Making human rights due diligence a legal requirement for companies including systems to identify, assess, mitigate or manage human rights risks and impacts to improve that process over time and to disclose the risks and impacts, the steps taken and the results.
Bosch supports the objectives of the CSDDD
"Bosch supports the objective of the planned directive – as it did with the corresponding legislation enacted in Germany. Legal certainty is essential for companies to implement due diligence in the supply chain. This is best ensured by setting clear requirements that can be easily implemented in practice."
This joint statement signed by the CEOs of TotalEnergies SE and Siemens AG calls for the abolition of the CSDDD. Bosch's CEO was listed amongst the participants. In a public statement, Bosch appears to take ownership of the statement.
"CEOs call for the full abolishment of CS3D as a clear and symbolic signal to European and international companies that the governments and the Commission are really engaged to restore competitiveness in Europe."
The entity has aligned itself with the contents of the Evian Letter emphasising the demand for strengthening competitiveness in the European industry.
"A spokesperson for Bosch — whose CEO is also listed among the participants — called the initiative one “spearheaded by companies from Europe’s two largest economies.” They added that a central pillar of the demands is “aimed at securing and strengthening the competitiveness of European industry.”"
| Legislation | Position |
|---|---|
| EU CSDDD | Supporting |
| Omnibus | Not Supporting |
| Trade Association | Performance band |
|---|---|
| Responsible Business Alliance (RBA) | C+ |
| ESIA | D+ |
| DIGITALEUROPE | D- |
| CLEPA | E+ |
| econsense | E- |
| Eurogas | F |