SMART Reflections on Policy Coherence, Legal Developments in the Netherlands and the Case for EU Harmonisation

5 Pages Posted: 17 Nov 2021

See all articles by Beate Sjåfjell

Beate Sjåfjell

University of Oslo - Faculty of Law; College of Europe - European Legal Studies Department

Jeroen Veldman

Nyenrode Business university

Date Written: September 21, 2019

Abstract

The EU-funded project Sustainable Market Actors for Responsible Trade (SMART, 2016-2020), undertook an interdisciplinary and multilevel regulatory analysis of the barriers and possibilities for securing the contribution of private and public market actors to a sustainable future. Jurisdiction-specific contributions were an essential part of this broad regulatory analysis. This afterword reflects on the Dutch contributions included in this Special Issue, emphasising the urgency of securing policy coherence for sustainable business. The afterword highlights how individual initiatives by national legislators such as those of the Netherlands can be inspiring examples, while they also bring with them challenges including questions of scope and of legal certainty for businesses, specifically with regard to cross-border operations and activities. This leaves business with the difficult task of figuring out the various requirements and expectations and may lead to regulatory competition between EU member states. The afterword therefore concludes with a call for EU harmonisation, to give sustainability-oriented business a level playing field and provide legal certainty both for decision-makers in business and for those affected by the conduct of business across global value chains.

Keywords: sustainability, business, global value chains, planetary boundaries, sustainable corporate governance

Suggested Citation

Sjåfjell, Beate and Veldman, Jeroen, SMART Reflections on Policy Coherence, Legal Developments in the Netherlands and the Case for EU Harmonisation (September 21, 2019). Erasmus Law Review, Vol. 4, 2019, Available at SSRN: https://ssrn.com/abstract=3927726

Beate Sjåfjell

University of Oslo - Faculty of Law ( email )

PO Box 6706 St Olavsplass
Oslo, 0130
Norway

HOME PAGE: http://www.jus.uio.no/ifp/english/people/aca/beatesj/

College of Europe - European Legal Studies Department ( email )

Dijver 11
B-8000 Brugge, Oost Vlanderen 10000
Belgium

Jeroen Veldman (Contact Author)

Nyenrode Business university ( email )

Straatweg 25
P.O. Box 130
Breukelen, 3620 AC
Netherlands

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