A proposed EU law that seeks to hold companies accountable for human rights abuses, climate change, and environmental destruction has been severely watered down by corporate lobbyists, with assistance from the European Commission’s own business-friendly ‘Better regulation’ agenda which includes the Regulatory Scrutiny Board (RSB). The RSB’s deregulatory mission helps to ensure the costs of social and environmental damage caused by corporations are paid for by society, not the companies themselves. As a result a law originally intended to limit corporate impunity, requiring companies to exercise ‘due diligence’ along their global supply chains, and provide affected people with access to justice, has been left full of major loopholes.
The due diligence expectations contained in the OECD Guidelines and United Nations Guiding Principles (UNGPs) have always, since their inception in 2011, been intended to take a risk-based approach that includes the full “value chain” of busines...Read More
Newsletter Announcement can be found here. ABOUT THE AWARD The Stop Slavery Award was launched by the Thomson Reuters Foundation, as an action resulting from the 2015 Trust Conference. The initiative recognises companies that have taken concrete...Read More
This report summarises findings from research into the best ways to engage and involve people with lived experience of modern slavery and human trafficking (including survivors) in international policy and programming on modern slavery. It gathers o...Read More
Author: Thi Hoang, the Global Initiative Against Transnational Organized Crime WEBINAR: Partnering on anti-trafficking: The key to successful corporate collaboration | 26 January 2021, 5:00 PM – 6:00 PM (CET) The past decade has seen a growi...Read More
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