𝐂𝐎𝐑𝐏𝐎𝐑𝐀𝐓𝐄 𝐒𝐔𝐒𝐓𝐀𝐈𝐍𝐀𝐁𝐈𝐋𝐈𝐓𝐘 𝐃𝐔𝐄 𝐃𝐈𝐋𝐈𝐆𝐄𝐍𝐂𝐄 𝐃𝐈𝐑𝐄𝐂𝐓𝐈𝐕𝐄 (𝐂𝐒𝐃𝐃𝐃)
(Post from Zsuzsanna Tajti PhD, CFA, FRM, PRM, CIA, SCR 🌱)
𝐂𝐃𝐏 just published the ‘𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐞 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐃𝐮𝐞 𝐃𝐢𝐥𝐢𝐠𝐞𝐧𝐜𝐞 𝐃𝐢𝐫𝐞𝐜𝐭𝐢𝐯𝐞 (𝐂𝐒𝐃𝐃𝐃) – 𝐂𝐃𝐏 𝐏𝐨𝐥𝐢𝐜𝐲 𝐄𝐱𝐩𝐥𝐚𝐢𝐧𝐞𝐫’,
✅ outlining a selection of essential aspects and implications of CSDDD, with a focus on the climate governance of companies along their value chains,
✅ highlighting significant impacts of the Directive, alongside areas where CDP’s disclosure platform can support organizations taking steps on their environmental obligations under CSDDD.
Download: 9.1.1 CDP – CSDDD CDP Policy Explained
𝑾𝑯𝑨𝑻 𝑰𝑺 𝑪𝑺𝑫𝑫𝑫?
𝐂𝐒𝐃𝐃𝐃 𝐢𝐬 𝐚𝐧𝐝 𝐄𝐔 𝐃𝐢𝐫𝐞𝐜𝐭𝐢𝐯𝐞:
➡️ aimed at addressing adverse humanrights and environmental impacts in global supply chains,
➡️ imposing a set of requirements on large EU and non-EU companies to holistically address the most significant impacts within their value chains,
➡️ requiring companies from all sectors to conduct duediligence for their value chains, the only exemption being the downstream value chains of financial institutions.
𝐂𝐒𝐃𝐃𝐃’𝐬 𝐦𝐚𝐢𝐧 𝐞𝐥𝐞𝐦𝐞𝐧𝐭𝐬:
✅ Adverse human rights and environmental impacts
✅ Companies’ value chain
✅ Large companies within the scope of the Directive
✅ Risk-based approach and obligations of means
✅ No double reporting obligations
𝑷𝑹𝑬𝑷𝑨𝑹𝑰𝑵𝑮 𝑭𝑶𝑹 𝑻𝑯𝑬 𝑰𝑴𝑷𝑳𝑬𝑴𝑬𝑵𝑻𝑨𝑻𝑰𝑶𝑵
𝐂𝐒𝐃𝐃𝐃 will be applicable for a 𝐠𝐫𝐚𝐝𝐮𝐚𝐥𝐥𝐲 𝐢𝐧𝐜𝐫𝐞𝐚𝐬𝐢𝐧𝐠 𝐬𝐜𝐨𝐩𝐞:
➡️ 26 July 2027 (3 years): EU companies with more than 5,000 employees and EUR 1,500 million worldwide turnover and non-EU companies with more than EUR 1,500 million turnover generated in the EU.
➡️ 26 July 2028 (4 years): EU companies with more than 3,000 employees and EUR 900 million worldwide turnover and non-EU companies with more than EUR 900 million turnover generated in the EU.
➡️ 26 July 2029 (5 years): All other companies in the scope of the Directive.
𝐂𝐃𝐏 in its ‘𝐏𝐨𝐥𝐢𝐜𝐲 𝐄𝐱𝐩𝐥𝐚𝐢𝐧𝐞𝐫’ provides a very useful overview of:
✅ CSDDD and its links with other legislation,
✅ how to get started and how to address challenges along the way, etc.
Vietnamese 
English