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The ESG Digest: Insights into the European Corporate Sustainability Due Diligence Directive - Key Challenges for Companies
07/08/2024
The ESG Digest: Insights into the European Corporate Sustainability Due Diligence Directive - Key Challenges for Companies
Gibson Dunn partner Markus Rieder (Munich) and Juergen Gleichauf, chief compliance officer and chief human rights officer at Mercedes-Benz, discuss the challenges for companies in meeting the mandatory human rights and environmental obligations established by the Corporate Sustainability Due Diligence Directive (CSDDD). These include transitioning from national laws to the newly established European directive, and managing risks and setting up remediation measures in a complex supply chain. Juergen also shares examples of how companies can effectively implement a human rights-led corporate strategy.
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