Summary
Three months after the European Union’s landmark sustainability legislation, the Corporate Sustainability Due Diligence Directive (CSDDD), became effective, our report provides a roadmap for regulators and companies for navigating the new era of corporate human rights responsibility. Central to our prescription is the idea that governments need to develop and enforce substantive performance standards and metrics by which corporate compliance can be assessed and companies held accountable.
The report assesses the rise and key tenets of business and human rights regulation and recommends to governments and companies how to maximize the effectiveness of these legislative initiatives. As much of the regulatory activity to date has occurred in Europe, this report also argues for enhanced US government engagement.