Sustainability, Due Diligence and Value Chain Governance

Edited by Fabrizio Cafaggi, Judge at the Italian Council of State, Professor of Behavioral Sciences and Public Administration, LUISS University, Paola Iamiceli, Full Professor of Private Law and Federico Pistelli, Researcher of Private Law, University of Trento, Faculty of Law, Italy

• ContentsForeword: rethinking the governance of global value chains xiii1 Compliance and due diligence in global value chains: theemergence of a EU sustainability framework in globalregulation 1Fabrizio Cafaggi, Paola Iamiceli and Federico PistelliPART I SUSTAINABILITY AND GOVERNANCE: A VALUECHAIN APPROACH2 Duties within the supply chain: disclosure, due diligence andoversight and the theory of the firm 39Kishanthi Parella3 Decarbonizing global chains with regulatory mixes 54Giuseppe Bellantuono4 The voluntary carbon market: a primer 86Vittoria Battocletti and Alessandro RomanoPART II SUSTAINABILITY DUE DILIGENCE ANDGLOBAL SUPPLY CHAINS: THE CHALLENGES OFLIABILITY TO GOVERNANCE5 The EU approach to corporate sustainable due diligence andits impact on member states’ legislation: a first comparativeanalysis 106Stefano Troiano6 Global value chain governance in the global context: how willthe EU’s agenda impact regulation and corporations in the UK? 133Charlotte Villiers7 Private international law, value chains and enforcement of duediligence obligations 155Sandrine Clavel8 From voluntary to mandatory control in global value chains:interplay between contract and tort in a new framework 173Vibe UlfbeckPART III THE ROLE OF PRIVATE REGULATION ANDCONTRACTUAL INSTRUMENTS9 Regulatory contracts, fundamental rights and third parties’protection 200Fabrizio Cafaggi10 An American experiment in contracts, human rights, andenvironmental protection 238David V. Snyder11 European model clauses and the corporate sustainability duediligence directive 269Martijn Scheltema12 The supplier journey towards a sustainability drivencontractual governance: a case study 292Isabella AlessioEpilogue 306