<p><strong>How does the recent law proposed by the European Parliament seek to ensure that businesses are held accountable when they harm, or contribute to harming, the environment, human rights and good governance?&nbsp;</strong></p><p>On 10 March 2021 the European Parliament adopted <a href="http://www.europarl.europa.eu/doceo/document/TA-9-2021-0073_EN.html" target="_blank" data-sf-ec-immutable="">a legislative initiative report</a> calling for the adoption of an EU law to require both EU and non-EU companies to conduct mandatory environmental and human right along their full value chains. The proposed law also makes provisions for the imposition of fines, sanctions and civil liability for non-compliance, as well as legal support for third-country vi</p>
Source: LexisNexis Purpose Built
The EU Mandatory Environmental and Human Right Due Diligence law—key elements