Proposed directive on corporate sustainability due diligence

The European Commission recently published its long-awaited proposal for a directive on corporate sustainability due diligence (the Proposed Directive) to address the human rights and environmental impacts of global value chains. 

For Irish companies in-scope, particularly those with multi-jurisdictional operations or business relationships, the Proposed Directive will have significant implications including the introduction of certain due diligence obligations, climate change obligations and directors' duties. Given the novelty, breadth and significance of what is proposed, in-scope companies will need to begin a review or audit of their value chains before these regulations come into force in order to ensure they are prepared. 

In our latest publication we outline some of the key provisions of the Proposed Directive and share our thoughts on the implications for Irish companies together with some practical recommendations. 

For further information in relation to this topic, please contact Eugenée Mulhern, Partner, Michelle McLoughlin, Knowledge Lawyer, Anne O'Neill, Knowledge Lawyer or any member of ALG's Corporate and M&A and ESG and Sustainability teams.

Date published: 27 June 2022