Corporate Sustainability Due Diligence Directive (CSDDD) 

The CSDDD is an EU regulation requiring companies to identify, prevent, mitigate and account for actual or potential adverse impacts on human rights, the environment and good governance throughout their operations, subsidiaries and supply chains. To achieve this, businesses must carry out due diligence to assess, address and report on risks and negative impacts within their value chains. The Directive also requires companies to implement corrective actions and to establish grievance mechanisms for affected stakeholders. It aims to ensure that businesses contribute to sustainable development by holding them accountable for the impacts of their activities, both directly and indirectly. 

Note: The CSDDD is one of the regulations within the scope of the EU Omnibus proposal . If adopted, the Omnibus would alter the parameters of the CSDDD in terms of applicability and implementation.