Internet consultation on the Bill on International Responsible Business

This directive requires companies to identify and assess negative impacts on human rights and the environment related to their own activities, the activities of their subsidiaries and the activities of their business partners in the companies' activity chains.

The main points of the bill are:

• Large companies must consider human rights and the environment;

• Large companies must have a plan to combat climate change;

• The Consumer and Market Authority is designated as the regulator. This will check whether companies comply with the rules;

• There will be additional rules for enforcing some obligations through civil law;

• Companies may cooperate with other companies in complying with the obligations and share resources and information with each other under conditions;

• The Rotterdam District Court and the Trade and Industry Appeals Tribunal are designated as the competent administrative courts.

Internet consultation is open until December 29, 2024.

Source: Ministry of Foreign Affairs, November 18, 2024

This document is auto translated by Deepl.