CS3D Explainer Series: What Does it Mean for Businesses?

As part of the European Union's Green Deal, one of the areas of EU law that has developed most rapidly and profoundly is that relating to corporate sustainability governance. Most recently, the Corporate Sustainability Due Diligence Directive (CS3D) was provisionally agreed at a political level in December 2023, confirmed (in a revised version) by COREPER in March 2024, and has been approved by the European Parliament in April 2024. While the final text of the CS3D must still be formally adopted by the Council of Ministers before it enters into force, there is every expectation that this will be just a formality.

Given the critical importance of this new law and the business impact it is bound to have for many multinational companies active in the EU, we've developed the CS3D Explainer Series to explain the most important aspects of CS3D compliance and provide practical insights to support businesses as they adapt to this new challenge.