The EU Mandatory Environmental and Human Right Due Diligence law—key elements

The EU Mandatory Environmental and Human Right Due Diligence law—key elements

How does the recent law proposed by the European Parliament seek to ensure that businesses are held accountable when they harm, or contribute to harming, the environment, human rights and good governance? 

On 10 March 2021 the European Parliament adopted a legislative initiative report calling for the adoption of an EU law to require both EU and non-EU companies to conduct mandatory environmental and human right along their full value chains. The proposed law also makes provisions for the imposition of fines, sanctions and civil liability for non-compliance, as well as legal support for third-country victims of businesses that cause or contribute to harm. 

In the latest News Analysis for LexisPSL, Jo En Low and Suyin Tan of the energy-focused law firm Bracewell LLP, provide an overview of what lawyers should know about this proposed law, including its scope, the requirements it seeks to place on businesses, how it will be enforced and the penalties which could potentially be imposed for non-compliance. They also discuss whether any similar developments can be expected in the UK. 

Read the full article here: EU mandatory environmental and human rights due diligence law—what lawyers need to know.

 

More information on environment can be found here.

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