US Increased Enforcement for Responsible Business Conduct and Due Diligence

April 10, 2024

The US government has issued a national action plan to promote responsible business conduct and human rights due diligence.

According to the plan, the US government expects all businesses to conduct human rights due diligence (HRDD) throughout their value chains in line with internationally-recognized standards, to make HRDD an integral part of their decision-making, and to embed HRDD into their existing risk management systems. Businesses should also implement sector-specific standards that provide credible metrics that meaningfully measure progress on the impact of businesses on people across value chains. All businesses should conduct HRDD regardless of their size, sector, operational context, ownership, or structure, the plan states, although the scale and complexity or the means they use may vary.

Details on what constitutes HRDD can be found in the plan.

This is an excerpt from the April 9 Trade Report published by Sandler, Travis & Rosenberg, P.A which can be viewed here.

Topic(s)

International Trade and Border Management

Information source

Obtained by CSCB on behalf of members

Disclaimer

The foregoing information is provided for informational purposes only and is not intended as, nor should it be considered, professional advice or a substitute for conducting your own thorough research and review. Before making any decisions or taking any action based on the information provided, you should conduct your own independent investigation and/or seek professional advice from a qualified expert in the relevant field. The CSCB disclaims all liability for actions taken or not taken based on the information provided.

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