUGreenDeal #ZeroEmissions 🌱

🇪🇺 The European Parliament has adopted last week the Corporate Sustainability Due Diligence Directive (CSDDD) - a significant development for companies operating in and with the EU. 🔍 What is the CSDDD? The CSDDD aims to ensure companies take responsibility for the environmental and human rights impacts throughout their supply chains. This includes not only a company's direct operations but also the actions of its subsidiaries and suppliers. What does this mean for your business? Even if your company isn't headquartered in the EU, the CSDDD could still impact you if you supply goods or services to the European market. You may need to: ☑️ Identify and assess sustainability risks in your supply chain. ☑️ Implement measures to address these risks. ☑️ Report publicly on your sustainability efforts. 🗓️ The CSDDD is expected to come into effect by phases, starting with reporting on 2026 for the largest companies. Companies should begin preparing now to ensure compliance. Stay tuned for further updates! We'll be sharing more information about the CSDDD and its implications in the coming weeks. #EU #Sustainability #CSDDD #SupplyChain #CorporateDueDiligence #HumanRights #Environment #ESG

The new EU Corporate Sustainability Due Diligence Directive (CS3D) will integrate environmental and human rights issues into the operations and supply chains of thousands of companies.   Our clients understand that compliance can shine a light on value creation in businesses. For insights on how to get started, check out this article by my colleagues Daniel Weise, Ingrid Cornander and Michael Jonas https://lnkd.in/eki3VuTB #RiskManagement #SustainableBusiness #CSDDD

Listen up EU and Non-EU Companies! The Council of the European Union recently came to a provisional agreement on the CSDDD. Do you know what it is and how it impacts you? This 3 min blog article has it all for you - happy reading :) #CSDDD