Understanding the Changes to the Supply Chain Act
EU member states are working to significantly dilute the Supply Chain Act. Their focus is on raising employee and turnover thresholds. This approach aims to balance economic interests with the protection of human rights. By increasing the thresholds, fewer companies will fall under the act’s regulatory umbrella. This change raises concerns about the effectiveness of human rights protections across the supply chain.
As the EU seeks to redefine its regulatory landscape, the implications of these changes will be felt across various industries. Stakeholders are now questioning whether these modifications will genuinely uphold human rights or merely serve to lighten the regulatory burden on businesses. The ongoing discussions emphasize the importance of finding a balance between economic growth and ethical responsibility.
