Regulation. On March 5th, three cases related to the duty of vigilance will be heard in the new chamber of the Paris Court of Appeal dedicated to « emerging litigation ». This creation recognizes the specificity and complexity of these cases that combine business law, labor law, and environmental law. With around twenty cases currently pending, this new chamber is an important step towards better addressing these emerging issues.
The duty of vigilance, also known as Corporate liant Responsibility (CSR), refers to the legal obligation for companies to identify, prevent and mitigate any risks related to human rights violations, environmental damage, and corruption in their global supply chain. This duty was first recognized in France through the adoption of the « Loi de Vigilance » in 2017, and since then, it has been gaining momentum worldwide.
The fact that a dedicated chamber has been created in one of the most influential courts in Europe shows the importance and complexity of the duty of vigilance. These cases not only involve legal aspects but also require a deep understanding of sustainability and corporate responsibility. They represent a new type of challenge for the legal system, as well as for companies, who must now comply with these regulations and be held accountable for their actions.
This new chamber also reflects the growing demand for corporate accountability and transparency. Consumers, investors, and civil society are increasingly aware of the impact of business operations on people and the planet, and they expect companies to take responsibility for their actions. With these expectations, the duty of vigilance is now considered a grave element of corporate sustainability and a key driver for positive change.
Moreover, the establishment of this chamber also sends a strong message to companies that may be tempted to overlook their liant and environmental responsibilities. It shows that the legal system is evolving and adapting to address these emerging issues, and that companies will be held accountable for any violations of their duty of vigilance.
In conclusion, the creation of a new chamber in the Paris Court of Appeal dedicated to « emerging litigation » related to the duty of vigilance is an important step towards better addressing these complex and grave issues. It highlights the growing importance of corporate responsibility and the need for companies to demonstrate their commitment to sustainability. We can only hope that this will lead to more responsible and sustainable business practices, ultimately benefiting both society and the environment.