🚨Corporate update 🚨
 
💡Just now, MEP’s in the European Parliament approved the Corporate Sustainability Due Diligence Directive, establishing a corporate sustainability due diligence duty and liability scheme for companies under its scope.
 
The Directive will now be finally endorsed by the Council (currently expected on 15 and 23 May), signed and published in the EU Official Journal. It will enter into force twenty days after publication, Member states will have two years to transpose the new rules into their national laws.
 
You can follow the press conference by rapporteur Lara Wolters at 15:00 via this link: https://lnkd.in/ebn74iGN
 
👀 Keep an eye on our page for future updates in this regard.
 
Questions? Contact our corporate partner Bart Bellen or counsels Ine Schockaert and Kristof De Wael.
 
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