Supply chain due diligence regulations on specific aspects
Alongside the global trend of promoting green transition and sustainable business, supply chain due diligence has emerged as a new legal framework in several countries, particularly in developed nations with high concern for environmental and human rights issues.
In addition to comprehensive legislation on human rights (including labour rights) and/or environmental aspects, a review of regulations in various countries shows a trend of sector-specific due diligence standards, often within certain legal instruments or guidance documents, notably in:
- Timber and wood product manufacturing and processing (e.g., US Lacey Act 2006, Australian Illegal Logging Prohibition Act 2012, EU FLEGT 2013);
- Food safety (e.g., EU General Food Law 2002, UK guidance on food safety, traceability, and recall);
- Mineral extraction and use (e.g., US Dodd-Frank Act);
- Public procurement (e.g., Danish local government procurement framework, Ireland’s minimum procurement standards);
- Corporate governance responsibilities (e.g., company laws in the UK, Netherlands);
- Anti-corruption and anti-bribery (e.g., UK Bribery Act).
Source: Compiled by the TTWTO-VCCI Research Group