New EU rules seek to set mandatory human rights and environmental due diligence requirements for any businesses operating in the Single Market.
The European Commission published in February a proposal for a Directive on Corporate Sustainability Due Diligence. The proposed rules address the regulatory fragmentation on environmental and human rights due diligence and foster responsible and sustainable corporate behaviour across value chains.
With this proposal, the Commission aims to set a global golden standard on due diligence and recognises the transformative role businesses can play in enhancing sustainable practices and in building a robust, socially responsible, and sustainable economy. To read a more in-depth analysis, please