The CSDD proposal introduces mandatory environmental and human rights due diligence for large financial and non-financial companies (both EU and non-EU), as well requirements on transition plans, executive remuneration and director’s duties. Negotiations in Parliament and Council imply that there is a risk that the final directive will be neither ambitious nor effective for responsible investors. Therefore, PRI, Eurosif, and the Investor Alliance for Human Rights are requesting signatures to this joint statement, which contains the key recommendations from PRI’s position paper published earlier this year.

The deadline to sign is 22nd November.