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Companies in the E.U. could be held liable for violations along their…
Companies in the E.U. could be held liable for violations along their supply chain.
legislation
= due diligence law
should prevent and mitigate breaches of human rights
businesses
regualtions have to establish by businesses
are responsible
for enviroment
for human rights
can be punished even if the harm occured outside the bloc
Politicans of the EU
Didier Reynders, the European Union’s commissioner for justice
wants businesses to be punished, if they have bad working coditions
punishment
financial menalties fpr companies which violating the rules
vicitims can sue for compensation at EU courts
commission proposed the rules even if there were different versions
process till finishing could last one year or longer
who is influenced by the draft?
at first companies with more than 500 employees
after two years the range will be expanded to smaller buinesses
so-called high-impact sectors
extiles, food products and mining.
crtical opinions and hope
people say it is unrealistic to expect companies to control their entire value chain worldwide
many think that the draft will harm the companies
Richard Gardiner of Global Witness
thinks that could be a watershed moment for human rights
likes the idea of punishing companies which cause people´s harm
Alberto Alemanno, professor of EU´s law
“This outcome is the result of an unprecedented level of corporate lobbying"
said that it will be a downgrade into another narrow piece