EUROPEAN DIRECTIVE ON CORPORATE SUSTAINABILITY DUE DILIGENCE – THEORETICAL AND APPLIED ASPECTS

Abstract

The purpose of the article is to present the conceptual framework of European Directive on Corporate Sustainability Due Diligence of companies for responsible conduct in connection priority with Human Rights. The reasons for complying with this Directive, its main parameters, requirements and criteria are systematized. The role of state as a guarantor of fulfilling the Directives` criteria by creating a favorable institutional environment and effectively functioning institutions is indicated. The focus is placed on enterprises as the main stakeholders by the implementation of the Directive.