MEPs seek to hold firms liable for supply-chain abuses
Deforestation. Only a third of EU companies carry out human rights or environmental due diligence checks in their supply chain (Photo: crustmania)
Brussels, 29. Jan, 07:01
MEPs on the legal affairs committee are calling on the European Commission to urgently propose a new law that holds companies accountable for human rights or environmental abuses that happen across their supply chains. Now is the right time to set the gold standard for doing business, said MEP Lara Wolters from the Socialists and Democrats.
Read and decide
Get instant access to all articles and 20 years of archives.
Nordic Business Network members call for cross-sectoral EU mandatory due diligence legislation incl. accountability measures
Twelve large Nordic companies, all members of the
Nordic Business Network for Human Rights, call for EU mandatory human rights due diligence legislation in a joint statement released on 27 January 2021. Signatory companies are ÂÂ
Arla, BioMar, Danfoss, Inter IKEA Group, LEGO Group, Lundbeck, Neste, Norsk Hydro, Novo Nordisk, Statkraft, Vestas Wind Systems and
Yara.
The momentum for due diligence legislation at EU level has recently been increasing, with the EU Commission s sustainable corporate governance initiative (including a public online consultation, deadline 8 February) and a European Parliament legislative report on mandatory due diligence and corporate accountability well underway. Civil society has been calling for laws on corporate due diligence and liability for long.