Study on the application of the law on duty of vigilance - analysis of 2018-2019 vigilance plans
This study aims to analyse the vigilance plans published by companies for the 2nd enforcement exercise of the law on the duty of vigilance and to highlight related enforcement issues. It covers 83 vigilance plans published between September 2018 and mid-June 2019.
Summary of the study:
- In the vast majority of companies, vigilance plans are now formalized and measures defined, the challenge is now to ensure that they are deployed in all entities and that they are effective.
- A quarter of the companies have set up a dedicated steering committee and a third specify how the plan is to be monitored by the company's highest governance bodies.
- One third of the companies discussed their vigilance plans with their stakeholders (at Group level).
- Companies have used ethical alert systems as alert mechanisms within the meaning of the law on duty of vigilance.
- Human rights approaches were strengthened in 2018 with the development of dedicated maps and responses.
- Existing purchasing approaches have been reviewed to focus more on vigilance approaches: dedicated risk identification, graduated responses adapted to the identified risks.
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