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In ESG

Supply Chain Due Diligence in the EU – FAQs on the Corporate Sustainability Due Diligence Directive (CSDDD)

by , , and 7 Mins Read

On July 25, 2024 the Corporate Sustainability Due Diligence Directive (CSDDD) came into force. Generally, the directive imposes new due diligence obligations on large companies operating in the EU. The legislator requires them to identify, prevent, mitigate, and remediate human rights violations and environmental impacts throughout their entire “chain of actions”. The member states shall transpose the CSDDD into national law by July 26, 2026. As businesses are trying to navigate through this evolving regulatory…

In Customs

EU: European Parliament has given its final approval on the EU Forced Labour Regulation

by and 2 Mins Read

On 23 April 2024, the European Parliament approved the proposal of the EU Forced Labour Regulation (“Regulation“). The text of the Regulation was approved on first reading with 555 votes in favour, 6 against, and 45 abstentions. The officially adopted text can be found here. Under the Regulation, all products (including their components) manufactured using forced labour or placed and made available on the market in the EU, or exported from the EU will be banned.…

In Forced Labor

EU to Ban Products made with Forced Labour

by , and 2 Mins Read

The EU has held political talks on a law that will ban the sale on the EU market of products made with forced labour, as well as the export of such products from the EU. On 22 January 2024, the EU Council and Parliament held negotiations to agree the final text of the regulation, the proposal for which was published by the EU Commission in September 2022. The Committee on International Trade and the Committee on Internal…

In Forced Labor

Update: EU forced labour market ban proposal

by 2 Mins Read

On Monday 16 October, the Internal Market and International Trade committees of the European Parliament adopted their position on the European Commission’s proposal for a Regulation introducing a ban on the placing and making available on the EU market, or export from the EU market, of products made using forced labour (published on 14 September 2022). The following amendments have been proposed: Plenary will have to confirm the draft report as the European Parliament’s negotiating…

In Compliance

Due Diligence in Supply Chains – Update on human rights and environmental due diligence requirements in the EU

by 3 Mins Read

Soon, substantial penalties can be expected for non-compliance with the proposed Corporate Sustainability Due Diligence Directive (“CSDDD”) which oblige companies to implement due diligence processes to address their adverse impact on slavery, child labor, labor exploitation, biodiversity loss, pollution, and environmental degradation. What is new? On 23 February 2022, the EU Commission proposed the CSDDD.[1] Later, on 30 November 2022 the EU Council adopted its negotiating position (“general approach”) on the CSDDD.[2] Recently, on 1…

In Uncategorized

European Parliament Adopts New Due Diligence Requirements to Tackle Deforestation and Forest Degradation

by , , and 1 Min Read

Baker McKenzie’s Import and Trade Remedies Blog published “European Parliament Adopts New Due Diligence Requirements to Tackle Deforestation and Forest Degradation.” This blog post covers new requirements for companies to undertake due diligence into the source of a wide range of commodities, including cattle, cocoa, coffee, palm-oil, rubber, soya and wood, to ensure that they have not been obtained as a result of deforestation. To comply with the new regulations, businesses will need to ensure…

In Trade

EU Proposes Obligations on Firms To Address Shortages of Goods and Services in Times of Crisis

by , and 6 Mins Read

European Commission adopts proposal for Single Market Emergency Instrument In briefOn September 19, 2022, the European Commission (“Commission”) adopted a proposal that would give the EU sweeping new powers to address shortages and supply chain disruptions of crisis-relevant and strategic goods and services in times of crisis. The proposed Single Market Emergency Instrument (“SMEI”) is the latest in a series of EU measures that will impact supply chains, including new proposals for rules on foreign…

In Trade

EU Publishes Draft Legislation to Address Imports of Commodities Linked to Deforestation and Forest Degradation

by 1 Min Read

Baker McKenzie’s Import and Trade Remedies Blog has published a new post on the EU’s draft regulation that seeks to introduce new due diligence requirements aimed at tackling deforestation and forest degradation. This new proposal aims to repeal and replace the existing EU Timber Regulation, which imposed due diligence requirements on certain timber products for several years. These developments reflect the increased scrutiny around deforestation and forest degradation. Companies should therefore be prepared to conduct…