EU Corporate Sustainability Due Diligence Directive 2024/1760 (CSDDD)

Summary

Requires in-scope companies to identify, prevent and remediate adverse human rights and environmental impacts across their value chains, with civil liability.

Relevance to the diaspora

Provides a leverage point for engaging companies sourcing from militarised zones of Sri Lanka's North-East, including tea and apparel supply chains.

Key provisions

• Value-chain due diligence obligation
• Civil liability for harm
• Climate transition plan

Primary source

Related entries

• → UN Guiding Principles on Business and Human Rights 2011 (UNGPs) (UN)
• → FATF Recommendations (Financial Action Task Force) (UN)