4 Amendments of Udo BULLMANN related to 2020/2137(INI)
Amendment 14 #
Draft opinion
Paragraph 2 b (new)
Paragraph 2 b (new)
2 b. Underlines that the impact of corporate short termism on EU business trading practices in third countries is unsustainable; notes the importance of promoting social sustainability in third countries; stresses that promoting sustainable corporate governance in trade policy has a positive impact on the supply chain, and towards achieving the Sustainable Development Goals, and the Paris agreement targets;
Amendment 26 #
Draft opinion
Paragraph 2 c (new)
Paragraph 2 c (new)
2 c. Stresses the importance of coherence between corporate governance structures of EU businesses and EU efforts in dialogue with third countries on responsible business conduct through Trade and Sustainable Development chapters in Free Trade Agreements; notes that a sustainable long-term holistic approach is needed
Amendment 50 #
Draft opinion
Paragraph 5
Paragraph 5
5. Stresses that directors’ duties should encompass an obligation to develop, disclose and implement a corporate sustainability strategy for all aspects of the company’s operations, including its supply chains; based on international social, environmental and human rights standards; underlines that consultation with local communities is important;
Amendment 68 #
Draft opinion
Paragraph 7
Paragraph 7
7. Notes that sustainable corporate governance cannot reach its full potential without due diligence legislation that requires companies to identify, prevent, mitigate and account for human rights abuses and environmental damage in their global value chains; underlines that sustainable corporate governance should not be limited by the present or lack of proper due diligence legislation; asks the Commission to add the sustainable corporate governance and corporate due diligence into the ongoing Trade Policy review.