French Law on the Corporate Duty of Vigilance
According to the law, all companies headquartered in France and employing more than 5,000 employees in France, or headquartered in France or abroad and employing more than 10,000 employees worldwide, must set up vigilance plans. A vigilance plan “includes reasonable vigilance measures to identify risks and prevent serious violations of human rights and fundamental freedoms, health and safety of persons and environment resulting from the activities of the company and of the companies it controls, either directly or indirectly, as well as the activities of subcontractors or suppliers with whom an established business relationship is maintained.”
The content of the plan as defined by the law includes:
In 2017 the French Parliament adopted the Corporate Duty of Vigilance Law. The law, which only applies to the largest French companies, will make the latter assess and address the adverse impacts of their activities on people and the planet, by...
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