Good morning community!
Don't forget, you can still reserve your free place to join Community's online networking this Thursday. March 21, 1- 1:50 pm UK time, zoom. You will meet Elaine Xu, Quilter, and David Russell, TPI, former head of RI from the UK's largest pension fund USS. After that you will network in smaller breakout rooms.
Today I saw this news that I thought might be interesting for many of you. After some delay the European Commission approves CSDDD (the Corporate Sustainablity Due Diligence Directive). CSDDD creates a legal liability for companies relating to environmental and human rights violoations within their supply chain.
Originally, the CSDDD impacted companies with 500 employees and a turnover of Euro150 million. In the final deal approved by European Council on March 15 those numbers have been raised to 1,000 employees and a turnover of Europ 450 million. Read more details here
How does CSDDD impact companies in your portfolios and what investors should be on the lookout for in your view?
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Aya Pariy
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