A broad range of stakeholder groups , including civil society representatives , EU citizens , businesses as well as business associations , have been calling for mandatory due diligence rules . 70 % of the businesses who responded to the public consultation sent a clear message : EU action on corporate sustainability due diligence is needed .
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A broad range of stakeholder groups , including civil society representatives , EU citizens , businesses as well as business associations , have been calling for mandatory due diligence rules . 70 % of the businesses who responded to the public consultation sent a clear message : EU action on corporate sustainability due diligence is needed .
Effectively adopting CSDD Many companies that work with Informatica have got thousands of suppliers in their supply chain , and it ’ s simply not feasible to reach out to every single one of them and
ask a certain set of questions , and therefore companies need to leverage technologies and set up a new target operating model , which looks at people , process , technology .
“ Traditionally we ’ ve had the blinkers on the E of ESG around carbon net zero , but it ’ s not all about the E of ESG , it ’ s about the three coming together , which then creates a sustainable company ,” Levent says .
“ Companies are gearing up to collect data from their supply chains , it ’ s all about getting the foundations right .” When companies work within a supply chain they are given a specific code , known as a standard industry classification code . That code outlines what the companies produce . They are then given a legal entity identifier , which identifies them as a company in that universe , in that geography . In today ’ s complex landscape , it ’ s really important to understand the company
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