European Parliament Committee on Legal Affairs publishes draft report with recommendations to EU Commission on mandatory due diligence
In response to EU Commissioner for Justice Didier Reynders' announcement that the Commission will introduce rules for mandatory corporate environmental and human rights due diligence, Members of the European Parliament started working on developing a European Parliament (EP) position on the shape such a law could take. In September 2020, the EP Committee on Legal Affairs (JURI), as the Committee responsible, published a first draft report including recommendations to the Commission on mandatory corporate due diligence and accountability.
The EP's (Sub)Committees on Human Rights, Development, and International Trade also provided input in the form of draft opinions addressed to the Committee on Legal Affairs. The European Economic and Social Committee (EESC), a consultative EU body composed of 'social partners', produced an exploratory opinion upon request of the EP. The draft report and opinions are available below.
The EP's work on corporate due diligence and corporate accountability is under legislative initiative procedure 2020/2129(INL). See here for our coverage of the EP's own-initiative procedure 2020/2137(INI) on sustainable corporate governance, focusing on non-financial reporting and directors' duties.