In the graphic below, the key components of the CSRD (Corporate Sustainability Reporting Directive) and CSDDD (Corporate Sustainability Due Diligence Directive) are outlined. While they are interconnected, it’s crucial to understand that the CSDDD applies specifically to companies within the scope of the CSRD, and they are not interchangeable.
The CSDDD is currently under review but will have a significant impact on approximately 34% of companies covered by the CSRD. It is expected to be enforced around 2025 or 2026, within the initial two years of the CSRD’s implementation.
The CSDDD primarily focuses on the value chain, particularly in high-impact sectors, to ensure that companies have effective sustainability reporting practices and meaningful sustainability initiatives.
For further insights into the CSDDD, you can refer to the information published by the EU Commission here: EU Commission
Stay tuned for more updates on the CSDDD as additional information is anticipated in the coming months!
#CSRD #CSDDD #SustainabilityReporting #EURegulation
