Corporate Sustainability Due Diligence Directive Sample Contracts

ISSUE SHEET
Corporate Sustainability Due Diligence Directive • September 13th, 2023

Far from being a theoretical exercise, the issue of arms1 is rele- vant to discussions on human rights due diligence. A recent study by Amnesty International, “Outsourcing responsibi- lity”, documents that the arms industry is currently not car- rying out any due diligence related to the use of its products. This is despite the clear global consensus that companies have a responsibility to respect all human rights wherever they ope- rate. In addition, the nature of the arms industry poses spe- cific human rights concerns: defense companies supply large volumes of military equipment to some of the most violent and unstable parts of the world, which carries with it the inherent risk that this equipment will be used unlawfully in contexts of armed conflicts and political unrest marred by serious vio- lations of international human rights and humanitarian law.2

AutoNDA by SimpleDocs
Corporate Sustainability Due Diligence - provisional agreement
Corporate Sustainability Due Diligence Directive • July 6th, 2021

On 14 December 2023, the Council of the EU and the European Parliament reached a provisional agreement on the Corporate Sustainability Due Diligence Directive (“CSDDD”). The CSDDD will introduce mandatory due diligence obligations on both EU and non-EU companies and will also establish the basis for those companies to incur liability for violating those obligations. The provisional agreement has resulted in a more limited scope of the CSDDD but stronger provisions on civil liability and sanctions. This alert presents the key elements of the provisional agreement, to the extent known based on the Council of the EU’s press release, compared to the Commission’s proposal.

Contract
Corporate Sustainability Due Diligence Directive • August 9th, 2019

Anti-Slavery International key takeaways from the European Parliament’s Corporate Sustainability Due Diligence Directive text

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!