“Today, the European Commission has adopted a proposal for a Directive on corporate sustainability due diligence. The proposal aims to foster sustainable and responsible corporate behaviour throughout global value chains. Companies play a key role in building a sustainable economy and society. They will be required to identify and, where necessary, prevent, end or mitigate adverse impacts of their activities on human rights, such as child labour and exploitation of workers, and on the environment, for example pollution and biodiversity loss. For businesses these new rules will bring legal certainty and a level playing field. For consumers and investors they will provide more transparency. The new EU rules will advance the green transition and protect human rights in Europe and beyond.”
https://ec.europa.eu/commission/presscorner/detail/en/ip_22_1145
Japan’s Moment to Act on Forced Labor in Supply Chains
Despite past commitments, Japan is the only G-7 member that has not imposed sanctions on Beijing for its state policy of forced labor. In October 2021, the G-7 nations, including Japan, issued …