Brief News Review

Brief News Review

The draft of the EU supply chain directive in February 2024 has failed to be approved unanimously by the member states.  The EU directive is intended to oblige companies to be more responsible in their supply chain. Specifically, corporations with 500 or more employees and an annual turnover of 150 million euros should monitor their direct and indirect suppliers for violations of human and environmental rights. For vulnerable sectors such as the textile sector, a lower threshold of 250 employees and 40 million euros in sales applies. Small and medium-sized businesses would also be indirectly affected, because larger corporations will…

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