We understand that the European Commission’s Sustainable Corporate Governance legislative proposal – which is expected to cover mandatory human rights due diligence as well as directors’ duties – has been delayed (again) and is unlikely to emerge until Q1 2022, possibly in March 2022.
For more information on the human rights due diligence aspects of the forthcoming EU proposal, see our previous blog post.
For more information on similar human rights due diligence initiatives in other countries, see here and here.