CSDDD – ESPR
Directive (EU) 2024/1760 on Corporate Sustainability Due Diligence («CSDDD»)
- It requires companies to demonstrate sustainability throughout their supply chain.
- It establishes obligations with reference to the negative impacts on environmental human rights which companies must comply with in the context of their own activities, the activities of their subsidiaries and their partners in the supply chains and networks.
- This involves the integration of audits, traceability and ESG certifications into the company’s supply chain.
Regulation (EU) 2020/852 on the establishment of a framework to facilitate sustainable investment («Taxonomy Regulation»)
- The Regulation establishes the criteria for determining whether an economic activity qualifies as environmentally sustainable for the purposes of establishing the degree to which an investment is environmentally sustainable.
- SIt establishes the burden o demonstrating the sustainability of investments and disclosure obligations regarding the eco-sustainability of non-financial economic activities.
- Starting from 1 January 2024, reporting obligations for the manufacturing sector.
Regolamento (UE) 2024/1781 in materia di Ecodesign per Prodotti Sostenibili («ESPR»)
- It establishes new criteria for the durability, reliability, repairability, recyclability of products as well as information requirements on their sustainability.
- Companies will therefore have to redesign their products in a manner compliant with the new eco-design criteria.
- From 19 July 2026 (2030 for medium-sized companies) the destruction of certain unsold products, including clothing items and accessories, will be prohibited.
