29.01.2025 Sarah Grumberg

Exploring the Opportunities & Challenges of CSDDD: A Multi-Stakeholder Perspective

IOGP Europe hosted a multi-stakeholder workshop on the Corporate Sustainability Due Diligence Directive (CSDDD) on 29 January 2025, from 14:00 to 18:15 CET, titled ‘‘Exploring the Opportunities and Challenges of CSDDD,’’ followed by a cocktail reception.

During the event, we engaged in discussions about the implications, challenges, and opportunities of the CSDDD with a diverse group of EU and global leaders, including policymakers, business leaders, and representatives from civil society.

Over 330 registered participants, with more than 130 joining online and 65 industry experts, policymakers, and corporate leaders attending in person. 

Key Challenges Identified: 

Regulatory Complexity & Uncertainty 

  • Fragmentation of regulations (CSDDD, CSRD, Taxonomy, national due diligence laws) creates overlapping and unclear compliance requirements. 
  • Article 22 on transition plans raises concerns about legal uncertainty and litigation risks for companies. 
  • Member States' over-transposition may lead to inconsistent implementation across the EU. 

Competitiveness & Business Burden 

  • The cost of compliance poses significant challenges for SMEs and global supply chains.
  • Extraterritorial reach risks putting European companies at a competitive disadvantage in global markets. 
  • Investor concerns: Uncertainty in regulatory expectations may deter investment in the EU. 

Supply Chain & Data Challenges 

  • Complex supply chains make due diligence difficult, particularly in sectors like luxury goods, textiles, and renewables.
  • Lack of interoperability between reporting frameworks creates inefficiencies. 
  • Data collection burdens impact SMEs and non-EU suppliers, complicating compliance. 

Proposed Solutions & Recommendations:  

Regulatory Harmonization & Simplification 

  • Ensure alignment between CSDDD and existing EU laws to prevent duplication. 
  • Clarify compliance expectations to provide legal certainty. 
  • Streamline reporting obligations to reduce administrative burdens. 

Proportionality & Flexibility in Compliance 

  • Adjust reporting thresholds to prevent overburdening SMEs and suppliers.
  • Introduce flexible compliance mechanisms tailored to different industry needs. 
  • Reassess Article 22, which imposes ambiguous requirements on corporate transition plans.

Data & Traceability Solutions 

  • Develop harmonized digital reporting systems to reduce inefficiencies. 
  • Encourage sector-wide collaboration for standardized sustainability reporting. 
  • Promote data-sharing platforms to ease compliance for SMEs.  

Competitiveness & Global Trade Considerations 

  • Ensure EU standards remain competitive with global frameworks. 
  • Balance sustainability ambitions with trade and economic growth.
  • Address international concerns over CSDDD’s extraterritorial scope. 

Agenda

14:00 - 14:30 CET | Registrations & welcome coffee

14:30-14:50 CET | Setting the scene: Overview of the directive’s objectives

  • François-Régis Mouton | Managing Director, IOGP Europe
  • Barbara Baka | Counsellor at the Permanent Representation of Poland to the EU

14:50 – 15:50 CET | Panel 1: The EU Perspective - Competitiveness, compliance, and opportunities

This diverse panel will explore how the CSDDD impacts EU companies' ability to balance compliance with sustainability obligations and global competitiveness. The panel will discuss challenges like overlapping regulations (e.g., CSRD), costs of compliance, and the potential opportunities for EU businesses to lead in setting global sustainability standards.

Moderated by Gabrielle van Melkebeke | Senior Policy Manager ESG, IOGP Europe

  • Gabrielle Gauthey | Senior Vice-President for European Public Affairs, TotalEnergies
  • Mauro Scalia | Director of Sustainable Businesses, Euratex
  • Andrei Marcu | Executive Director, Roundtable on Climate Change & Sustainable Transition- European roundtable on climate change and sustainable transition
  • Alexander Vandenberghe | Head of Innovation, WindEurope
  • Diana Balogh |CEO of DB Consulting

---------------15:50 -16:00 - 15 min - Coffee Break--------------

16:00 - 16:50 CET | Panel 2: The Global Perspective - Navigating Extraterritoriality and Compliance

This panel will examine how the CSDDD's extraterritorial reach affects global businesses and global supply chains. The panel will address challenges like compliance costs, legal risks, and the directive’s impact on international trade and competitiveness in markets with varying regulatory standards.

