Yesterday's approval of the Corporate Sustainability Due Diligence Directive (CSDDD) by the EU Parliament marks a significant milestone in our journey toward more ethical and sustainable business practices. Yet, as we celebrate this progressive step, we must also confront a critical shortfall in the legislation—the thresholds defining which companies are in scope are simply too high. Under the new rules, only companies with more than 1,000 employees and a global turnover exceeding €450 million are required to comply. This leaves a vast number of mid-sized companies, like ours, outside the direct purview of the directive. Why is this a concern? Because sustainable practices shouldn't be a badge of honor worn only by the largest conglomerates. Mid-sized enterprises constitute a substantial portion of the market and often have significant environmental and social impacts. By setting the bar so high, the EU has inadvertently allowed countless companies to sidestep the kind of rigorous scrutiny that could lead to meaningful changes across industries. If the goal of CSDDD is genuinely to forge a sustainable future, then including mid-sized companies in its scope isn't just advisable—it's essential. These businesses are agile enough to implement rapid changes and significant enough to make a difference. It's time we recognize that true sustainability comes from universal accountability, not just the oversight of the few. At Haglöfs we will keep advocating for a lower threshold, bringing more companies into the fold, and making the directive as effective and transformative as it promises to be. #CSDDD https://lnkd.in/d47rADSg
Maria Ekner
5mo
Well said!!
Love this comprehensive analysis. To amplify your advocacy efforts, try leveraging dynamic storytelling through Instagram Reels, highlighting the tangible impacts of sustainable practices on both communities and the environment, a method we've seen drive engagement and spark meaningful conversations.