Governments are increasingly recognizing the need for sustainability standards in global value chains (GVCs), as pressures from consumers and due diligence regulations in the Global North require businesses to address risks such as deforestation and forced labour, though actors in the Global South may struggle to comply with these evolving standards.
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- IISD, 2024
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Table of Contents
- Making sense of due diligence regulations across the globe 1
- State of Play 1
- Figure 1. 2
- Due Diligence Guidance for Responsible Business Conduct 3
- Navigating the Puzzle Unpacking due diligence regulations 3
- Risk Management 3
- EXAMPLES 3
- Transparency 4
- EXAMPLES 4
- Traceability 4
- EXAMPLES 5
- Legality 5
- EXAMPLES 5
- Accountability 6
- EXAMPLES 6
- Stakeholder Engagement 7
- EXAMPLES 7
- Path to Solutions Tools that can support compliance 7
- Figure 2. 8
- Next Steps 9
- Acknowledgements 9
- References 10
- Majority of EU countries ask bloc to scale back deforestation law. 10
- United States asks EU to delay deforestation law letter shows. 10
- Traceability systems A powerful tool for agricultural voluntary sustainability standards. 10
- ThinkAct The sustainability game. 10
- SouthSouth trade and voluntary sustainability standards Challenges and opportunities. 10
- Rana Plaza. 10
- Supply chain visibility Traceability transparency and mapping explained. 10
- Proposal for a directive of the European Parliament and of the Council on Corporate Sustainability Due Diligence and amending Directive EU 20191937. 10
- Experts concerned over EU due diligence laws impact on Global South. 10
- After the Ali Enterprises factory fire Proceedings against Italian auditor RINA 10
- Financial Times 10
- The cumulative effect of due diligence EU legislation on SMEs. 11
- Non-economic objectives globalisation and multilateral trade cooperation. 11
- What is a sustainability system 11
- Ecology and Society 28 11
- Mongabay Environmental News. 11
- Journal of International Economics 137 11
- IOP Conference Series Earth and Environmental Science 733 11
- Verfassungsblog. 11
- Euronews. 11
- Global Policy. 11
- Do consumers care about sustainability ESG claims 12
- Due Diligence Obligations in International Human Rights Law 12
- Business Ethics Quarterly 33 12
- The essentials Characteristics of due diligence. 12
- Journal of Business Research 166 12
- Harvard Business Review. 12
- Translation French corporate duty of vigilance law. 12
- Sustainable international value chains The EUs new due diligence approach as part of a policy mix 12
- Towards a Smart Mix 2.0 Harnessing regulatory heterogeneity for sustainable global supply chains 12
- Understanding voluntary sustainability standards A strengths weaknesses opportunities and threats analysis. 13
- Voluntary sustainability standards and sustainable development due diligence. 13
- Voluntary sustainability standards Todays landscape of issues and initiatives to achieve public policy objectives. 13
- The EU Due Diligence Regulation on Deforestation What role for voluntary sustainability standards VSS 13
- Head Office 14
- Tel Website 14
