We’re thrilled to share with you our August sustainability insights.
Major due diligence legislation was recently adopted by the EU, requiring companies to start their compliance efforts immediately. Therefore, we are excited to introduce a new CSDDD maturity tool that helps companies unpack and operationalise the new requirements. You can also find an interview with our partner Sven Beyersdorff, on why rethinking your business models is crucial to become a sustainable business. And finally, for those who are not yet knee-deep in ESG reporting, we've compiled a guide to when and how you can get started with the CSRD.
Due diligence legislation overview
The EU legislative landscape is being transformed by a series of new regulations, all zeroing in on specific facets of due diligence. These new laws are not just adding layers of compliance, but are fundamentally changing how companies must operate within the EU, making rigorous supply chain scrutiny and ethical governance non-negotiable.
Mandatory sustainability due diligence for corporates starting from 2027
The Corporate Sustainability Due Diligence (CSDDD) marks a shift from voluntary CSR to mandatory due diligence, requiring concrete actions to mitigate harm and align with the Paris Agreement. Non-compliance with the directive could result in fines of up to 5% of global turnover.
The CSDDD will mandate companies to adopt the following human & environmental rights due diligence processes:
◽Discover how to prepare effectively for the provisions of the CSDDD→
The new CSDDD Maturity Screening tool developed by Nordic Sustainability and Impact CSRis designed to help companies assess their preparedness and identify necessary next steps.
The CSDDD Maturity Tool:
- Translates the directive’s legal provisions into operational questions
- Assesses potential gaps and risks within the company with results summarised in user-friendly dashboards
- Supports the development of an action plan to ensure timely compliance with CSDDD and international standards
◽ Read more about our tool here→
Looking for 2 pilot projects
We are currently seeking two companies interested in piloting our CSDDD maturity tool to gain an early advantage in CSDDD compliance.
This opportunity is available at a reduced rate and will be allocated on a first-come, first-served basis.
