Sustainability & Environmental, Social and Governance (ESG) Advisory Practice
Sustainability & Environmental, Social and Governance (ESG) Advisory Practice
Business leaders face greater pressure to increase their organizations’ resilience while simultaneously addressing social issues of importance to stakeholders. Our advisory practice helps companies navigate the legal, business and political ramifications of developing and implementing ESG initiatives. We advise on matters such as stakeholder engagement, corporate governance, crisis management, corporate social responsibility, sustainability, diversity and inclusion, ethics and compliance.
EU’s New Corporate Sustainability Due Diligence Directive Sets Up Impending Legal Clash, David Lakhdhir and Annise Maguire Write in Westlaw Today
April 5, 2024
Corporate partner David Lakhdhir and Sustainability & ESG counsel Annise Maguire discuss the European Union's recently approved Corporate Sustainability Due Diligence Directive (CSDDD) in “EU due diligence directive: An impending legal culture clash,” an article published on April 5 in Westlaw Today. The directive, the authors note, will obligate large companies to comply with broad new environmental and human rights requirements. These include, among other requirements, mandating that companies adopt and put into effect a transition plan for climate change mitigation, putting additional pressure on multinational enterprises to align their behavior with human rights conventions, and granting national supervisory authorities new powers to enforce the directive.
“The potential impact of the CSDDD cannot be overstated,” they write. “The EU's recent action is only the beginning of a fundamental legal culture clash.”
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