Stay Vigilant: The CS3D Has Just Been Adopted, Option Droit & Affaires
May 21, 2024In an Option Droit & Affaires article, Marie-Agnès Nicolas examines the European Union’s Corporate Sustainability Due Diligence Directive (CS3D), which introduces mandatory obligations for companies to identify, prevent, and mitigate human rights and environmental risks across their operations and value chains. The directive requires companies to implement robust due diligence processes, align business strategies with climate goals, and strengthen governance and oversight. Companies operating in or connected to the European Union can focus on enhancing supply chain visibility, integrating ESG risk management into core operations, and developing comprehensive compliance frameworks to meet these new obligations.
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