The updated drafts of the European Financial Reporting Advisory Group’s (EFRAG) European Sustainability Reporting Standards (ESRS) are in. The new standards will instruct companies how to fulfill the reporting requirements of the Corporate Sustainability Reporting...
Since January 1st 2023, German companies with over 3,000 employees are expected to implement the German Supply Chain Due Diligence Act (SCDDA). For companies with over 1,000 employees, the deadline is 1st January, 2024. The law aims to prevent social and environmental...
As the European Parliament passed the EU Corporate Sustainability Reporting Directive (CSRD), various organizations have recognized that there’s a problem: The S in ESG is in danger of becoming lower-case. The reason? Credibility and measurability issues in the...
The German Supply Chain Due Diligence Act (SCDDA) is Germany’s latest legislative effort in the fight against modern slavery. It’s due to come into force in 2023 for companies with over 3,000 employees, and 2024 for companies with over 1,000 employees. To avoid...
Japan is preparing to move at “top speed” to create non-binding guidelines that will help companies identify human rights abuses in their supply chains. But is it a mistake to equate regulating quickly with regulating thoroughly? Japan’s commitment to publish...
When it was passed in 2018, Australia’s Modern Slavery Act was considered by its tabling minister to be a “milestone” in the fight against the “heinous crime” of modern slavery. The Act may have been a political milestone, but a number of worrying analyses have found...
