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On 29 April 2020, the European Commissioner of Justice, Didier Reynders, announced that the European Union will propose new mandatory human rights due diligence legislation in 2021.
This announcement has the field imaging the possibilities. Human rights due diligence (HRDD) in the EU and beyond is the medium to achieve "tangible results for affected individuals and communities", as the UN Guiding Principles on Business and Human Rights call for.
However, there is a fateful difference between due diligence that manages the impact of human rights on a business enterprise and due diligence that effectively governs a business enterprise’s impact on human rights. The differentiator, the gateway to effective HRDD is rightsholder consultation.
Via EcoVadis
