EU to ban sale of products made with forced labor

We are entering a new time with multiple ESG supply chain regulations on the way in multiple geographies.

A framework to enforce the EU ban will give the European Commission new investigatory powers based on technological solutions and cooperation with other authorities and countries.

Products that are found to have been made using forced labor will not be allowed to be sold within the European Union, either directly or online. They might be confiscated at the borders, and companies that do not comply will be fined.

The EU commission is currently creating a list of high-risk sectors, products, and geographical locations. Organizations will have to disclose further information about suppliers and manufacturers when importing or exporting specific goods that appear on this list.

Are you ready for the new ESG regulations, some already kn force? If not – contact us. We can help.