Due diligence – the ricochet effect

Duty of care legislation imposes obligations on management at large French companies. Four years after the catastrophic fire in Bangladesh, the duty of care legislation was finally published. It imposes an obligation to prevent violations of human rights, civil liberties, personal health and safety and environmental standards. The law applies directly to French companies and their subsidiaries employing more than 5,000 staff, and to foreign companies with more than 10,000 staff, of which there are 200 in France.