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.
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.
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 issues.
How can sustainability due diligence be implemented? What are examples of good and bad practice? Read our e-book with FAQ assembling figures, examples and helpful guidance!
Today, the European Parliament has adopted its negotiating position on the proposal for a Corporate Sustainability Due Diligence Directive (CSDDD). A majority of 366 Members of the Parliament voted in favour of almost all the amendments endorsed by the Committee on Legal Affairs in April, with 225 votes against and 38 abstentions.
More than a half of the energy consumed in the EU is used to heat and cool homes, offices, shops and other premises. In the context of the EU's efforts to reduce emissions, the decarbonisation of the heating sector is therefore inevitable. But how to achieve a successful transformation of the heating sector in the Czech Republic? We have reviewed examples of community heating plants abroad and outlined solutions applicable in CZ as well.
By the end of July, the European Commission is expected to adopt its first set of sustainability reporting standards (ESRS). The standards will impact 50,000 European companies and thousands international corporate groups. As part of the EU Corporate Sustainability Directive (CSRD) ecosystem, they will require large companies to report information on their sustainability impacts on people and planet as well as their sustainability-related risks and opportunities.
