The European Parliament’s Legal Affairs Committee has voted in favour of the Corporate Sustainability Due Diligence Directive (CSDDD), amid criticism that the proposals were weakened by EU member states.
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Two of the largest US poultry processing firms, Tyson Foods and Perdue Farms, are under investigation by the Department of Labor over allegations they hired migrant children to clean slaughterhouses, according to reports
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Investor coalition ShareAction has written to the International Sustainability Standards Board (ISSB) to design international reporting standards for human and worker rights.
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Proposed legislation will hold financial services firms based in or operating in the EU accountable for human rights and environmental violations in their value chain.
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Investors back human rights efforts ahead of EU rules October 15, 2021 A group of 94 investors with more than $6 trillion in assets have announced support for human rights and environmental due diligence ahead of new rules expected from the EU and recent support from the UN. The Investor Alliance for Human Rights, a […]
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Many banks and investment funds have been included in an international treaty clamping down on private-sector human rights abuses.
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Top international investment organisations are in talks to launch a new collaboration to promote human rights in the corporate world, according to Responsible Investor.
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MEPs pave the way for higher environmental standards New EU law on due diligence will also cover human rights issues MEPs are urging companies and investors to focus on sustainability by paving the way for a new EU law that requires them to address human rights and environmental standards. A legislative report, published on 10 […]
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Investors back EU plan for human rights due diligence rules The Investor Alliance for Human Rights wants mandatory, rather than voluntary, reporting and due diligence rules for corporations The Investor Alliance for Human Rights has called for EU companies to be held legally liable for human rights due diligence failures. In a response to an […]
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The company will no longer use cotton from China’s Xinjiang region Marks & Spencer has become the first top-tier UK clothing company to formally announce it will cut all ties with suppliers that are connected to the forced labour of the Uyghur people. The announcement came as China faces growing pressure from the international community […]
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