Compliance with CSRD, CS3D, national laws an EU balancing act

ESG regulations

Companies could be in danger of failing to comply with a raft of social responsibility-minded legislation at the European Union and national level because they might mistakenly think duties on corporates overlap when they do not.

Germany’s Supply Chain Act and France’s Vigilance Law have put fresh obligations on companies to monitor their supply chains for human rights abuses and environmental damages and risks. Meanwhile, the European Union has made environmental, social, and governance (ESG) monitoring and disclosure central to some of its impending legislation.

Businesses that believe compliance with one set of rules meets the threshold of complying with another—or that national laws may trump EU rules—will need to think again.

lock iconTHIS IS MEMBERS-ONLY CONTENT. To continue reading, choose one of the options below.