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EU Corporate Sustainability Due Diligence Directive (Draft) – recent developments

On 14 December 2023, the Council of the European Union (the “Council”) and the European Parliament each issued a press release announcing that a “provisional agreement” regarding the draft Corporate Sustainability Due Diligence Directive (“CSDDD”) has been reached. While formal endorsement and adoption by both institutions is still outstanding, the announcements nevertheless mark a major step forward in the inter-institutional negotiations at the core of the EU’s legislation process.
On 23 February 2022, the European Commission submitted a proposal for a CSDDD  to the European Parliament and to the Council. By obligating large companies and other companies in the scope of the proposal to conduct corporate...To read the full article, please see the PDF file

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Dominik KRUSE

  • Partner
  • Frankfurt / Düsseldorf

Dominik serves as co-representative of our offices in Frankfurt and Düsseldorf, Germany. He advises Japanese companies on corporate and cross-border M&A matters, as well as European companies regarding their business expansion into Southeast Asia (notably Indonesia, Thailand and Vietnam). He has a wealth of international experience and brings unique insights into deal-making across different cultures in both emerging and mature markets. Before joining the Tokyo office of Nishimura & Asahi in November 2019, Dominik worked at Clifford Chance (based out of Düsseldorf, Germany, and New York) and as in-house counsel at Pfizer, Inc. (New York).

加藤 由美子

Yumiko KATO

  • Counsel
  • Frankfurt / Düsseldorf

Currently based in Frankfurt, Yumiko has worked on various cross-border transactions and research projects for multinational corporations and governments. Her main practice areas are corporate/M&A, competition/antitrust, and litigation.

In addition to Tokyo, she studied and worked in various cities, including Washington, D.C., New York, London, Düsseldorf, and Frankfurt. Through such experiences, she has developed insights into various legal systems, business practices, and cultural differences, and also built a rich network with local business associations and local counsels. By leveraging such insights, she supports Japanese companies in expanding their business abroad and multinational companies in expanding their business into Japan.

Whereas her main practice area is corporate matters, she is actively engaged in various projects related to sustainability/ESGs. She completed related trainings such as FASID/Ministry of Foreign Affairs’ “International Aid Programme (certificate)” and Oxford’s Saïd Business School’s “Leading Sustainable Corporation Programme (certificate),” and has advised on various pro bono matters for international organizations and NGOs. She has insights into recent developments of legislations related to supply chain due diligence for human rights and the environment.

She has contributed to ESG practice area as well utilizing her experiences advising both public and private sectors