Our expert team interviewed before the important transposition of the CS3D Directive.
Following the approval of the Sustainability Duty of Care Directive (known as the CS3D Directive) on 24 April 2024, the Council of the EU followed suit on 24 May. It will enter into force on the 20th day following its publication in the Official Journal of the European Union, the starting point for the two-year transposition period for Member States (EP and Cons. EU, dir. 2024/1760, 13 June 2024, on corporate sustainability due diligence and amending Directive (EU) 2019/1937 and Regulation (EU) 2023/2859 : OJEU n° L 2024/1760, 5 Jul/. 2024. – Study by B. Parance, forthcoming).
The transposition of this directive, which introduces obligations for large companies regarding the negative impact of their activities on human rights and environmental protection, marks a concrete and important step towards a living environment more in line with sustainability objectives.
The new Sustainability Due Diligence Directive imposes new obligations on European and non-European companies exceeding certain thresholds. In particular, they must prevent, end and mitigate their negative impact on human rights and the environment throughout their value chain (both upstream, in terms of sourcing, and downstream, in terms of distribution). This is why it is important for the companies and groups concerned to organise their compliance.
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Interview by Marie-France Bonneau, editor-in-chief of JCP E