Key dates:
Effective since 2017.
Applies to:
Companies that have at least 5,000 employees in France or 10,000 worldwide, either directly or in their subsidiaries.
What it says:
Companies must have a due diligence plan in place that safeguards human rights and environmental impacts in their supply chain operations.
Penalty:
Companies in violation are subject to sanctions, with the possibility of service of formal notice that may result in the issuance of a commercial court order and the imposition of a daily fine.