NFU Recommendations for Amendments on Corporate Sustainability Due Diligence Directive (CSDDD)
Summary
The Nordic Financial Unions (NFU) recommend expanding the EU’s Corporate Sustainability Due Diligence Directive (CSDDD) to fully include the financial sector, emphasising its ability to influence corporate behaviour through capital leverage. NFU also call for stronger integration of climate considerations into corporate governance and emission reduction plans. Additionally, NFU seeks to protect collective bargaining rights, recommending that wage determination and director remuneration be negotiated with social partners.