webleads-tracker

MENU
Practice SIMON Associés SIMON Avocats Network China Desk Team Lettre Chine Our websites Search Reference work Africa Americas Asia Focus China Caspian Region Europe MENAP Medias Contact Newsletter
SUIVEZ NOUS SUR
Simon International
simon associés simon associés
Home >Europe

New formal notice on the basis of the vigilance law

Law n°2017-399 of March 27, 2017 relating to the duty of vigilance of parent companies and ordering companies

Law n°2017-399 of March 27, 2017 relating to the duty of vigilance of parent companies and ordering companies requires certain large companies to establish and publish a vigilance plan aimed at preventing risks relating to environmental protection and fundamental rights.

The vigilance law has high thresholds: it applies only to French companies employing at least 5,000 employees in France and those with more than 10,000 employees in France with their registered office elsewhere in the world.

Despite these high thresholds, the law is being applied more and more frequently. 

For example, Suez was very recently given notice to modify its vigilance plan for its activities in Chile. 

Indeed, four NGOs have issued formal notices to Suez to modify its vigilance plan in order to adopt the necessary measures to deal with various failures in the water supply service managed by ESSAL, a subsidiary of Suez in Chile.

The formal notice follows a sanitary disaster that occurred in July 2019: 2,000 litres of oil were spilled into an ESSAL drinking water plant in Chile, leading to a water cut of around ten days affecting more than 140,000 inhabitants. The spill also reached two rivers. 

The NGOs that issued the formal notice believe that the oil spill was the result of negligence in the maintenance and monitoring of the plant. 

There have now been six such formal notices under the vigiliance law since the law entered into force.

Other articles

COVID 19 – Control Regime Increase on Foreign Direct Investments in Europe

Part I

- Vu : 1835
The European Union (EU) Regulation 2019/452 dated March 19, 2019 regarding foreign direct investment (« FDI ») screening Regulation introduces a screening of direct investments from non-EU countries and establishes a cooperation mechanism between Member States. Regulation (1) (EU) 2019/452 will enter into force on 11 October 2020 (2). > Read more

Italy-New Partnership with De Berti Jacchia Franchini Forlani

- Vu : 1598
Simon Associés signed a transnational cooperation agreement with the Italian law firm De Berti Jacchia Franchini Forlani based in Milan. This partnership enhanced our presence in Southern Europe. Click ... > Read more


Most viewed...
Simon Associé present at the 5th Overseas Investment Forum organized by Yingke
13 octobre 2017 - Vu : 11979
Lara BOURSIER participates in two round tables during the 5th Overseas Investment Forum organized by Yingke on October ...
> Read more
A window on the post-13th National People's Congress and on the 2018 Edition of the BOAO Forum
5 juillet 2018 - Vu : 11186
The 13th National People's Congress of China (NPC) and the 13th National Committee of the Chinese People's Political Consultative Conference (CPPCC) ...
> Read more
SIMON Associés and YINGKE Partners welcome NCB President, Mrs Christiane Féral-Schuhl, in Beijing
11 janvier 2018 - Vu : 6704
In the context of the first official visit of French President Macron in China, SIMON Associés and YINGKE ...
> Read more
Lara Boursier, interviewed by Global Retail News, gives advice to foreign brands wanting to set up shop in China
18 octobre 2017 - Vu : 3870
 In this interview Lara Bousier gives advice to foreign brands wanting to set up shop there, talks about the legal ...
> Read more
Copyright ©2017 Simon International | Creation and realisation by Webcd©