Read more at: CDP data shows European businesses are already implementing key elements of the Corporate Sustainability Due Diligence Directive
CDP data shows European businesses are already implementing key elements of the Corporate Sustainability Due Diligence Directive
19 January 2023 - The European Commission published its proposal for a Directive on Corporate Sustainability Due Diligence (CSDDD) in February 2022. This critical piece of legislation aims to provide a regulatory framework on corporate sustainability governance. According to CDP’s latest data, more than a third of companies in Europe (37%) report that they have a climate transition plan in place and only 2% of those companies report on all relevant transition plan indicators. CDP defined 8 key elements that constitute a credible climate transition plan . These elements can be identified via disclosure on 24 indicators found in the CDP climate questionnaire.
