Earlier this year, the European Commission published its Sustainable Corporate Due Diligence legislative proposal. This Directive aims to “foster sustainable and responsible corporate behaviour and to anchor human rights and environmental considerations in companies’ operations and corporate governance”. It will set out requirements that large companies conduct due diligence to ensure that adverse impacts from their operations are addressed and minimised.
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An analysis of subnational trade data for three major agricultural commodity markets reveals strong market connections between producing regions and the EU, despite the EU’s declining share of the export markets. Identifying these strong market relationships is key for promoting sustainable supply chains.