Opinion
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Supply Chain Act

Weaknesses in ESG reporting: control is better

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By Experts

Published: November 22nd, 2023,
Last updated: May 28th, 2025

By Michael Goldhaber, Stéphane Brabant and Daniel Schönfelder
Michael Goldhaber is a Senior Research Scholar at NYU, Stéphane Brabant is a lawyer in Paris, Daniel Schönfelder works for the Responsible Contracting Project.

The EU is on the verge of a historic political success. It could set global standards in the area of business and human rights, as the USA did in 1977 with the Foreign Corrupt Practices Act to combat corruption. However, it is essential that the EU does not significantly water down its ambitious drafts for an EU supply chain law (Corporate Due Diligence Directive, CSDDD) in the final stages. Lobbyists have already weakened both the Commission’s draft and the Council’s draft. In addition, the lobby has requested further changes to the proposed regulatory framework for human rights protection in supply chains.

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Supply Chain Act