Which cocoa trading companies will have to demonstrate due diligence under the proposed EU Corporate Sustainability Due Diligence Directive?
Earlier this year, the European Commission published its Sustainable Corporate Due Diligence legislative proposal. This Directive aims to “foster sustainable and responsible corporate behaviour and to anchor human rights and environmental considerations in companies’ operations and corporate governance”. It will set out requirements that large companies conduct due diligence to ensure that adverse impacts from their operations are addressed and minimised.