France Assureurs (Fédération Française de l’Assurance)
Making human rights due diligence a legal requirement for companies including systems to identify, assess, mitigate or manage human rights risks and impacts to improve that process over time and to disclose the risks and impacts, the steps taken and the results.
Direct Consultation with Governments
Comments from the entity submitted through official regulatory and legislative consultation processes, or via meetings and other direct engagements with policymakers. Includes evidence obtained by InfluenceMap through Freedom of Information requests.
The entity welcomes making human rights due diligence a legal requirement for companies.
The entity states that: 'France Assureurs welcomes the proposal for a Directive on Corporate Sustainability Due Diligence aiming to prevent human rights & environmental abuses throughout the value chain. The proposal comes as a natural next step in the development of a sound legal framework which will help in delivering the goals of the Green Deal which we fully support as an industry. This proposal will be highly valuable to set the ground of a harmonized framework on corporate due diligence requirements, thus ensuring a regulatory level playing field and preventing fragmentation at Member State level. We support the value of industry cooperation, industry schemes and multi-stakeholder initiatives to bolster the implementation of due diligence & the coverage of both EU & non-EU companies to ensure a level playing field'.
Require companies to implement a due diligence process covering their value chain to identify, prevent, mitigate and remediate human rights impacts and improve that practice over time.
Direct Consultation with Governments
Comments from the entity submitted through official regulatory and legislative consultation processes, or via meetings and other direct engagements with policymakers. Includes evidence obtained by InfluenceMap through Freedom of Information requests.
The entity is against the inclusion of clients within the scope of due diligence duty.
It states the following: 'EU’s legislator should carefully consider the societal consequences of the application of due diligence requirements to (re)insurance contractual relationship that could lead (re)insurance companies to refuse to cover certain policyholders. Such consequences will jeopardise the pivotal role of protection that insurers play for European companies & their employees. In fact, the extension of due diligence requirements to insurance contractual relationship could lead employees to no longer benefit from social protection services as health or collective savings schemes proposed by insurance companies, sometimes compulsory in application of national laws. This could also jeopardize the (re)insurance ability to enhance resilience across society. For instance, through civil liability policies, (re)insurers protect victims in case of damages caused by companies. Applying due diligence requirements to (re)insurance relationship could ultimately lead to a reduction in the protection offered to employees & victims and create an unfair situation'.
| Legislation | Phase of Active Company Engagement | Position |
|---|
| Member | Performance band |
|---|---|
| Allianz SE | E |
| Aviva Plc | C+ |
| MAIF | C+ |