Moderated by Rachel Bonfante, Senior Advisor ESG Engagement, Chevron

  • Ivana Zuzul | Executive Director, Europe at U.S. Chamber of Commerce
  • Philippe Ducom | President, ExxonMobil Europe
  • Allan Jorgensen | Head of the Centre for Responsible Business Conduct, Organisation de coopération et de développement économiques (OECD)
  • Mónica Ospina | Corporate Social Responsibility and Sustainability Expert

16:50 – 17:20 CET | Closing fire-side chat

  • Noëlle Lenoir | Former French Minister for European Affairs, Attorney-at-law and Chair of UNESCO International Bioethics Committee
  • Pedro Oliveira | Director of Legal Affairs, Business Europe
  • Philippe Adriaenssens | Policy Director, ERT

Moderated by François-Régis Mouton | Managing Director, IOGP Europe

17:20 – 19:00 | Networking cocktail reception

Please note that a cocktail reception will be served to allow the attendees to continue discussions in an informal atmosphere.

Confirmed Speakers

Philippe Adriaenssens

Philippe Adriaenssens

ERTPolicy Director
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Policy Director, ERT

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Barbara Baka

Barbara Baka

Permanent Representation of Poland to the EU in BrusselsCounsellor
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Counsellor, Permanent Representation of Poland to the EU in Brussels

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Diana Balogh

Diana Balogh

DB ConsultingCEO and Founder
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CEO and Founder, DB Consulting

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Rachel Bonfante

Rachel Bonfante

ChevronSenior Advisor ESG Engagement
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Senior Advisor ESG Engagement, Chevron

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Philippe Ducom

Philippe Ducom

ExxonMobil EuropePresident
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President, ExxonMobil Europe

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Gabrielle Gauthey

Gabrielle Gauthey

TotalEnergiesSenior Vice-President for European Public Affairs
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Senior Vice-President for European Public Affairs, TotalEnergies

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Allan Jorgensen

Allan Jorgensen

Organisation for Economic Cooperation & Development (OECD)Head of the Centre for Responsible Business Conduct
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Head of the Centre for Responsible Business Conduct, Organisation for Economic Cooperation & Development (OECD)

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Noëlle Lenoir

Noëlle Lenoir

Attorney-at-law
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Attorney-at-law

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Andrei Marcu

Andrei Marcu

ERCST (Roundtable on Climate Change & Sustainable Transition - European roundtable on climate change and sustainable transition)Executive Director
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Executive Director, ERCST (Roundtable on Climate Change & Sustainable Transition - European roundtable on climate change and sustainable transition)

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François-Régis Mouton

François-Régis Mouton

IOGP EuropeManaging Director
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Managing Director, IOGP Europe

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Pedro Oliveira

Pedro Oliveira

Business EuropeDirector of Legal Affairs
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Director of Legal Affairs, Business Europe

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Monica Ospina

Monica Ospina

ARPELESG sustainability project manager
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ESG sustainability project manager, ARPEL

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Mauro Scalia

Mauro Scalia

EuratexDirector of Sustainable Businesses
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Director of Sustainable Businesses, Euratex

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Gabrielle van Melkebeke

Gabrielle van Melkebeke

IOGP EuropeSenior Policy Manager ESG
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Senior Policy Manager ESG, IOGP Europe

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Alexander Vandenberghe

Alexander Vandenberghe

Wind EuropeHead of innovation
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Head of innovation, Wind Europe

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Ivana Zuzul

Ivana Zuzul

US. Chamber of CommerceExecutive Director, Europe
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Executive Director, Europe, US. Chamber of Commerce

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