OTS - EU-Member states should agree to EU Due Diligence Directive
2024. February 06. 13:05
Berlin, 6 February, 2024 (APA/OTS) - The German Institute for Human
Rights urges the German Government and all other EU member states
to vote in favour of the EU Corporate Sustainability Due Diligence
Directive (CSDDD) in the final vote on 9 February. The EU directive
is critical to safeguard and protect human rights and the
environment in global supply chains. After lengthy negotiations,
the CSDDD may now fail due to disagreements within the German
Government and other EU member states.
The CSDDD is intended to finally harmonise national
legislation. "If this is not successful, companies in Europe will
be faced with a patchwork of national due diligence regulations in
the future, combined with more bureaucracy," says Michael Windfuhr,
Deputy Director of the Institute. A number of EU member states and
neighbouring countries have already introduced supply chain
regulations at national level, such as France and Norway, or are in
the process of doing so, such as the Netherlands.
The German Supply Chain Act has now been in force for a year.
It is too early to make evidence-based statements about the impact
of the law on global markets, but company surveys paint a positive
picture. According to a representative survey of 2,000 companies in
Germany conducted by the Handelsblatt Research Institute on behalf
of Creditreform, only seven per cent of companies reject an
obligation to comply with human rights and environmental standards
in their supply chains.
At EU level, the EU Sustainability Reporting Directive will
also come into force from 2024, initially obliging large companies
to report on sustainability aspects in a standardised manner. This
reporting standard will also apply to companies under the CSDDD,
meaning that the additional reporting effort for the CSDDD will be
moderate.
The German Institute for Human Rights is the independent
National Human Rights Institution of Germany.
FURTHER INFORMATION
European Network of National Human Rights Institutions, ENNHRI
(2023): Statement in the Context of the EU Trilogue Concerning the
EU Corporate Sustainability Due Diligence Directive
Contact:
Bettina Hildebrand
Press Officer
Zimmerstraße 26/27
10969 Berlin
Tel.:+49 30 259 359-14
E-Mail:hildebrand@dimr.de
WEB: www.institut-fuer-menschenrechte.de
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