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FAQ on human rights and environmental due diligence: What it means and how to do it

Ondřej Janků

In response to demands from investors and companies, the European Commission presented a proposal for a Corporate Sustainability Due Diligence Directive (CSDDD) in February 2022. The Directive is also a response to France, Germany and Norway adopting legislation on due diligence and attempts to harmonize and introduce one European standard of responsible business conduct.

Due diligence is a process that gives companies guidance on how to identify risks of significant negative impacts in their own operations and their business relationships throughout the value chains. It also helps them choose the appropriate approach to prevent and address the identified...

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Julia Otten

From rushed reactions to proper preparedness: Corporate due diligence in times of armed conflict

The Russian invasion of Ukraine has highlighted the need for corporate human rights and environmental due diligence legilsation. Future private sector preparedness requires a harmonised standard of responsible business conduct.

Susanna Arus

Civil society statement on the International Sustainability Standards Board

The next months are key to determining what kind of sustainability data companies will disclose. For the transformation to an economy within planetary boundaries, we call on the ISSB to develop standards that go beyond climate, require reporting on key impact data and ensure climate-related disclosures are sufficiently granular to be meaningful.

Susanna Arus

EU deal for mandatory sustainability standards and rules for companies ESG reporting: Member States to ensure swift implementation

The European Commission, Parliament and Council reached an agreement for the new EU Corporate Sustainability Reporting Directive (CSRD) that clarifies disclosure obligations for large companies and listed SMEs, and mandates the development and adoption of mandatory EU corporate sustainability reporting standards. 

Ondřej Janků

Czech Presidency lacks focus on green transition, Frank Bold experts point out

The Czech government presented five key priorities it wants to focus on during the Presidency of the Council of the European Union, beginning on 1 July. The priorities include post-war reconstruction of Ukraine, energy security, strengthening European defence and cybersecurity, as well as the resilience of the European economy and of democratic institutions. However, according to Frank Bold experts, there is a lack of emphasis on the green transition - which is crucial for both energy security and economic resilience.

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