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

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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.