Indian businesses must brace for EU sustainability push
- Our companies must prepare for the impact of tougher laws to protect human rights and the environment.
India and Britain’s worker unions recently raised concerns that a UK-India free trade deal could open up the British market to goods produced by child labour and slavery. Earlier this month, British retailer Marks & Spencer announced its “responsible exit" from a sourcing arrangement from Myanmar following heightened risk estimates of human-rights violations in the country. These developments come in the backdrop of evolving sustainability standards across the world, with a growing focus on the accountability of large corporations and their global value chains.