News & Analysis as of

Human Rights Due Diligence Corporate Governance

Society of Corporate Compliance and Ethics...

[Webinar] Trends in Global ESG Regulations and Their Impact on Corporate Reporting - September 18th, 12:00 pm CT

Target Audience - Compliance Professionals with detailed knowledge in an area. Such persons are often at a mid-level within the organization, with operational or supervisory responsibilities, or both....more

Foley Hoag LLP - Global Business and Human...

Recent Developments in E.U. and U.S. Human Rights Law Signal an End to Voluntary Corporate Standards

Over the next few years, lawmakers and regulators in many jurisdictions will deepen their implementation of new human rights laws that impose significantly higher compliance burdens on companies. Concerns over whether...more

Paul Hastings LLP

Is the CSDDD Really Setting a Level Playing Field for Human Rights Due Diligence?

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With calm being restored after the frenzied effort in the EU to pass the Corporate Sustainability Due Diligence Directive (CSDDD), it may be time to evaluate the extent to which the law as adopted has met its original...more

White & Case LLP

Time to get to know your supply chain: EU adopts Corporate Sustainability Due Diligence Directive

White & Case LLP on

After a two-and-half-year legislative journey, the EU's Corporate Sustainability Due Diligence Directive ("CSDDD"), has been formally adopted, and was published in the EU Official Journal on 5 July 2024.1 It will come into...more

Foley Hoag LLP - Global Business and Human...

New E.U. Forced Labor Law and the Global Effort to Prevent Forced Labor in Corporate Supply Chains

On April 23, 2024, the European Parliament adopted, by an overwhelming 555-6 majority, a landmark law that will establish a sweeping and forceful regulatory regime to prohibit any products made using forced labor from being...more

Morrison & Foerster LLP

What is in my Supply Chain?

April and May 2024 mark historic months when it comes to supply chain due diligence obligations for EU and non-EU companies that operate in the EU. Going forward, companies will not only be required to identify and address...more

Morrison & Foerster LLP

What you should know about the CS3D and Forced Labor Regulation and Their Impact on Your Business Activities

On May 24, 2024, the CS3D was finally formally adopted by the Council, which marks the final step of a long and winding legislative process. This legislative process had begun in February 2022 with the Commission’s proposal....more

Mitratech Holdings, Inc

Understanding CSDDD: How the Corporate Sustainability Due Diligence Directive Could Impact You

Have you heard? The EU’s latest legislation, CSDDD, will directly apply to EU companies and non-EU companies operating in the EU internal market....more

Jenner & Block

Client Alert: Corporate Sustainability Due Diligence Directive: Five Key Questions Answered

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On April 24, 2024, the European Parliament approved the Corporate Sustainability Due Diligence Directive (CS3D). The directive, which must be formally endorsed by the Council of the European Union (EU) before officially...more

Cooley LLP

EU Adopts Mandatory Rules on Corporate Sustainability Due Diligence That Will Apply to Many US Companies

Cooley LLP on

On 24 April 2024, the European Parliament voted to adopt the Corporate Sustainability Due Diligence Directive (CSDDD), meaning it will now become law and necessitate a shift in corporate attitudes to responsible business...more

Latham & Watkins LLP

European Court of Human Rights Delivers Three Landmark Rulings on Climate Change

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For the first time, the Court has confirmed that the adverse impacts of climate change fall within the ambit of human rights protection under the European Convention of Human Rights, obliging States to implement effective...more

WilmerHale

Corporate Sustainability Due Diligence Directive: Final Sprint to the Finish Line

WilmerHale on

The EU legislature has finally reached an agreement on the text of the Corporate Sustainability Due Diligence Directive (CS3D) (see here our previous client alert). The CS3D profoundly affects the ways companies active in...more

Littler

South Korea Proposes Mandatory Human Rights Due Diligence Obligations on Employers

