After multiple delays, the European Directive on Corporate Sustainability Due Diligence – comprising mandatory human rights and environmental due diligence (mHREDD) – was published on February 23, 2022. The draft legislation proposes extensive new due diligence requirements for over 13,000 European and 4,000 non-European companies providing products or services in the EU. The proposed obligations cover established business relationships across all tiers of the value chain and provide for non-compliance to be sanctioned with fines at the member state level.
In this webinar, highlighted the particular importance of purchasing departments for the sustainability performance of companies as well as dived into potential business cases and new EU directive. Panelists also discussed the importance of supply chain management for achieving sustainability commitments, the integration of social and environmental risk assessment and management, and practical tools and approaches to supplier engagement.
Supply chains are also key to the fight against climate change. Why? Because they generate around 60% of all carbon emissions globally. Fixing supply chain sustainability is therefore an essential step for companies in getting to net-zero.
By filling out a short form, you can access the recording of Mazars' virtual event to hear expert insights on how to boost and manage a sustainable supply chain and prepare for the upcoming EU directive.
With societal expectations increasingly permeating corporate governance, companies need to evolve their business models to embrace lasting value creation that benefits not only the shareholders, but also internal and external stakeholders as well as wider society.
In April 2021, the European Commission adopted the draft Corporate Sustainability Reporting Directive, or CSRD, which significantly strengthens the current sustainability reporting requirements of the Non-Financial Reporting Directive (NFRD) and expands the scope of companies concerned.
The Taxonomy regulation was adopted in June 2020 by the European Union and is a key element of the European plan to finance sustainable growth. Download Mazars Taxonomy brochure and learn more about the objectives of the new legislation.
The new EU's CSRD (Corporate Sustainability Reporting Directive), effective as of January 2023, will affect almost 50,000 companies in the EU. How to prepare for it? By filling out the short form below you can access the webinar replay focused on non-financial sustainability reporting in the CEE region. The recording is in English.
Watch our CEE webinar's replay by filling out a short form and learn practical advice on implementing ESG strategy into your business.
The pressure on European companies is accelerating to integrate the ESG dimension into their strategy and business models. At the same time, banks are also more and more required to deliver green, sustainable and taxonomy-aligned loans.
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