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Sustainable Business Practices European Council European Union

Latham & Watkins LLP

EU Member States Reach Agreement on Corporate Due Diligence Directive

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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

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European Council Adopts Negotiating Position on Corporate Sustainability Due Diligence Directive

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The Council’s position includes a number of differences from the European Commission’s original proposal, including in relation to the requirement to diligence the broader value chain. On 30 November 2022, the European...more

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European Parliament and Council Reach Political Agreement on CSRD

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The Corporate Sustainability Reporting Directive expands the existing sustainability reporting requirements and brings more companies under its scope. On 21 June 2022, the European Parliament and European Council reached...more

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