The business landscape is shifting towards sustainability, significantly influenced by the European Green Deal, which has introduced extensive regulations in the EU. Companies are facing challenges in adapting to new rules covering various aspects from reporting to the circular economy. The Corporate Sustainability Due Diligence Directive (CSDDD) is set to further drive sustainable practices, requiring large firms to ensure compliance with human rights and environmental standards throughout their entire supply chains, extending even to third-tier suppliers globally.

Source: https://www.scmr.com/article/the-corporate-sustainability-due-diligence-directive