ETF Digest
CSDDD, explained: the Corporate Sustainability Due Diligence Directive
Posted
22 February 2024
Categories
“The time when businesses could ignore their #SupplyChain impact is drawing to a close.”
With the introduction of the EU’s #CSDDD (Corporate Sustainability Due Diligence Directive), businesses worldwide will face more stringent #sustainability standards, including a clear pathway to #netzero.
Our portfolio company, Normative.io, has penned an insightful article shedding light on the CSDDD. It provides a comprehensive analysis of what this directive means for businesses and offers practical steps towards ensuring compliance.
The disruption and challenges in global supply chains, heightened by the ongoing pandemic, have emphasised the urgent need for sustainable, resilient, and close-to-home supply chains. Furthermore, the increasing focus on corporate climate pledges necessitates a reevaluation of supply chain impacts.
As we navigate these shifting landscapes, understanding regulatory changes like the CSDDD becomes crucial. It’s time to rethink our approach to supply chains, not just as cost and efficiency drivers, but as a significant component of our sustainability commitments.
Dive into the full article HERE.