Garment workers shout slogans as they protest to mark May Day in Dhaka, Bangladesh, May 1, 2024. the World Benchmarking Alliance says 90% of the world’s most influential companies are failing to ensure human rights, decent work and ethical conduct. REUTERS/Mohammad Ponir Hossain Purchase Licensing Rights, opens new tab
July 10 - The business world has yet another new European Union directive to contend with: the Corporate Sustainability Due Diligence Directive opens new tab (CSDDD), which was passed by the European Parliament earlier this year, and published in the EU Official Journal last week, meaning member states have two years to transpose its requirements into national law.
It joins a long list of new European sustainability rules, including the Corporate Sustainability Reporting Directive (CSRD), the Green Claims Directive and the Sustainable Finance Disclosure Regulation (SFDR), and is aimed at making global supply chains more responsible when it comes to human rights and environmental protection.
Source: https://www.reuters.com/sustainability/society-equity/esg-watch-new-european-human-rights-rules-leave-companies-with-big-gap-close-2024-07-11/
