“The Legal Affairs Committee of the European Parliament yesterday voted for a European supply chain law. … The committee has thus voted in favor of a proposal on what a European supply chain law should look like – namely effectively. Companies should be obliged to avoid human rights violations and environmental destruction along their entire value chain. If companies fail to comply, they should be able to be sanctioned and made liable.
So is that all good? Can we lean back in Germany now because the EU is now taking care of everything?
No, on the contrary. A German supply chain law is more important than ever. Because the EU supply chain law is everything, just not a sure-fire success. The way there is still long, full of obstacles and will probably take several years. It is therefore crucial that Germany lead by example. If the largest economy in Europe gives its companies clear rules on human rights and environmental standards, then it is very likely that the EU will follow suit: The German supply chain law could become a blueprint for a European solution. That is why an effective, far-reaching law is so important in Germany – and a weak law so fatal.”