Corporate Sustainability Due Diligence Directive (CSDD)
The Corporate Sustainability Due Diligence Directive (CSDD) is a European Union (EU) directive that was adopted in April 2021. It requires companies to take steps to identify, prevent and mitigate environmental and social risks associated with their activities, products and services. The directive applies to companies operating in the EU as well as those outside of the EU which supply goods or services into the EU market.
SOCIAL ASPECT LAWS
Raj K.
4/6/20232 min read
The Corporate Sustainability Due Diligence Directive (CSDD) is a European Union (EU) directive that was adopted in April 2021. It requires companies to take steps to identify, prevent and mitigate environmental and social risks associated with their activities, products and services. The directive applies to companies operating in the EU as well as those outside of the EU which supply goods or services into the EU market.
The CSDD aims to ensure that companies are taking action to reduce their environmental impact and protect human rights throughout their operations. It also encourages companies to develop strategies for achieving sustainability goals, such as reducing emissions, improving resource efficiency, promoting diversity, and protecting human rights. Companies must also report on their progress towards these goals annually. In order to be certified by the CSDD, companies must submit annual reports detailing their progress towards achieving sustainability goals. The CSDD can only certify sustainable firms that have gone through a rigorous evaluation process and demonstrated sufficient performance in key areas.
Specifically, companies must demonstrate the following: It is important to note that while certification is voluntary, there are many benefits to being certified by the CSDD. For example, it is associated with reduced costs and improved reputation. Companies which apply for certification undergo a rigorous process of evaluations as well as questionnaires from different stakeholders in order to be determined competent for certification. .The CSDD is an independent, not-for-profit organization with a mission to advance the development of supply chain design and engineering. It was founded in 1979, and is headquartered in Boston, Massachusetts.
The CSDD has three certification programs:
The Center for Supply Chain Design and Engineering (CSDD) offers certification for those who are interested in the field of supply chain design and engineering. The CSDD's certification programs include the following certifications:
The CSDD can help you understand what it's like to be a supply chain engineer, and how to gain entry into the field. The Certificate in Supply Chain Management (CSM) is a program that equips individuals with the knowledge of supply chain management practices and skill sets needed for business success. It is designed for juniors-level professionals who have an interest in supply chain management, such as accountants, analysts, consultants and managers. The CSM certification is appropriate for individuals seeking careers as directors of logistics or purchasing departments at companies ranging from small manufacturing firms up to Fortune 500 organizations.
The CSM is a 120-credit program that covers the four foundational aspects of supply chain management: demand, operations, finance and strategy. It also covers strategic sourcing, supply chain performance improvement and marketing. All students must complete 30 credits in logistics and/or purchasing process design, as well as 10 credits in selected marketing topics. The remaining coursework can be completed through study abroad or by using self-study materials. The School of Management at Washington State University has many opportunities for undergraduate and graduate students to be involved in the logistics and supply chain industry.
Traditionally, logistics management has been seen as a support function and is often covered through undergraduate business courses. However, recent changes in the supply chain have blurred this traditional divide. In addition to being an integral component of all aspects of business, logistics professionals are now being recruited into management roles. This trend is driven largely by the growing sophistication and complexity of supply chains in today's global economy. To address this demand for students pursuing careers in supply chain management and logistics management, the School of Management at Washington State University offers a major with a concentration in Supply Chain Management (SCM). The SCM major is rooted in the School of Management's Business Administration program, which offers a variety of undergraduate majors and minors.
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