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ARTICLE · 06 MARCH 2024

The changing tide: understanding human rights for business

Corrs Chambers Westgarth
Corrs Chambers Westgarth
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Corrs Chambers Westgarth

Corrs Chambers Westgarth

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AustraliaGovernment, Public Sector

Globally, we are seeing a wave of regulation shifting the corporate responsibility to respect human rights from 'soft' to 'hard' law.

Today's complex global supply chains are being stressed as governments push businesses to restructure supply chains, shifting production away from geopolitical rivals to friendly powers or 'friendshoring'. At the same time human rights are increasingly seen as critical risks to supply chain resilience and businesses' bottom line.

Below, we discuss recent regulatory trends requiring businesses to manage and disclose their impacts on human rights and consider how evolving business and human rights regulation globally will impact on Australian businesses.

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