Recent developments in the US and Europe illustrate an increased use of disclosure and reporting requirements, and greater supply chain transparency, as a manner of regulating businesses. Such developments pose new challenges for businesses, as they impose a novel framework and increase exposure to societal and reputational pressures ... Various tools are being developed to provide data and guidance to businesses, and assist in effectively identifying, assessing, and managing human rights risks. There is a growing need for advisers who not only understand these legal developments, but the broader nature of supply chain risks and mitigation strategies ... Concurrently, there remains a crucial role for States to play in implementing their duty to protect human rights, both at home and abroad...

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