Contribution of the European Union to the UN Forum on Business and Human Rights 2018
Following the 2017 Forum on Business and Human Rights focussing on “Realizing Access to Effective Remedy”*, the European Union is pleased to participate in the 2018 Forum on Business and Human Rights on 26-28 November 2018 with the central theme chosen by the UN Working Group on Business and Human Rights: “Business respect for human rights – building on what works” to "drill down on what has been working to date in terms of government, civil society and business practice, but also on what is not working and where current efforts are falling short, and how to fill the gaps"...
Among the several steps at a regulatory level, we would like to highlight specific provisions on due diligence in the following regulations:
1 – EU Directive as regards disclosure of non-financial and diversity information...
2 – EU Timber Regulation (Regulation (EU) 995/2010)...
3 – EU Regulation on responsible sourcing of minerals (“conflict minerals “)...
Furthermore, the European Commission adopted on 8 March 2018 an ambitious action plan on financing sustainable growth in order to meet the challenge of scaling up private investment that contributes to achieving sustainable and inclusive growth...