The European Commission has introduced a proposal for a directive on corporate due diligence in the field of sustainability. First, it has completed an impact assessment.
The proposed directive will require companies to integrate due diligence into their policies and decision-making
identify, prevent, mitigate and minimise actual or potential adverse impacts on human rights and the environment. This includes verification by an independent third party.
Regulatory authorities will have the power to request information and conduct investigations in order to
ensure compliance with the Directive. Member States shall lay down the rules on penalties applicable to infringements of the national provisions adopted pursuant to this Directive and shall take all measures necessary to ensure that they are implemented.
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