Corporate Sustainability Due Diligence Directive
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Search complete. 11 mentions across 9 episodes found for "Corporate Sustainability Due Diligence Directive".
Oct 8, 2026
Diana Furchtgott-RothGUEST
The EU is trying to make laws for the whole world.
Diana Furchtgott-RothGUEST
It has something called the Corporate Sustainability Due Diligence Directive, uh, saying that, uh, companies over a certain size that do business in Europe have to declare their emissions, and then under another EU law, they have to orient their operations towards net zero.
Diana Furchtgott-RothGUEST
Uh, that companies, uh, that emit too much methane have to pay, will have to pay, starting in twenty-thirty, twenty percent of their global revenues.
Diana Furchtgott-RothGUEST
I mean, this discourages energy production.
Jette LardigasGUEST
So I guess I really think that fair trade has, over the last 30 years or so, or actually I would even say in Europe over the last 50 years, we, we really have achieved something really remarkable and that is that the idea that trade should be fair has become a topic that really has shaped our policies.
Jette LardigasGUEST
And at least in Europe, aspects of fair trade principles have been translated into laws and regulations such as EUDR, which is like the deforestation law, CSDD- CSDDD, which is Corporate Sustainability Due Diligence Directive, et cetera, et cetera.
Jette LardigasGUEST
You know, there's public procurement that some governments have embedded fair trade criteria directly into their purchasing rules, and so on and so forth.
Jette LardigasGUEST
So I really do believe that we've helped shape these laws and regulations, and through that we've really improved kind of the, the mainstream, the mainstream business-
Roel van de WeijerGUEST
And if it goes from the market downwards, then I really believe you can tra- change systems.
Roel van de WeijerGUEST
So I would say larger parties that are actually to the consumer end, they can make the difference here in, in changing systems, and then also policy makers, like the CSDDD, uh-
Chris MarquisHOST
Sure
Roel van de WeijerGUEST
... regulations that actually enforce supermarkets to, to be responsible the, for the whole chain really helps a lot, because that makes them realize that they do have to change it.
Natalie GoodmanHOST
And we've seen this, for example, come out in the guidance for the forced labor regulation in the EU.
Natalie GoodmanHOST
The CSDDD, which you just touched on, Chris, has a large focus on stakeholder engagement as part of its due diligence process, and it considers it crucial for conducting supply chain due diligence and adequately addressing environmental and human rights risks.
Natalie GoodmanHOST
The CSDDD's risk-based approach concentrates less on following the value chain tier by tier, and instead on high-risk value chain segments where the most severe adverse impacts to communities and the environment are more likely.
Natalie GoodmanHOST
And I'd also add that despite the UK taking a back seat when it comes to due diligence, the independent Anti-Slavery Commissioner has in fact published a five-point action plan which looks at, among other things, the practical elements of addressing modern slavery.
Natalie GoodmanHOST
Key to this is putting survivors at the center, embedding lived experience in policymaking.
Moira Thompson OliverHOST
And I think the other important point on the EU FLR is that you have to bear in mind it applies to all economic operators.
Moira Thompson OliverHOST
There's no size threshold, unlike what we've seen with, for example, the Corporate Sustainability Due Diligence Directive.
Moira Thompson OliverHOST
So I think when you take these two pieces of legislation together, there's definitely much more of a focus on trade and operational impacts on companies, rather than the measures that we discussed in the last episode, which predominantly so far have been focused on reporting and potentially duties based on a failure to prevent modern slavery.
Moira Thompson OliverHOST
So Jasmine, given these recent changes in recent months, how has this developed?
Jason IsaacGUEST
The acronyms are CSRD.
Jason IsaacGUEST
CS Triple D and CBAM, that's Corporate Sustainability Responsibility Directive, Corporate Sustainability Due Diligence Directive, and the Carbon Border Adjustment Mechanism that will add trillions of dollars of cost.
Jason IsaacGUEST
The first year alone that Americans have to comply with this, a trillion dollars is the cost to American businesses.
Jason IsaacGUEST
It's going to jack up the cost of everything.
Valdis DombrovskisSOUNDBITE_SPEAKER
Well, yes, of course, represented by national governments and European Parliament.
Joe LynamHOST
What about those companies that spent years and a lot of money preparing for certain directives, such as CSRD or CSDDD, a lot of red tape, a lot of requirements, directives.
Joe LynamHOST
They now have a disadvantage for those companies that did nothing because, as you say yourself, the reporting requirements has been diluted.
Valdis DombrovskisSOUNDBITE_SPEAKER
Indeed, that was a bit of a dilemma, and obviously that was something which we also had in discussions when we had with businesses.
Sinéad GibneyGUEST
And von der Leyen is honestly making this the hallmark of this presidency.
Sinéad GibneyGUEST
She started with the Corporate Sustainability Due Diligence Directive and did exactly that.
Sinéad GibneyGUEST
And she's done it now with the EU AI Acts and GDPR as well.
Sinéad GibneyGUEST
So that would be my concern is the corporate capture still exists.
AbiHOST
Human Level is an advisory firm helping businesses to be human rights proactive.
AbiHOST
We have previously spoken to Anna about her role in forming the EU's Corporate Sustainability Due Diligence Directive.
AbiHOST
In this episode, we delve into how AI and automation are changing the textile sector and speak about what is driving this change.
AbiHOST
Anna touches upon the EU's AI Act and the conversations she has had
24 MINS LATER
Anna TriponelGUEST
But at the same time, as we just went into, it's not all rollouts of AI, where some might also have high risk, but aren't categorized as high risk under the Act.
Anna TriponelGUEST
And then when it comes to the obligations, they are helpful, obviously, but I think it's helpful to take a step back and put them into the context of what's happening right now in the world on risk management, which is that we have a framework for risk management of risks to people under the UN guiding principles on business and human rights, which is also being translated into EU law.
Anna TriponelGUEST
the EU CSDD, the Corporate Sustainability Due Diligence Directive, which we also have talked about together.
Anna TriponelGUEST
And so for companies, it's not about meeting all these different laws in silos.