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European Union › EU Directive › Due Diligence

The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of... more +
The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -
Foley Hoag LLP - Global Business and Human...

Recent Developments in E.U. and U.S. Human Rights Law Signal an End to Voluntary Corporate Standards

Foley Hoag LLP - Global Business and Human... on

Over the next few years, lawmakers and regulators in many jurisdictions will deepen their implementation of new human rights laws that impose significantly higher compliance burdens on companies. Concerns over whether...more

Ius Laboris

Impact of Europe’s due diligence directive on Australian businesses

Ius Laboris on

The European Union's (EU) Corporate Sustainability Due Diligence Directive (CSDDD) is one of the most significant corporate responsibility reforms in recent years. Its impact will be felt far beyond the EU – including in...more

Latham & Watkins LLP

The EU’s Corporate Sustainability Due Diligence Directive - Obligations for Companies

Latham & Watkins LLP on

On 5 July 2024, the final text of the Corporate Sustainability Due Diligence Directive (CSDDD) was entered into the Official Journal of the EU. The CSDDD will enter force on 25 July 2024. This marks the final key step in the...more

Latham & Watkins LLP

EU Adopts Corporate Sustainability Due Diligence Directive

Latham & Watkins LLP on

The CSDDD is set to impose mandatory human rights and environmental due diligence obligations for in-scope companies. On 5 July 2024, the Corporate Sustainability Due Diligence Directive (CSDDD) was published in the...more

Jones Day

Pay Equity and Transparency: Expanding Obligations for U.S. Employers with EU Operations

Jones Day on

The Situation: While U.S. states continue to legislate pay equity and transparency obligations, significant changes are on the horizon in the European Union that will impact U.S. companies with sizeable operations there. The...more

Latham & Watkins LLP

EU Parliament Approves Supply Chain Sustainability Rules

Latham & Watkins LLP on

On 24 March 2024, the European Parliament approved the Corporate Sustainability Due Diligence Directive (CSDDD) with a vote of 374 in favour (compared with 235 votes against and 19 abstentions)....more

Mayer Brown

Human Rights and the Environment: what to expect from the Corporate Sustainability Due Diligence Directive?

Mayer Brown on

Following weeks of uncertainty, the Corporate Sustainability Due Diligence Directive ("CS3D") was finally adopted by the Council of the European Union ("Council") on March 15, 2024. ...more

Jones Day

Third Time's a Charm: EU Moves to Approve the Sustainability Due Diligence Directive

Jones Day on

The Council of the European Union ("EU") approved the Corporate Sustainability Due Diligence Directive ("CS3D") on March 15, 2024. The CS3D contains due diligence and governance obligations that will have an extensive impact...more

Latham & Watkins LLP

EU Member States Reach Agreement on Corporate Due Diligence Directive

Latham & Watkins LLP on

Following extended negotiations, the directive was endorsed with a significantly narrower scope that would reduce the number of companies affected. On 15 March 2024, EU Member States endorsed the Belgian Presidency’s...more

Ius Laboris

EU takes important step on supply chain due diligence

Ius Laboris on

The European Commission and European Parliament recently reached agreement on the details of a new Corporate Sustainability Due Diligence Directive. The Directive will require large organisations to implement due diligence...more

Hogan Lovells

December 2023: The month that changed the product safety and liability landscape in Europe

Hogan Lovells on

December 2023 was an intense month for the European product safety and liability landscape, with updates by the EU legislator on three important pieces of legislation in recent weeks. For the time being, most UK product...more

Latham & Watkins LLP

European Parliament Agrees Position on Corporate Sustainability Due Diligence Directive

Latham & Watkins LLP on

Trialogue negotiations have begun following the parliament’s vote. On 1 June 2023, the European Parliament voted to adopt its initial negotiating position on the EU’s proposed Corporate Sustainability Due Diligence...more

Cadwalader, Wickersham & Taft LLP

European Parliament Adopts Corporate Sustainability Due Diligence Directive Amendments

Cadwalader, Wickersham & Taft LLP on

On June 1, 2023, the European Parliament adopted amendments to the corporate sustainability due diligence regulation and amending directive. Under the amendments, large companies operating in the EU would be required to...more

Jenner & Block

Business and Human Rights Considerations on the Rise in 2023

Jenner & Block on

Business and human rights expectations and obligations, based at their core on the UN Guiding Principles on Business and Human Rights (UNGPs), are now increasingly being integrated into non-binding local business expectations...more

Littler

Recent Human Rights Due Diligence Law Developments in the European Union, Switzerland, and Japan

Littler on

National and supranational legislatures continue to develop laws requiring employers to conduct due diligence of their operations and those of their business partners in order to address human rights risks such as forced...more

Latham & Watkins LLP

6 Sustainability Takeaways in EU Antitrust & Regulatory - August 2022

Latham & Watkins LLP on

EU Parliament and Council reach agreement on CSRD - European Parliament and European Council | 21 June 2022 - The European Parliament and European Council reached a provisional political agreement on the terms of the...more

White & Case LLP

European Commission issues major proposal on due diligence obligations to protect human rights and the environment across supply...

White & Case LLP on

On 23 February 2022, the European Commission ("Commission") issued its long-awaited Proposal for a Directive on Corporate Sustainability Due Diligence to tackle human rights and environmental impacts across global value...more

Morrison & Foerster LLP

Bundesregierung einigt sich auf Gesetz zu menschenrechtlichen Sorgfaltspflichten von Unternehmen

Morrison & Foerster LLP on

Das Bundeskabinett hat am 3. März 2021 den Entwurf eines Gesetzes über unternehmerische Sorgfaltspflichten in Lieferketten („Sorgfaltspflichtengesetz“ oder „Lieferkettengesetz“) beschlossen („Regierungsentwurf“). Der...more

Orrick, Herrington & Sutcliffe LLP

The implementation of the Fifth Anti Money Laundering Directive in German Law – Tighten the tight?

Orrick, Herrington & Sutcliffe LLP on

In the course of the “Panama Paper” scandal, Directive (EU) 2015/849 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing – known as 4. Anti-Money Laundering...more

Orrick, Herrington & Sutcliffe LLP

New EU and UK Anti-Money Laundering Rules: The Fifth AML Directive Extends to Cryptocurrencies

Orrick, Herrington & Sutcliffe LLP on

The Fifth Anti-Money Laundering Directive (MLD5) entered into force in July 2018. MLD5 updates the legal framework under the Fourth Anti-Money Laundering Directive (MLD4) and must be implemented by the EU member states by...more

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