The Proposed new EU Directive would: (1) impose human rights and environmental due diligence, prevention and mitigation obligations on large or high-risk companies, including non-EU companies generating significant revenue in the EU, extending to their subsidiaries and global value chains; and (2) require adoption of corporate climate change plans ensuring a company’s business model and strategy are compatible with limiting global warming to 1.5°C, including, in some circumstances, factoring in climate change into executive compensation and setting corporate GHG emissions reduction objectives.