Over 100 civil society organizations and trade unions have now signed a letter calling on the European Union to develop effective legislation that would oblige companies and financial institutions to address the human rights and environmental impact of their global operations and supply chains.
The coalition is calling on the European Commission to introduce legislation establishing a corporate duty to respect human rights, the environment, and provide access to justice for victims of potential abuses. Such legislation could help companies and financial institutions prevent potential risks and ensure fair competition for European companies who act responsibly.