Expert talk

Global Business Perspectives on the EU Directive on Corporate Sustainability Due Diligence

Business Dialogue for Sustainability

In February 2022, the European Commission published its proposal for a Directive on Corporate Sustainability Due Diligence (CSDDD). The directive aims to prescribe large companies and smaller companies in high-risk sectors to carry out human rights and environmental due diligence in their business operations, as well as in their subsidiaries and in global value chains.

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According to Commission estimates this would apply to around 13 000 companies in the EU and to 4 000 companies in third countries. Many politicians, business representatives and civil society groups consider the proposal an important and ambitious step towards the better protection of human rights and the environment in the global economy.

What consequences do businesses in different world regions expect from the EU directive – both positive and negative? What are related challenges for businesses in different countries/regions? What unintended consequences might the directive produce and how do these affect businesses in third countries? How should the directive be designed in order to effectively contribute to better protection of human rights and the environment in global supply chains while circumventing unintended consequences for businesses in the EU and its partners worldwide?

With the Business Dialogue for Sustainability Konrad-Adenauer-Stiftung wants to provide a platform for exchange to discuss the above mentioned questions with business representatives and business associations from different countries worldwide. The dialogue is intended to introduce more diverse voices into the discussions around the proposed EU Directive on Corporate Sustainability Due Diligence.

 

 

Program

Welcome & Opening Remarks

Denis Schrey, Programme Director, Multinational Development Policy Dialogue, Konrad-Adenauer-Stiftung Brussels

Key components of the European Commission's proposal for a Corporate Sustainability Due Diligence

Susanne Knöfel, Deputy Head of Unit Civil and commercial justice Company Law, European Commission

Global Business perspectives

Pedro Oliveira, Director for Legal Affairs, Business Europe 

Seth Twum-Akwaboah, CEO, Association of Ghana Industries (AGI)

 Mouna Aouri, Founder & CEO, Woomentum

Moderated Discussion between all participants

Moderated by 

Veronika Ertl, Advisor Development Policy, Konrad-Adenauer-Stiftung

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Venue

Online
Contact

Carolin Löprich

Carolin Löprich

Programme Manager Democracy and Sustainable Development

carolin.loeprich@kas.de +32 2 66931 71 +32 2 66931 62