On 23 February 2022, the European Commission published its much-anticipated proposal for a Corporate Sustainability Due Diligence (CSDD) Directive (the Directive). In this briefing, we cover the essential features of the proposed Directive and what it could mean for businesses in Asia. This briefing builds on and supplements our previous Mandatory Human Rights Due Diligence Legislation Guidance for Suppliers Operating in Asia.
The tragic event at Rana Plaza on April 24, 2013 drew the attention of the world to the conditions prevailing in the ready-made garment sector of Bangladesh. In its wake, over 150 European textile companies signed a legally binding agreement to main...Read More
When moving towards mitigating or ultimately preventing trafficking in human beings and labour exploitation (THB/LE) in supply chains, a wider perspective is needed, one that includes human rights and decent working conditions. THB/LE is the extreme...Read More
The International Labour Organization (ILO) estimates on its website that at least 21 million people worldwide are victims offorced labour. Of these, the ILO finds 14.2 million (or 68 per cent) are victims of forced labour exploitatio...Read More
The financial services industry—from asset owners and managers to private equity, venture capital, and banks—has a catalytic effect on the behavior of business and the economy. Its vast range of financial products, services, and client relations...Read More
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