Search
Generic filters
16 March 2022
, , ,

Enforcing Due Diligence Obligations

The Corporate Sustainability Due Diligence Directive creates an innovative mix of enforcement mechanisms. It relies on both administrative oversight and judicial enforcement through civil liability. Additionally, accountability of businesses for affecting stakeholder interests is strengthened by a specific environmental, social, and corporate governance duty of care for directors and obligations to link directors’ pay to climate obligations, thus ensuring that directors need to steer businesses in light of stakeholder interests. This system has the potential to effectively oblige companies to respect stakeholder interests, although some weaknesses, especially in access to justice, remain. Continue reading >>
0
15 March 2022
, , ,

Due Diligence Around the World

On 23 February 2022, the EU Commission released its draft Directive on Corporate Sustainability Due Diligence (CSDDD). It follows – and seemingly takes inspiration from – several national mandatory human rights and environmental due diligence (HREDD) laws, notably in France, (“LdV”) Germany (“GSCDDA”) and Norway (“Transparency Act”). It provides a strong legal basis and innovations to enhance corporate accountability, to strengthen stakeholder value and to create a European and possibly global standard for responsible and sustainable business conduct. Continue reading >>
0
21 April 2021
,

Recognising Nuances

This week, the German Parliament is beginning its debate on the cabinet draft for a national Due Diligence Act (Sorgfaltspflichtengesetz). Critics of Germany’s initiative often claim that it would run counter to the development interests of the Global South. This, however, not only ignores strong development policy arguments in favour of human rights due diligence (HRDD) regulation but also the fact that several countries in the Global South are calling for similar obligations or have already created them. In particular, Germany may learn valuable lessons from the Colombian Constitutional Court’s recent case law which has created meaningful HRDD obligations for companies as well as from a draft for a Mexican Due Diligence Act. Continue reading >>
2
18 July 2018

Germany’s Moral Responsibility to Support a Treaty  on Business and Human Rights

In a massive conglomeration called the Treaty Alliance, leading human rights NGOs around the world together with many luminary academics are calling for a treaty between states on business and human rights that would seek to prevent human rights violations by businesses from occurring and ensure they do not go unpunished, or at least uncompensated. Such a treaty is necessary given the need to address a number of problems in international law that have prevented victims of human rights violations from being able to gain remedies against errant corporations. Continue reading >>
4

Verfassungsblog is a journalistic and academic forum of debate on topical events and developments in constitutional law and politics in Germany, the emerging common European constitutional space and beyond.

Newsletter

Imprint Privacy
Go to Top