Civil society statement on the adoption of European Parliament
Thursday, 11 March, 2021
Yesterday, the European Parliament adopted with a large majority, 504 in favour, 79 against and 112 abstentions, the Parliament’s Legal Affairs Committee (JURI) legislative own-initiative report by MEP Lara Wolters on corporate due diligence and corporate accountability with recommendations for the European Commission on necessary next steps to be taken.
With this report, the European Parliament has shown its strong support for the ongoing legislative initiative on sustainable corporate governance launched in 2020 by the European Commission. This proposal, which is expected to be tabled in June 2021, aims to require businesses to conduct due diligence in order to prevent and address human rights and environmental risks and impacts within their own operations and value chains; as well as provide access to judicial remedy when harm occurs.