Saturday, March 16, 2024

What will the new EU Supply Chain Law mean for EU-based companies? Really!

No thanks for this extra red tape! It is one of those feel good one size fits all rather superfluous laws imposing government overregulation on businesses! Any large, public company is already well advised to make sure their supply chains do not include e.g. child labor etc. or otherwise they risk losing market value or customers.
"a law that will force companies to uphold environmental and human rights standards in their supply chains"

What a lousy chart! It is supposed to show how the law was watered down from the earlier proposal on the left to the final version with regards to which companies have to comply with the law


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