Supply chain due diligence and the Corporate Sustainability Due Diligence Directive (CSDDD)
The EU Corporate Sustainability Due Diligence Directive (CSDDD) was adopted in May 2024. It requires large companies to implement due diligence practices for human rights and environmental impacts across their chain of activities.
Though supply chain due diligence is not new, complying with the CSDDD will be a major exercise for many companies.
Our CSDDD readiness process takes companies through the steps of the due diligence process. It gives companies an in-depth understanding of environmental and social risks and impacts in its supply chain, insight into the most significant impacts and risks and feasible mitigation actions and results in a robust due diligence process, fully compliance with CSDDD requirements.
Robust supply chain due diligence brings a wide range of business benefits beyond sustainability compliance:
- Early identification and mitigation of risks related to human rights abuses or environmental damage.
- More resilient supply chains that can better navigate disruptions and adapt to changes.
- Cost savings and efficiency improvements from analysing and improving supply chain processes.
- Enhancing investor confidence by meeting their demands for transparency and responsible practices.
- Reputation protection by demonstrating commitment to ethical practices.
- Enabling the achievement of sustainability targets, such as reducing scope 3 GHG emissions and improving labour conditions.