Adeel Haque

In brief In a major shakeup to businesses' obligations relating to human rights, environmental standards, and climate change, the Corporate Sustainability Due Diligence Directive is set to become law. In this article, we focus on the nature of the due diligence obligations: what is actually required in terms of diligence, what types of impacts are covered, etc. Contents What are adverse impacts?

As part of the EU’s 12th package of sanctions against Russia, adopted on 19 December 2023 (see our previous blog post here), the EU introduced a requirement under Article 12g of Regulation 822/2014 which requires EU exporters to include wording in certain goods contracts prohibiting the re-export of the goods to Russia and providing for “adequate remedies” in the event of a breach, in order to combat the circumvention of EU export bans and more specifically the situation where goods exported...