Oireachtas Joint and Select Committees

Wednesday, 7 December 2022

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

EU Legislative Proposal on Corporate Sustainability and Due Diligence: Discussion

Photo of Louise O'ReillyLouise O'Reilly (Dublin Fingal, Sinn Fein) | Oireachtas source

That is the concern. It may be an entirely separate entity that starts from scratch and is built up. That may be the way it has to go but unless it is properly resourced, it will be all complaints coming in and no results going out. It would be difficult for any existing agency to take on that workload without considerable investment in personnel, resources, education and training and powers to be able to conduct those investigations because they are complex. Nobody will hold his or her hand up on the first day an allegation is made, say the allegation is a fair cop, that the agency has him or her and he or she will change ways. An investigation will have to be made. If sufficient resources, education and powers are not given, I am concerned we will end up with a toothless agency that can receive complaints, and maybe all it will have to do is process them, but there will not be much coming out the regulatory end of it.

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