The regulation of businesses with the aim of protecting human rights and achieving other ESG-related goals is a rapidly developing area of law globally. The EU is currently in the process of developing ambitious and far-reaching mandatory corporate due diligence and accountability legislation, which would require companies incorporated or operating in the EU to assess, report on and address risks of human rights, environmental and good governance-related violations in their operations and supply chains. Germany is currently developing a similar proposal applicable to German entities, as are other European countries.