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.

Inside job: How business lobbyists used the Commission's scrutiny procedures to weaken human rights and environmental legislation - BUND, Corporate Europe Observatory, and Friends of the Earth Europe_ English, June 2022 DOWNLOAD
Inside job: How business lobbyists used the Commission's scrutiny procedures to weaken human rights and environmental legislation - BUND, Corporate Europe Observatory, and Friends of the Earth Europe, June 2022_German DOWNLOAD

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TAGS: Europe