COVID-19 is forcing companies to make tough business decisions. But they cannot declare moral bankruptcy and expect to emerge unscathed from the pandemic. By reflexively triggering force majeure clauses to halt payments to suppliers with vulnerable workers, including for orders already processed, companies risk losing their social license to operate.
The Future of Corporate Liability: Why the ‘Failure to Prevent’ Model Matters for Human Rights Due Diligence Regulation
The ‘failure to prevent’ model is a legal construct under which a corporate entity can be held strictly liable for failing to prevent certain unlawful acts (typically committed by associated …