The COVID-19 crisis has exposed once more the vulnerabilities in value chains and precarity of global business operations – and the weakness of voluntary corporate action in addressing these issues. The devastating consequences are felt most by millions of workers and communities around the world. However, there are signs this could change. There has been growing momentum worldwide among governments, companies, investors and civil society, for mandatory human rights and environmental due diligence (HREDD).
Cross-sectoral regulation is already in place or under discussion in a number of European countries, including France, the Netherlands, Switzerland, Finland, Sweden and Germany, paving the way towards regional harmonisation. Earlier this year, the European Commission committed to introducing such legislation within the European Union (EU), and has just launched a public online consultation on ‘sustainable corporate governance’, including mandatory HREDD. ‘Legislation on sustainable corporate governance’ is also part of the Commission’s work progamme for 2021.
The Law Council considers that the Government’s proposal, Attorney- General Department’s "Modern Slavery in Supply Chains Reporting Requirement: Public Consultation Paper and Regulation Impact Statement", requires two important changes if it is ...Read More
On 24 February 2022, Russia invaded Ukraine sending shockwaves around the world and creating a humanitarian crisis. According to UN estimates, by 25 April, more than 5.2 million people had fled the country. This guide provides practical guid...Read More
Human trafficking thrives in times of crisis and uncertainty, when the needs of the most vulnerable among us are often overlooked. Congress recently passed the $2 trillion coronavirus relief legislation, the Coronavirus Aid, Relief, and Economic Sec...Read More
The novel Coronavirus has triggered a significant global crisis, with the harshest impacts being felt by the poor and working classes across the world. On the African continent, this ‘new’ pandemic encounters numerous other crises of climate hea...Read More
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