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.
The entity cautions against deregulation of sustainability legislation including the CSDDD
"(…) Additionally, new laws on corporate sustainability reporting and due diligence promote greater climate ambition and transparency on environmental action, and create a level playing field by also applying to foreign companies active in the EU. Implementing these laws requires time, resources and effort by businesses, as well as trust that investments undertaken to get ready for the application of these laws are not in vain. Deregulation, whether through lowering environmental or social standards, reneging on international commitments, or reducing the EU’s climate ambition, threatens the stable and predictable legal framework that we depend on. We urge the European Commission to support businesses in successfully implementing existing and upcoming environmental standards — by prioritising smart implementation ...
Requiring Human rights due diligence of all companies, regardless of sector and size, while still reflecting their individual circumstances.
The entity cautions against expemtions from sustainability legislations such as the CSDDD based on sector and size
"Avoiding blanket exemptions of sectors or company sizes which can create unfair competition, harm consumer trust and further complicate supply chains. Given the proportionality principle, EU legislation often already provides longer timeframes and lighter processes for SMEs."
| Legislation | Position |
|---|---|
| Omnibus | Supporting |
| Trade Association | Performance band |
|---|---|
| Corporate Leaders Group | B |
| CSR Europe | C+ |
| American Chamber of Commerce to the EU (AmCham) | D- |