At EU level, discussions are ongoing regarding a possible EU legislation on due diligence. In this respect, the Committee of Legal Affairs (JURI) in the European Parliament adopted the “Wolters report” which comprises a Directive on corporate due diligence and corporate accountability. With this report, the JURI Committee calls on the European Commission to present legislation in this respect. The Commission already announced last year a legislative proposal in its work programme for 2021. As EU based companies already comply with existing legislation laying down the rules on Corporate Social Responsibility, human rights and good governance, Ceemet sees no need to propose additional legislation on this matter.
Ceemet views on Due Diligence & Corporate Accountability proposal
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5 March 2021