Business and human rights

Today, EU countries rubber-stamped the deal on the EU’s new supply chain rules. This law — the Corporate Due Diligence Directive (CSDDD) — aims to make companies accountable for the damage they cause to people and the planet. 

Today, EU ambassadors failed to rubber-stamp the recently agreed deal on new EU supply chain rules. This law — the Corporate Due Diligence Directive (CSDDD) — aims to make companies accountable for the damage they cause to people and the planet. 

Companies cannot be left off the hook for the damage they cause to people and the planet. Precarious working conditions, low wages, and human rights abuses including slavery are rife in supply chains. Women are disproportionately affected as they are overwhelmingly concentrated in the least secure and lowest paid positions in supply chains, and routinely denied to use their voice. 

Today, the EU agreed on a new European law to make companies accountable for the damage they cause to people and the planet - the Corporate Due Diligence Directive (CSDDD). In response, Oxfam EU’s Economic Justice Policy Lead, Marc-Olivier Herman, said: "This deal marks a significant milestone as the largest of companies will finally have to clean up their act. But it did not get through unscathed with the regressive business lobby and a group of EU countries led by France and Germany punching holes in the law.

EU lawmakers risk letting fossil fuel financiers, greenwashers, and companies violating labour rights off the hook under new European due diligence rules.  

On Thursday, 1 June, Members of the European Parliament (MEPs) will vote on the EU’s new rules to make companies accountable for the damage they cause to people and the planet: the Corporate Sustainability Due Diligence Directive (CSDDD). If the European Parliament fails to vote in favour of ambitious amendments, the final text risks being a far cry from what is needed.

Read Oxfam EU's media briefing which breaks down the rules and what MEPs need to do to make them stronger. 

Today, the EU Parliament agreed on the new EU law to make companies accountable for the damage they cause to people and the planet: the Corporate Sustainability Due Diligence Directive (CSDDD). 

Next week, Members of the European Parliament will vote on a report that paves the way for the EU to require companies to protect human rights and the environment in their global value chains by law. MEPs must back this report.