Webinar Compliance 360
LkSG vs. CSDDD: Regulatory Difference and best practice approach for implementation
Tuesday, June 18, 2024
Join us to explore the expanded scope of the CSDDD regulation. This affects private companies with over 1,000 employees globally, not just in Germany. Even companies without EU headquarters are included if their EU revenue meets the threshold.
Learn about the need for deeper supply chain visibility. Unlike LkSG, CSDDD requires due diligence for Tier 2 suppliers if they benefit your company. The focus is on risk-based assessments, prioritizing reviews based on identified risks.
Understand the new due diligence requirements for climate change. CSDDD adds rules to fight climate change, including strategies to support the 1.5°C target.
The human rights scope is broader, covering violations like torture, inadequate wages, and environmental risks. CSDDD enforces stricter rules with civil liabilities, leading to potential legal challenges and financial penalties for non-compliance.
The implementation timeline starts between 2027 and 2029 for large corporations. Companies need to adjust their compliance processes to meet these new regulations. Our dynamic solutions can help integrate these updates into your risk management processes seamlessly.
Don’t miss this chance to stay ahead of regulatory changes. Register now!