The EU Corporate Sustainability Due Diligence Directive (CSDDD) and Its Potential Impact

Content

The EU Corporate Sustainability Due Diligence Directive (CSDDD) and Its Potential Impact

Date: June 6, 2024 (Thursday) 19:00-21:00 Taiwan Time

Location: Online (Zoom)

Speakers:

  • Sylvia Obregon Quiroz | Policy Officer, European Coalition for Corporate Justice (ECCJ)
  • Gaëlle Dusepulchre | Deputy Director, Business, Human Rights and Environment Desk, International Federation for Human Rights (FIDH)

Moderator:

  • Song-Lih Huang|Director, Policy Center, Covenants Watch

Registration: https://forms.gle/xtyyxZcZWmgDJHKC9

—Organizers—

  • Covenants Watch
  • Amnesty International Taiwan
  • Taiwan Transnational Corporations Watch (TTNC Watch)

Following two years of negotiation, the European Parliament passed the Corporate Sustainability Due Diligence Directive (CSDDD), which was proposed by the European Commission in 2022. This directive integrates soft norms like the UN Guiding Principles on Business and Human Rights (UNGPs) and the OECD Guidelines for Multinational Enterprises into EU law. It further mandates that large companies, both domestic and multinational, carry out mandatory due diligence on human rights and environmental issues, with penalties for non-compliance.

As one of the world’s largest economies, the EU’s move represents a significant step towards eliminating human rights abuses, forced labor, and environmental harm in global supply chains. For Taiwanese companies closely involved in EU trade and supply chains, this development will certainly have significant implications.

We’re pleased to welcome Sylvia Obregon Quiroz from the European Coalition for Corporate Justice (ECCJ) and Gaëlle Dusepulchre from the International Federation for Human Rights (FIDH) to share their insights on the challenges faced in advocating for the CSDDD and its potential impact on Asian and Taiwanese companies post-implementation. If you’re keen to learn more about how this upcoming directive will affect supply chains or simply interested in business and human rights issues in general, we invite you to join our forum on Promotion and impact of the EU’s “Corporate Sustainability Due Diligence Directive (CSDDD)”

 Let’s explore the implications of directive implementation together with key advocates ECCJ and FIDH!