“Over the past year or so, a series of regulations and proposed rules have been handed down by the European Union affecting companies based or operating on that continent, including thousands of U.S. firms. It’s a dizzying and confusing array of initiatives, not to mention the acronyms that go with each.
Just last week, the European Parliament endorsed a Corporate Sustainability Due Diligence Directive, or CSDDD, the latest unwieldy moniker among a portfolio of initiatives that govern corporate reporting and marketing claims.
Here’s a cheat sheet of what’s new.”
[COMMENTARY] Investors everywhere will need to become aware of these new EU regulations as a helpful guide to evaluating companies globally on ESG/CSR issues.
A cheat sheet of EU sustainability regulations, by Joel Makower, June 12, 2023, GreenBiz, USA.