Sustainability in Global Value Chains

The Transformational Potential: to improve the human rights and environmental situation in global value chains by creating an accessible platform for stakeholders from partner countries (namely governments, businesses, civil society organisations, and multi-stakeholder initiatives), providing them with information on the expectations and opportunities of the EU Corporate Sustainability Due Diligence Directive (CS3D), and referral advice on existing accompanying measures. These measures support the understanding, capacity-strengthening, and creation of partnerships among stakeholders.

The Team Europe Proposal, global approach: 

• Focus on all stakeholders in the upstream value chains, with existing information, tools, and guidance to help public and private actors in developing countries identify requirements and relevant accompanying support to respond to EU Due Diligence expectation. This may further facilitate EU companies to engage on this issue with suppliers in developing countries.
• Practitioner’s network to facilitate information sharing, peer learning and best-practice exchange between Member States.

Governance structure: a joint platform made of the EU and participating Member States, national implementing agencies and development finance institutions, TEI secretariat.

Indicative typology for clustering of support measures:
1.    Information and guidance on due diligence process and legal requirements
2.    Practical tools for value chain management, risk assessment and reporting.
3.    Global policy dialogue, international coordination, and research
4.    Industry collaboration and stakeholder engagement
5.    Producer/Supplier Capacity Building and Empowerment. 
6.    Impact Investment and value chain finance
7.    Regulatory environment and support ecosystems in partner countries
8.    Transparency, advocacy, and consumer awareness raising