"Towards Effective EU Mandatory Human Rights & Environmental Due Diligence", 8 June 2020
Over half a million people around the globe have demanded a strong EU law to hold corporations accountable for their impact on human rights, including trade union and workers’ rights, and the environment. These demands were made as part of the public consultation launched by the EU Commission.
John Ruggie voices three reservations: (1) directors are not the main driver of short-termism; (2) opposition to addressing directors’ duties may jeopardize the initiative; and (3) doing so may be largely unnecessary, as properly designed mandatory due diligence will itself change directors’ duties, he writes.
Richard Gardiner from Global Witness explains how a due diligence law would present a chance for the EU to reshape the often problematic relationship between corporations, people and the planet.
The European Commission hold a virtual exchange with three business & human rights advocates from the Global South as part of a public consultation for the proposed corporate human rights and environmental due diligence law
The European Commission is considering a new law to hold businesses accountable for their impact on people and the planet. To support people in participating in the EU's consultation on mandatory due diligence, Friends of the Earth, the European Trade Union Confederation, Arbeiterkammer Europa (AK Europa), Österreichischer Gewerkschaftsbund (OGB) and the European Coalition for Corporate Justice (ECCJ) have launched a new website.
There is growing pressure for corporations to do the right thing, but are EU lawmakers willing to act, asks ECCJ's Claudia Saller in this opinion piece for EU observer.
The initiative aims to improve the EU regulatory framework on company law and corporate governance. To this end, the Commission is seeking the views of a broad range of stakeholders.
The Working Group on Business and Human Rights set outs ten key recommendations for the EU as it develops the proposed Directive.
As the European Parliament begins developing proposals for a new – and momentous – law to hold business to account for its impact on people and planet, Richard Gardiner from Global Witness sets out how this process came about and what needs to happen now to ensure this really delivers results.