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 acknowledges the objectives of the Commission; however, it thinks that the conclusions do not fit the Swedish market.
In response to phase 1, the entity states that: ‘we emphasise that we share the Commission’s underlying objectives…’; however, the entity does not believe that the conclusions from the study and the subsequent recommendations from the EU Commission are applicable to the Swedish market, and considers that the additional regulation cannot be applied across the entire EU, where such regulations would be introduced to well-functioning markets such as Sweden. The entity is in favour of self-regulation to continue as they believe it to be the best solution for Swedish corporate governance.
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