SPP Singapore | An Asian Context to Navigating Supply Chain Due Diligence Regulatory Requirements (EU CSRD / CSDDD) – Hybrid Event

***This is a hybrid event – Please register accordingly***

In person using the EventBrite link to receive information on the location: https://shorturl.at/jUYV3
Online using Teams Webinar link: https://shorturl.at/MC0q8

After the Corporate Sustainability Reporting Directive effective 5 January 2023, the EU legislated the Corporate Sustainability Due Diligence Directive to take effect from 25 July 2024.

It introduces the obligation of companies to conduct human rights and environmental due diligence with respect to their operations as well as of their subsidiaries and business partners in their chain of activities.

CSRD: Corporate Sustainability Reporting Directive (EU Directive effective 5 January 2023)
CSDDD: Corporate Sustainability Due Diligence Directive (EU Directive effective 25 July 2024)

Currently, businesses need to consider complex topics of resource scarcity, trade tensions, and regulatory pressure. These varied considerations are interlinked, and interdependent, and can disrupt even resilient supply chains. The time has come to address the due diligence requirements in value chains, but companies within complex and multi-tiered supplier networks are facing more challenges than ever before. New regulations have amplified the importance of integrated risk management, impact assessment and prioritization, monitoring of operations in order to reduce environmental impacts and avoid any complicity with human rights violations. During the event, experts from TÜV SÜD will introduce the typical requirements in Supply Chain Due Diligence regulations, including the recent Directive on Corporate Sustainability Due Diligence within the European Union, a global milestone impacting business across borders. We will also explore the interconnections with Sustainability Reporting requirements and focus on best practice measures which can support Asian companies towards a more sustainable procurement, brand protection and legal compliance.