Mandatory Due Diligence Laws and Corporate Climate Responsibility in International Investment Law

0577895 - ÚSP 2024 eng A3 - Přednáška/prezentace nepublikovaná
Feigerlová, Monika
Mandatory Due Diligence Laws and Corporate Climate Responsibility in International Investment Law.
[Sustainable Development as Fundamental Pillar of Economic Governance and Public Affairs. Ravenna, 09.11.2023-10.11.2023]
Způsob prezentace: Přednáška
Pořadatel akce: University of Bologna
Institucionální podpora: RVO:68378122
Klíčová slova: corporate due diligence * climate change * nternational investment agreements
Obor OECD: Law

The contribution within the panel titled ‚The Path towards Sustainability in International Investment Law’ focused on mandatory due diligence laws and their impact on international investment disputes. International investments play a role in supporting sustainability and achieving the SDGs outlined in the 2030 Agenda for Sustainable Development. While international investment agreements traditionally impose obligations solely on States, emerging mandatory due diligence laws in the realm of business and human rights field seek to pose legally binding obligations on businesses. These laws compel companies to engage in risk-based due diligence aimed at identifying, preventing, and mitigating the climate-related impacts of their operations. The contribution considered the utility of mandatory due diligence laws, originating from the investor's home State and the host State, for addressing climate-related harm arising from investment activities and establishing investor obligations in international investment regime. It focused on the current provisions in international investment treaties that mandate investors to comply with host State laws, and on newly emerging provisions that encourage investors to adhere to international standards outlining human rights and environmental due diligence.
Trvalý link: https://hdl.handle.net/11104/0346981