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European Parliament 20192024CommissionJURICommittee on Legal Affairs/CommissionRefProc2022/0051/RefProcRefTypeProc(COD)/RefTypeProc Date07/12/20227.12.2022/Date TypeAMAMENDMENTS/TypeAM RangeAM438
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How to fill out corporate sustainability due diligence

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How to fill out corporate sustainability due diligence

01
To fill out corporate sustainability due diligence, follow these steps:
02
Start by understanding the purpose and objectives of the due diligence process.
03
Gather relevant information about the company's sustainability practices, policies, and initiatives.
04
Identify key stakeholders and their expectations regarding sustainability.
05
Conduct a thorough assessment of the company's environmental, social, and governance (ESG) performance.
06
Analyze the potential risks and opportunities associated with the company's sustainability practices.
07
Develop an action plan to address any identified gaps or areas for improvement.
08
Implement the necessary changes and monitor the progress over time.
09
Regularly update and report on the company's sustainability performance and progress.
10
Finally, engage with stakeholders and communicate the company's commitment to sustainability.
11
By following these steps, you can effectively fill out corporate sustainability due diligence.

Who needs corporate sustainability due diligence?

01
Corporate sustainability due diligence is necessary for various stakeholders:
02
- Companies and organizations looking to assess and improve their own sustainability performance.
03
- Investors and financial institutions who want to evaluate the sustainability risks and opportunities of potential investments.
04
- Customers and consumers who prioritize sustainable products and services.
05
- Regulatory bodies and government agencies responsible for enforcing sustainability regulations.
06
- Non-governmental organizations (NGOs) and advocacy groups advocating for sustainable business practices.
07
By conducting corporate sustainability due diligence, these stakeholders can ensure accountability, transparency, and continuous improvement in sustainability efforts.

What is Corporate Sustainability Due Diligence and amending Directive (EU) 2019/1937 Form?

The Corporate Sustainability Due Diligence and amending Directive (EU) 2019/1937 is a writable document that should be submitted to the required address to provide some information. It must be filled-out and signed, which is possible in hard copy, or by using a particular solution e. g. PDFfiller. It helps to fill out any PDF or Word document directly in your browser, customize it depending on your requirements and put a legally-binding electronic signature. Right away after completion, user can easily send the Corporate Sustainability Due Diligence and amending Directive (EU) 2019/1937 to the relevant person, or multiple individuals via email or fax. The blank is printable too because of PDFfiller feature and options proposed for printing out adjustment. Both in digital and in hard copy, your form will have got neat and professional look. You can also turn it into a template to use later, there's no need to create a new document from the beginning. You need just to edit the ready sample.

Instructions for the form Corporate Sustainability Due Diligence and amending Directive (EU) 2019/1937

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Corporate sustainability due diligence refers to the process by which companies assess and manage their environmental, social, and governance (ESG) risks and impacts in order to ensure compliance with sustainability standards and to promote responsible business practices.
Generally, large corporations and companies operating in specific sectors with significant environmental or social impacts are required to file corporate sustainability due diligence. This often includes publicly traded companies and those with annual revenue above a certain threshold.
To fill out corporate sustainability due diligence, companies should gather necessary data regarding their operations, supply chain, and impact on the environment and society. This includes conducting assessments, engaging stakeholders, and compiling information into a structured report that adheres to regulatory requirements.
The purpose of corporate sustainability due diligence is to identify, assess, and mitigate potential risks related to environmental sustainability and social responsibility, thereby improving corporate transparency, accountability, and reputation while ensuring compliance with legal obligations.
Companies must report information related to their environmental impacts, social practices, governance structures, risk management processes, supply chain practices, and stakeholder engagement activities as part of their corporate sustainability due diligence.
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