CSDDD news and archive

EU’s sustainability reporting shake-up: What’s changing and what it means for fashion

The European Commission is moving forward with amendments to the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD) through its “Simplification Omnibus Package.” A leaked draft has sparked heated debate, revealing major shifts in reporting thresholds, compliance timelines, and due...

FeaturedMember

Business

Is the EU simplifying or weakening corporate sustainability standards?

The European Union has introduced a raft of sustainability regulations to ensure that companies meet certain due diligence and reporting standards. But recent political moves have raised concerns that these laws, still in their infancy, could be weakened before they are even properly implemented. This raises an important question: could the EU...

FeaturedMember

Business

Navigating the EU's new mandate: Comprehensive insights for the fashion industry

The European Union’s upcoming legislative changes, following the 2024 elections, are expected to have a major impact on the fashion industry. This topic was recently explored in depth at a Global Fashion Agenda session, where a distinguished panel, including members of the European Parliament, experts in sustainability policies, and European...

FeaturedMember

Business

Fashion professionals puzzle at the Global Fashion Summit: How do we unlock the next level of sustainability?

What was Global Fashion Agenda's (GFA) intention with the theme of the 15th Global Fashion Summit (GFS), ‘Unlocking the Next Level’? The promise was a balanced, evidence-based overview of successful and less successful experiments for a more sustainable fashion sector to learn from for the crucial years ahead. But as often happens with ‘...

FeaturedMember

Business

Fashion Revolution on achievements in the last ten years and future needs

In the last ten years, the fashion industry has come a long way - the simple question, “Who made my clothes?” could not be answered after the collapse of the Rana Plaza building on 24th April 2013. Rescuers had to dig through the rubble looking for clothing labels to figure out which brands were producing clothes there. Even then, brands and...

Background

What is the upcoming Corporate Sustainability Due Diligence Directive (CSDDD) legislation? What does it mean for the fashion industry, and what can you do to prepare?

Good news from Brussel. ‘A victory for people and the environment.’ Lara Wolters on X, tweet from March 15, 2024: “Due Diligence passed in Council! People and planet prevailed over cynicism. Thanks so much to the Belgian Presidency for all its efforts!” On Friday, March 15, the EU voted in favor of the Corporate Sustainability Due Diligence...

Member

Business

European Parliament reaches due diligence law agreement

The European Parliament has reached an agreement on the 'Corporate Sustainability Due Diligence Directive' coming more than two weeks after the agreement first failed when several member states rebelled. As such, the directive took on a watered down form due to pressure from Germany, Italy and France. EU member states have agreed that only...

Featured

Fashion |Opinion

France's 5 euro fast fashion tax - A game changer for sustainable fashion?

In a pioneering move to counteract the detrimental effects of fast fashion, France has introduced a proposed levy of 5 euro on each fast fashion item sold. Spearheaded by French MP Antoine Vermorel Marques and backed by the Horizons Group, this tax proposal is a decisive statement against the environmental and social havoc wreaked by fast...

Member

Business

Germany stalls EU supply chain law to protect human rights

A new European supply chain law that would hold companies accountable for any abuses against workers in the global supply chain, has been placed on hold as a German government coalition partner has not greenlit Germany’s support. The law would protect those most vulnerable from child and forced labour, unsafe and exploitative working conditions...