13 take-aways for the EU’s Due Diligence Directive

Here’s a note from Michael Littenberg:

It’s official. The EU’s Corporate Sustainability Due Diligence Directive has been signed and published and the countdown to compliance now begins. This landmark legislation will require larger companies organized or doing business in the EU to assess and address actual and potential adverse human rights and environmental impacts in both the upstream and downstream. Companies also will have to put in place a Paris Agreement-aligned climate transition plan. Compliance will begin in 2027.

In this post, we discuss the Directive’s requirements and provide thirteen compliance take-aways for U.S.-based multinationals doing business in Europe.