By Tilman Massa, Ethical Shareholders Germany
For too long, companies such as BASF have been half-heartedly complying with their human rights due diligence, because they did not have to fear any consequences. Now various initiatives for legal regulation at international, European and national level are entering decisive phases. The question of liability will show whether companies or civil society have been able to enforce their demands.
The German-African Business Association knows exactly which German ministry is best placed to assert its interests. It is not the Federal Ministry for Economic Cooperation and Development (BMZ) or the Ministry of Foreign Affairs (AA) – which might be obvious for a foreign trade association –, but the Federal Ministry of Economics and Energy (BMWi). Full article