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ARTICLE · 19 JANUARY 2022

7 Steps To Prepare For Imminent Supply Chains Laws

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Pressure on the UK and other governments continues to grow to develop, implement, and enforce mandatory human rights and environmental due diligence requirements...

United KingdomGovernment, Public Sector

Pressure on the UK and other governments continues to grow to develop, implement, and enforce mandatory human rights and environmental due diligence requirements for businesses headquartered or operating within their own jurisdictions. Or, where appropriate, to further strengthen these regulatory regimes where they already exist.

In October 2021 94 investors, representing over $6.3tn in assets under management, sent a statement to European commissioners and the European Parliament, voicing their support for mandated human rights and environmental due diligence in advance of the long-awaited upcoming European Commission legislative proposal on Sustainable Corporate Governance. The UK will not be bound by such a proposal but some 34 leading businesses, investors, and business associations operating in the UK recently put their names to their own letter calling on the UK government to introduce a new legal requirement for companies and investors to carry out human

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