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EU blocks proposal to foster corporate due diligence within the bloc

JURIST

The Corporate Sustainability Due Diligence Directive (CSDDD) aimed to accomplish these goals while also protecting human rights and the environment in companies’ operations and corporate governance. The post EU blocks proposal to foster corporate due diligence within the bloc appeared first on JURIST - News.

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Germany passes law requiring corporate due diligence human rights, environment

JURIST

The German Parliament passed a law on Friday requiring large and medium-sized businesses to do their due diligence in combating human rights violations along their supply chain. The Bundestag adopted the draft law by a large majority. The law introduces a shift to mandatory compliance with international norms on labor exploitation.

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The Process of Buying or Selling a Business: A First-Time Buyer’s Guide to Due Diligence

Strictly Business

Due diligence is the buyer’s process of discovering and evaluating information about a seller’s business to confirm that acquiring the seller’s equity or assets is a sound investment. However, the process of conducting due diligence differs between transactions for a variety of reasons.

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European Union: EU Publishes Draft Corporate Sustainability Due Diligence Directive - Mayer Brown

Mondaq

The Draft Directive also provides a mechanism for sanctions to be imposed for non-compliance with the due diligence obligations and provides for director responsibility and accountability in relation.

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United States: Human Rights And The Environment – What US-based Companies Need To Know About The EU Draft Corporate Sustainability Due Diligence Directive - Mayer Brown

Mondaq

On 23 February 2022, the European Commission published its much-anticipated draft corporate sustainability and due diligence directive (the Draft Directive).

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Japan: Publication Of The Draft Of Japan's First Human Rights Due Diligence (HRDD) Guidelines - Nagashima & Ohno Tsunematsu

Mondaq

On August 8, 2021, the Ministry of Economy, Trade and Industry (METI) released the "Guidelines on Respect for Human Rights in Responsible Supply Chains (Draft)".

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GEDIP’s Reccommendation on the Proposal for a Directive on Corporate Sustainability Due Diligence

Conflict of Laws

As reported in this blog before (see CSDD and PIL: Some Remarks on the Directive Proposal ), the European Commission on 23 February 2022 adopted a proposal for a Directive on corporate sustainability due diligence. The text of the Recommendation can be found here. This post is cross-posted at the EAPIL blog].