Moving beyond voluntary measures, the laws would require companies to scrutinize their own social and environmental impact all over the world, and to identify, prevent and remedy any harm to human rights or the environment their operations may cause.
Online Event: Tackling supply chain management – the EU Due Diligence & Corporate Sustainability Reporting Directives
German Economic Institute (IW)
Moving beyond voluntary measures, the laws would require companies to scrutinize their own social and environmental impact all over the world, and to identify, prevent and remedy any harm to human rights or the environment their operations may cause.
On the national level, too, governments are attempting to introduce new regulations on the transparency of supply chain production and working conditions. While large multinational companies already have to report on non-financial issues, the new regulations also target SMEs.
But what would be the impact for activities of SMEs in third countries? How will companies from third countries be treated when attempting to access the EU’s single market? What responsibilities lie with governments? Could sector-specific approaches be a more efficient solution?
Program
12.00 h Welcome
Dr. Hardy Ostry, Head of the European Office of the Konrad-Adenauer-Stiftung
12.10 h Statements
Lucrezia Busa, Member, Cabinet of Commissioner Didier Reynders
Antje Gerstein, Managing Director, Brussels Office of the German Retail Federation (HDE)
Dr. Adriana Neligan, Senior Economist, German Economic Institute (IW)
13.00 h Discussion and Q&A, chaired by
Sandra Parthie, Head, Brussels Office of the German Economic Institute (IW)
13.30 h End of event
Tackling supply chain management – the EU Due Diligence & Corporate Sustainability Reporting Directives
Program
More on the topic
The Importance of the Data Economy for Europe’s Digital Strategic Autonomy
European companies need to have the ability to store, process, use, and share data securely and autonomously, for example by using cloud services based on agreed quality standards, values, and legislation.
IW
Subsidizing Semiconductor Production for a Strategically Autonomous European Union?
The COVID-19 pandemic has highlighted the vulnerability of international supply chains and the dependency of the economy of the European Union (EU) on goods from non-EU countries. The scarcity of microchips that has persisted since the COVID lockdowns has laid ...
IW