After a long run-up, the Corporate Sustainability Due Diligence Directive (CSDDD) was finally adopted on 24 May 2024 and entered into force on 25 July 2024. The directive contains due diligence obligations for companies in the field of human rights and the environment as well as the obligation to draw up a climate transition plan. The Netherlands has two years to implement the CSDDD.
Although the CSDDD has largely been watered down compared to the first draft, the directive still has a major impact on companies and is an important step in the necessary transition that companies have to make. As a result, the CSDDD also affects several research areas of the Radboud Business Law Institute (OO&R), such as business law, contract law, financial law and liability law. This prompted a research project from the OO&R in which the CSDDD is highlighted from each research area.
The book aims to provide a thorough analysis of the CSDDD obligations and their consequences for Dutch corporate private law. What are the legal and practical consequences of the CSDDD for companies? How should the obligations from the CSDDD be implemented. What are those due diligence obligations? What should a climate transition plan look like? Are there new liability risks for companies? And what does the CSDDD mean for the role of directors and supervisory directors?
The research findings will be included as a book in the Business and Law Series published by Wolters Kluwer.