On 24 May 2024, the Council of the European Union adopted the Corporate Sustainability Due Diligence Directive (CSDDD or CS3D) – see Council press release and the text approved by the Council. The European Parliament gave its final approval to this text on 24 April 2024 (for more details, see our previous blog post).
After being signed by the President of the European Parliament and the President of the Council, the Directive will be published in the Official Journal of the EU. It will enter into force on the 20th day following its publication.
Member states will then have two years to transpose the new rules into their national laws. Transition periods will apply based on a staged approach, with the actual entry into application of the CSDDD rules mid-2027 for the largest in-scope companies.
For more information on the CSDDD, explore our related content:
- Watch our webinar: Deal on the EU CSDDD
- Read our FAQs on the upcoming EU Corporate Sustainability Due Diligence Directive
- View our flyer on managing supply chain risks: reporting and diligence
- Watch our video on human rights due diligence: prioritisation and where to start
- See our Business & Human Rights webpage
- Read our BHR blog posts
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.