CSDDD enters into force following publication in the O.J

On 25 July 2024, the Directive on corporate sustainability due diligence (Directive 2024/1760) entered into force. Member States have until July 2026 to adopt the transposing legislation necessary to give effect to the new rules in the Member States.

According to the Commission, following the negotiations, the new rules will apply to +/- 6,000 companies - >1000 employees and >EUR 450 million turnover (net) worldwide.