Five on Friday – Five Recent Developments that We’ve Been Watching Closely - June 2017 #2

Foley Hoag LLP - Global Business and Human Rights
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It’s Friday and time for another overview of developments in the field of business and human rights that we’ve been monitoring.

This week’s post includes: a new report on human rights litigation in U.S. federal courts; new guidelines on the E.U. directive on non-financial reporting; and the release of the U.S. State Department’s 2017 Trafficking in Persons report.

  • On June 26, the Electronic Industry Citizenship Coalition (“EICC”) launched the Responsible Labor Initiative (“RLI”), a multi-industry, multi-stakeholder initiative that will work to ensure that the rights of workers vulnerable to forced labor are respected and promoted. Participants in the RLI will collaborate to enhance corporate due diligence efforts and to promote responsible recruitment practices. Membership is open to companies in all industries.
  • On June 26, the European Commission adopted new guidelines on the disclosure of environmental and social information. The guidelines are intended to assist companies in complying with the E.U. directive 2014/95/EU on non-financial reporting, as adopted in December 2014. Specifically, the stated purpose of the non-binding guidelines is to “help companies disclose high quality, relevant, useful, consistent and more comparable non-financial (environmental, social and governance-related) information in a way that fosters resilient and sustainable growth and employment, and provides transparency to stakeholders.” European companies with over 500 companies will need to begin reporting pursuant to the directive in 2018.
  • On June 27, the U.S. State Department’s Office to Monitor and Combat Trafficking in Persons released the 2017 Trafficking in Persons report, its annual review of the anti-human trafficking efforts of countries around the globe. The report ranks 187 countries on the effectiveness of their efforts to address human trafficking. Countries that received the worst, or Tier 3, rankings include China, Russia, the Democratic Republic of Congo, and Mali. As companies are increasingly being scrutinized with regard to their efforts to address human trafficking in their supply chains, the Trafficking in Persons report has increasing relevance for the private sector.

 

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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