The EU Parliament has adopted its amendments to the proposal for the Directive on Corporate Sustainability Due Diligence (CSDDD).
Crucial relevant changes from the original European Commission proposal for large enterprises are:
Companies in scope of CSDDD
Impact in the scope of the due diligence exercise
Obligation to adopt transition plans
Timeline for applicability of the new rules
These provisions might still change during negotiations between the EU Parliament and Council, however we have provided an overview of the relevant changes in this alert.
