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ESG/SustainabilityValue Chain Sustainability Laws

The European Union Corporate Sustainability Due Diligence Directive (CSDDD) Approaches the Legislative Goal Line – or Does It?

CSDDD, the world’s most consequential piece of sustainability legislation, appears to be proceeding to enactment. This is happening even though the legislative process seemed to have stalled out in February, after being subjected to contentious lobbying. If enacted, it will be the pre-eminent example what I call Value Chain Sustainability, in that it will impose several ESG obligations, notably (i)…
Allen Campbell
March 28, 2024
ESG/SustainabilityValue Chain Sustainability Laws

Mandatory Reporting of Opportunities under the European Union Corporate Sustainability Reporting Directive (CSRD)

This is another blog post in our series on Value Chain Sustainability. In a Nutshell: The new Corporate Sustainability Reporting Directive (CSRD) of the European Union will mandate in-scope companies to disclose “opportunities related to sustainability matters”. This is questionable public policy for many reasons and should be reconsidered. 
Allen Campbell
August 23, 2023
ESG/SustainabilityValue Chain Sustainability Laws

Game Changer: The European Union Corporate Sustainability Reporting Directive (CSRD)

Game Changer: The European Union Corporate Sustainability Reporting Directive (CSRD) This is another blog post in our series on Value Chain Sustainability. In a Nutshell: The Corporate Sustainability Reporting Directive (CSRD) will require nearly 50,000 EU companies -- and about 11,000 non-EU companies -- to report on ESG matters. Beginning in 2024, companies will have to report, if material, on…
Allen Campbell
March 30, 2023
ESG/SustainabilityInformationValue Chain Sustainability Laws

Groundbreaking lawsuit against BNP Paribas

French banking giant sued for financing fossil fuel companies This is another post in our series of blog posts on Value Chain Sustainability laws. Several non-governmental organizations (NGOs) filed a summons against BNP Paribas on February 23, 2023. At issue is whether the bank’s climate risk plan is inadequate, in violation of the French Duty of Vigilance law. The plaintiffs…
Allen Campbell
March 10, 2023
ESG/SustainabilityValue Chain Sustainability Laws

German Supply Chain Due Diligence Takes Effect January 1, 2023

This is another blog in our series of blog posts on Value Chain Sustainability laws. Germany’s landmark Act on Corporate Due Diligence Obligations in Supply Chains (“Gesetz über die unternehmerischen Sorgfaltspflichten zur Vermeidung von Menschenrechtsverletzungen in Lieferketten”) goes into effect January 1, 2023. It will apply to all companies whose head office, main branch or statutory seat is in Germany, if…
Allen Campbell
December 28, 2022
Negotiations
ESG/SustainabilityValue Chain Sustainability Laws

European Council Adopts Negotiating Position on Corporate Sustainability Due Diligence Directive

We have been closely following the legislative progress of the EU draft Directive on Corporate Sustainability Due Diligence (“CSDD”). Please see our previous posts on the subject of Value Chain Sustainability. The legislation took a big step forward on November 30, 2022, when the Council of the European Union (the “Council”) adopted a  “negotiating position” on the European Commission’s CSDD…
Allen Campbell
December 21, 2022