February 24, 2022
New EU corporate accountability law must be strengthened – Louise O’Reilly TD

Sinn Féin spokesperson on Enterprise, Trade and Employment Louise O’Reilly TD has called for the European Union Directive on ‘Corporate Sustainability Due Diligence’ to be strengthened, so as to truly clean up global supply chains and minimise negative global impacts on workers, communities and the environment.

Teachta O’Reilly said:

“It was promised that the European Union Directive on ‘Corporate Sustainability Due Diligence’ would ensure that EU companies undertook due diligence checks along their full supply line so as to prevent environmental abuses and human rights violations.

“The aims behind the directive were welcomed by progressive politicians, trade unions, environmental groups and human rights groups, amongst others; unfortunately, the newly-published law falls far short of what is needed to protect workers, communities and the environment.

“The directive falls far short of what is needed because it will only apply to:

  • companies with an annual turnover of over €150 million and more than 500 employees; and
  • companies in high-risk industries like agriculture and fashion, companies with more than 250 employees

“While the directive is a move in the right direction, it must be further strengthened.

“There should be no half measures by the European Union where it comes to protecting against human rights and environmental abuses, whether that be from a State or a corporation.

“As Sorcha Tunney, Coordinator of the Irish Coalition for Business and Human Rights, stated ‘we need to take forced labour, deforestation and oil spills out of our shopping baskets once and for all, but this proposal just doesn’t go far enough and is riddled with loopholes’.

“In its current guise the directive would be totally ineffectual as it would only apply to 1% of companies. By excluding almost 99% of companies, the EU are essentially sanctioning business practices which exploit workers and communities, and which destroy the environment.

“The reality is any size of company can engage in human rights abuses and/or environmental destruction; therefore, the Directive on ‘Corporate Sustainability Due Diligence’ must be broad enough and strong enough to reflect this.”

Follow us online

Latest Tweets

“You believed in us during the dark days of apartheid. Today we are with you in your fight for the unity of Ireland…”

Deputy President of the Republic of South Africa, Paul Mashatile, speaking at the Sinn Féin Ard Fheis 🇮🇪🇿🇦

Five chaotic budgets later, coalition fails to move the dial on health – @davidcullinane

"This budget offers no hope to the person on a trolley, the child with scoliosis, or the older person isolated at home."

International community must rein-in Israel – @mattcarthy

"Ireland has never taken a single meaningful sanction against Israel. The failure of the international community to act is our collective failure."

Government’s budget puts carers back of the line – @Donnchadhol

"Why should carers have to wait six months later than everyone else to get the benefit of the threshold increase?"

Load More