[Bills in Focus] Human rights and environmental due diligence, more exemptions from development charges
PoliticsSept 18, 2023
Proposed bill: Act on Human Rights and Environment Protection for Sustainable Business Administration of Corporations Proposed by Rep. Jung Tae-ho (Democratic Party of Korea) ● ESG policies are now considered a key factor in business management in achieving corporate sustainability and long-term value. In tandem with the global trend of mandating human rights and environmental due diligence within supply chains, this bill requires companies to create plans for implementing human rights and envir