In a previous article, we shared good news with you about the European version of the Lieferkettengesetz, the European Corporate Sustainability Due Diligence Directive (CSDDD). On Dec. 14, the CSDDD jumped through the first hoop in Europe after the European Parliament and the European Council reached an agreement on the CSDDD. On Jan. 30, a final text was published that had until Feb. 28 to be approved. But this has been postponed. Mainly because Germany indicated it was abstaining and allegedly also because France had some objections.
This has created an impasse. The text of the CSDDD was actually scheduled to be sent to the European Parliament afterwards for consideration in April. So that will not happen now: the CSDDD text has to be renegotiated and rewritten. The danger is, that because of the European Parliament elections in June 2024, there will then be further delays.
From procrastination, hopefully for the CSDDD, comes no cancellation
We at LAW/FIRM find this extremely unfortunate, because sustainability and reducing our ecological footprint cannot go fast enough for us. It is good news for business, though, that they will have more time to prepare for legislation that, we believe, will eventually come.
Meanwhile, the German Lieferkettengesetz does come into effect and the first companies have to start reporting in August. Do you or do your (German) customers have to deal with this? Then read this article quickly to find out how we can help you become compliant in a simple, quick and least time-consuming way.
Contact
Would you like more information about this? Or could you use help or advice? Then contact Esther Tromp, (E: esthertromp@law-firm.international, T: +31655741267)