Nicola Bonucci on Human Rights

Multi-Stakeholder Initiatives and Mandatory Due Diligence

While it might seem counterintuitive, as business and human rights continues a sprint toward a mandatory paradigm, voluntary multi-stakeholder initiatives (“MSIs”) are perhaps more important than ever before. MSIs provide...more

6/9/2023 / Corporate Governance , Due Diligence , EU , Human Rights , Shareholders , Stakeholder Engagement , Tariff Act of 1930

Corporate Sustainability Due Diligence in the EU: Latest Updates and What to Expect Next

A European legislative initiative aimed at requiring companies to undertake human rights and environmental due diligence is gradually but steadily making its way through the EU institutions. Previously, on March 10, 2021, the...more

5/8/2023 / Corporate Counsel , Corporate Governance , Corporate Social Responsibility , Due Diligence , EU , European Parliament , Human Rights , Sustainability

Human Rights Risks for Mining and Manufacturing: Lessons from Ten Years of the OECD Guidelines

In 2011, following the adoption of the United Nations Guiding Principles, the OECD Guidelines for Multinational Enterprises (the “Guidelines”)—the only existing intergovernmental guidance to businesses—introduced a new...more

4/19/2023 / Bribery , Department of Industrial Relations , Extortion , Human Rights , Manufacturers , Mining , Multinationals , OECD , South Korea , United Nations

Don’t be Afraid of Mandatory Human Rights Due Diligence in the EU … It’s Already Here

The European Union’s Draft Corporate Sustainability Due Diligence Directive (“CSDDD”) continues to generate ample attention and feedback. At its core, the proposed directive seeks to apply the due diligence formula of the UN...more

4/10/2023 / Corporate Governance , Digital Services , Disclosure Requirements , Due Diligence , EU , Forced Labor , Human Rights , Supply Chain , Sustainable Finance

Human Rights Risks for the Financial Sector: Lessons from Ten Years of the OECD Guidelines

In 2011, following the adoption of the United Nations Guiding Principles, the OECD Guidelines for Multinational Enterprises (the “Guidelines”)—the only existing intergovernmental guidance to businesses—introduced a new...more

3/21/2023 / Banks , Financial Institutions , Human Rights , NGOs , OECD , Pension Funds

Norway and the Right to Information Under Human Rights Principles

The Norwegian Transparency Act, a broad law mandating that covered companies conduct human rights-related due diligence for their operations and supply chains, went into effect in July 2022. The ambitious law is part of a...more

3/1/2023 / Due Diligence , Freedom of Information , Human Rights , International Covenant on Civil and Political Rights (ICCPR) , Supply Chain , Transparency , United Nations

Our Top 10 Predicted Business and Human Rights Issues for 2023

The explosion of global business and human rights continued to resonate across the globe in 2022. Some of the business and human rights trends have been evident and growing for several years; others are relatively new. Many...more

12/29/2022 / Anti-Money Laundering , Anti-SLAPP , Biometric Information , Corporate Governance , DNA , Due Diligence , Environmental Social & Governance (ESG) , Forced Labor , Free Trade Agreements , General Assembly , Greenwashing , Human Rights , Popular , Supply Chain , Sustainability , Transparency , UNESCO , United Nations

Downstream Due Diligence: Regulation through Litigation

As the European Union (“EU”) continues to debate whether downstream responsibilities will fall within the contours of its hefty Corporate Sustainability Mandatory Due Diligence Directive (“CSMDD”), and the EU Council just...more

12/5/2022 / Anti-Money Laundering , Corporate Governance , Due Diligence , EU , Food and Drug Administration (FDA) , Forced Labor , Human Rights , Human Trafficking , Modern Slavery Act , OECD , RICO , Supply Chain , Sustainability , UK , United Nations

Nicola Bonucci

Paul Hastings LLP

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