The European Supply Chain Directive (CSDD)

Despite the current challenges for companies in Germany to meet the requirements of the German Supply Chain Act (LkSG), the European Union is working on a similar law at European level. On December 14, 2023, the European Parliament, the Commission and the Council of the European Union announced a trilogue agreement on the Corporate Sustainability Due Diligence Directive (CSDDD), thus paving the way for the further legislative process.

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As of December 14, 2023, the European Supply Chain Directive affects companies with more than 500 employees and more than 150 million euros in turnover as well as companies with more than 250 employees that generate at least 40 million euros in turnover in a risk sector (textiles, food & minerals). This would increase the number of companies affected by the Supply Chain Act in Germany from 3,000 to around 15,000. This represents a significant challenge for SMEs in particular.

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If you would like detailed information on the European Supply Chain Directive, including a comparative analysis with the German Supply Chain Act and a solution to help you implement the law at national and European level, download our Whitepaper The European Supply Chain Directive (CSDD) now.

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