The European supply chain law is coming after all – What can we make of the compromise?
Aboushady, Nora / Tilman Altenburg / Inga Carry / Jann Lay / Melanie Müller / Mark Schrolle / Frauke Steglich / Lea Strack / Tevin Tafese / Rainer ThieleExternal Publications (2024)
published on sustainablesupplychains.org, 28.06.2024
In December 2023, the EU Member States and the European Parliament agreed on a directive on corporate accountability along global supply chains – the Corporate Sustainability Due Diligence Directive (CS3D) (henceforth: CS3D trilogue agreement). Adoption by the EU Council on 9 February 2024 was considered a formality. However, Germany's veto threatened to derail the directive in the final phase and led to re-negotiations resulting in a new version published on 15 March 2024 and formally approved by the EU Council on 24 May 2024 (henceforth: CS3D compromise).
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