EUROPEAN PARLIAMENT’S AMENDMENTS TO THE PROPOSAL FOR A DIRECTIVE ON CORPORATE SUSTAINABILITY DUE DILIGENCE
The European Parliament adopted crucial amendments to the proposed Directive on Corporate Sustainability Due Diligence, which mandates companies to incorporate human rights and environmental considerations into their governance (i.e. the Directive of the European Parliament and of the Council on Corporate Sustainability Due Diligence and amending Directive (EU) 2019/1937). The initial proposal was released on February 23, 20221, aiming to compel certain companies to implement mandatory due diligence practices, identifying, preventing and mitigating adverse impacts of their activities on human rights and the environment.
The European Parliament’s notable contribution lies in the requirement for companies to identify and address the detrimental effects of their activities on human rights and on the environment. These effects encompass various areas such as child labor, slavery, labour exploitation, pollution. Additionally… Read more,
