Member

I note that the world is going ahead with this. In the EU, the corporate sustainability due diligence directive is coming in. There is a proposed UN treaty on business and human rights. This morning, I heard from the Corporate Justice Coalition, which is calling for a failure-to-prevent provision in our supply chains, mirroring something the Government already did in the Bribery Act 2010—a failure-to-prevent-bribery provision. Companies should have a responsibility to prevent abuses in their supply chains. Of course, they will be able to show that only if they have the kind of transparency that the noble Lord’s amendment calls for.