A regulatory term referring to the relationship of a company with a business partner.
Business relationship is the legal linkage between the company and the business partner, not a vague commercial association. The term matters because due diligence operates through relationships that can be identified, documented, and acted upon.
Directive (EU) 2024/1760 on corporate sustainability due diligence
the relationship of a company with a business partner;
Reference: Article 3, point p
CSDDD entered into force on 25 July 2024. Member State transposition is required by 26 July 2026. The Directive applies first to the largest companies (net turnover > €1.5 billion EU-wide and > 1,000 employees) from 26 July 2027, with phased extension to smaller companies over the following years.
This term matters when companies need to document which counterparties are covered by due-diligence processes and how those links are evidenced. It becomes especially important when a company has to show whether a risk sits inside an existing relationship, at its edge, or beyond it.
For Minespider, business relationship is a linkage term. It helps convert a messy network of commercial interactions into a traceable structure for obligations, data requests, and escalation paths.