The EU-wide Directive would require certain large EU and non-EU companies to take reasonable steps to identify and address adverse human rights risks.
OHCHR | Geneva | Updated
February 15, 2024
Credits @FFHR.CZ
UN High Commissioner for Human Rights Volker Türk on Tuesday urged EU leaders to approve a ground-breaking agreement on business and human rights, amid reports that support for the measure may now be in question in the European Council.
“The adoption of the Corporate Sustainability Due Diligence Directive would show historic leadership by the EU at a time when global leadership in support of human rights is needed more than ever,” said Türk.
“For the past four years, work on the Directive has seen unprecedented involvement by many stakeholders, including business and my Office, as well as political commitment from EU institutions and Member States to push it forward. This process has truly raised hopes of ensuring more effective management of human rights risks by large companies.”
“For the Directive to fail now would be a massive blow,” he said.
The EU-wide Directive would require certain large EU and non-EU companies to take reasonable steps to identify and address adverse human rights risks.
“Human rights due diligence is feasible and supports sustainable business processes that deliver long-term value to society at large. And for those reasons it also makes eminent business sense,” said Türk.
Many of the companies that would fall within the Directive’s scope have backed its adoption. It would create a level playing field by harmonizing disparate rules across jurisdictions.
“The agreement on the Directive is reported to be substantially aligned with the UN Guiding Principles on Business and Human Rights and other relevant international human rights standards. I am convinced the Directive can make a positive contribution to respect for human rights, and its adoption would send an important message of solidarity to those at risk from business activities,” the UN Human Rights Chief said.
A vote on the Directive is possibly due later this week.
“I urge EU Member States to demonstrate principled leadership on this landmark piece of legislation and to bring it across the finishing line,” Türk said.
Source: devdiscourse.com
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