The Directive proposal published in February 2022 aims to foster sustainable and responsible corporate behaviour in global value chains and sets forth the rules companies must comply with when instituting due diligence in their operations.
EURATEX Position
• EU Due Diligence based on existing guidelines i.e. UNGP, OECD hence based on risk management.
• Harmonisation and clear common rules across Member States
• Comprehensive support mechanisms for SMEs
• Acknowledgment of the limits of civil liability.