Littler on

On September 1, 2023, lawmakers in South Korea proposed a bill entitled the “Act on Human Rights and Environmental Protection for Sustainable Business Management” (the “Bill”) to the National Assembly. This Bill aims to...more

Hogan Lovells

ESG Compliance and Supply Chain due diligence in the EU and Germany – What to expect in 2024

Hogan Lovells on

2023 has seen a rise of a range of ambitious ESG regulations especially in the EU. Due to the ongoing transition from a soft law to a hard law environment cast in national and supranational laws and regulations,...more

Paul Hastings LLP

EU Legislators Reach Provisional Agreement on Corporate Sustainability Due Diligence Directive

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After months of discussion – and years of development – on December 14, 2023, the European Council and the Parliament reached a provisional agreement on the Corporate Sustainability Due Diligence Directive (“CSDDD”). The...more

Mayer Brown

Human Rights and the Environment – EU Institutions Reach Political Agreement On Corporate Sustainability Due Diligence Directive

Mayer Brown on

On 14 December 2023, following several rounds of inter-institutional negotiations, the European Council of the European Union (Council) and the European Parliament (Parliament) announced that a political agreement had been...more

Latham & Watkins LLP

Corporate Due Diligence Rules Agreed by European Council and European Parliament

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The new rules would oblige companies to integrate their human rights and environmental impact into their management systems. On December 14, 2023, the European Council (Council) and European Parliament (Parliament)...more

Latham & Watkins LLP

UK House of Lords Parliament Considers New Bill on Mandatory Human Rights and Environmental Due Diligence

Latham & Watkins LLP on

The Private Members Bill, if passed, would establish the UK’s first law mandating business due diligence on human rights and the environment. On 28 November 2023, Baroness Young of Hornsey (Baroness Young) introduced the...more

Society of Corporate Compliance and Ethics...

[Virtual Event] ESG and Compliance Conference - November 30th, 8:30 am - 4:30 pm CT

Environment, Social, and Governance (ESG) is a top priority for organizations of all types and sizes, and it the compliance team is a key factor in the ESG equation. Much like regulatory risks, managing ESG goals and metrics...more

Paul Hastings LLP

The Evolving Role of Boards of Directors Regarding Business and Human Rights

Paul Hastings LLP on

Three years ago, as part of the EU’s initiative on sustainable governance, the European Commission released a lengthy study on directors’ duties. The study affirmed what many already understood: corporate decision makers face...more

Paul Hastings LLP

Multi-Stakeholder Initiatives and Mandatory Due Diligence

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While it might seem counterintuitive, as business and human rights continues a sprint toward a mandatory paradigm, voluntary multi-stakeholder initiatives (“MSIs”) are perhaps more important than ever before. MSIs provide...more

NAVEX

A Deeper Dive into Human Rights Impact Assessments – Part 1

NAVEX on

Human rights assessments are an increasingly closely watched area of due diligence for the supply chain of organizations across numerous industries. Even smaller operators are subject to the reality of today’s global supply...more

NAVEX

The Significance of the German Supply Chain Act (LkSG) on Global Supply Chains

NAVEX on

On January 1, 2023, Germany’s Supply Chain Due Diligence Act (abbreviated LkSG in German) entered into force, imposing extensive due diligence obligations on companies to identify, prevent, or address human rights or...more

Paul Hastings LLP

Corporate Sustainability Due Diligence in the EU: Latest Updates and What to Expect Next

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A European legislative initiative aimed at requiring companies to undertake human rights and environmental due diligence is gradually but steadily making its way through the EU institutions. Previously, on March 10, 2021, the...more

Paul Hastings LLP

Don’t be Afraid of Mandatory Human Rights Due Diligence in the EU … It’s Already Here

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The European Union’s Draft Corporate Sustainability Due Diligence Directive (“CSDDD”) continues to generate ample attention and feedback. At its core, the proposed directive seeks to apply the due diligence formula of the UN...more

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