in the tech industry , this responsibility includes creating better innovations , policies and practices that benefit everyone in society .”
Using CSDDD to your advantage For companies in Europe , the recentlypassed Corporate Sustainability Due Diligence Directive ( CSDDD ) will be a big part of the future of corporate governance .
“ The CSDDD legally requires companies to be accountable for environmental and human rights issues within their supply chains ,” Amy explains .
“ The directive has potential to transform corporate accountability and the need for companies to focus on sustainability and implement rigorous due diligence processes .”
“ In order to have proper reporting and to establish and maintain trust with stakeholders , it is very important to have in-house capabilities ,” says Marcel . “ Reporting requires specific measurements . It ’ s not only about devices and technology , but about human knowledge . And when it is built over a period of time – like at Coca-Cola HBC – it becomes part of the culture , second nature and easy to expand .
“ For us , it started in the supply chain and expanded to all the other functions so that we can now use the opportunity of new regulatory framework to help all the functions . And so sustainability becomes a new value creator .”
Reporting : Keeping stakeholders sweet There are two key things that make good corporate governance critical as
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