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 number of people living in conditions of modern slavery on any given day reached 50 million in 2021, a collaborative report by the ILO, Walk Free and IOM has found. 27.6 million humans are suffering in forced labor conditions, including 11.8 million women and...
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...
Crossing the Communication Chasm Effective worker engagement means closing the gap between global brands and the workers in their supply chains. Empowering workers to lead change fundamentally alters the structure of grievance remediation by giving them a voice...