
Blogs and News
Building Stronger Supply Chains Starts with Knowing Your Tiers
If your company manufactures physical products, it is important to know where all the parts and materials come from. A practical approach is by dividing
New EU Plans Make Sustainability Reporting Easier for Companies
The European Union (EU) is changing its sustainability rules concerning corporate sustainability reporting and due diligence obligations. These changes are designed to make things simpler
How Sustainability Reports Can Keep Your Business Successful in an Ever-Changing World
Businesses are under more pressure than ever before to act as good stewards of society and the environment with today’s rapidly changing business environment.
What Constitutes the Main Components of a Sustainability Report
Sustainability has become a focus for businesses across all industries. Companies are expected to demonstrate their commitment to environmental, social, and governance (ESG) factors,
Building a Sustainable Future with the Circular Economy
The circular economy is transforming the world around when it comes to resources and waste. It offers an alternative to the traditional “take, make, dispose”
EU Proposes Major Changes to Simplify Sustainability Reporting for Companies
The European Commission has released its first “Omnibus” package, which consists of a package of amendments aimed at making sustainability reporting less burdensome for companies.
Understanding Carbon Accounting Standards and Frameworks
As the world intensifies efforts towards net-zero emissions, carbon accounting has become a best practice for businesses, investors, and governments. Carbon accounting is quantifying,
Comparing GHG Protocol and ISO Standards for Carbon Footprint Management
There are two frameworks that have emerged as key resources for organisations around the globe that are ramping up their efforts to measure and cut
Key Elements of a Climate Transition Plan under the CSDDD
The climate transition plan under the Corporate Sustainability Due Diligence Directive (CSDDD) will be key to aligning the companies with the global climate objectives
Key differences between the Corporate Sustainability Due Diligence Directive (CSDDD) and Corporate Sustainability Reporting Directive (CSRD)
The recently adopted CSDDD is the very first cross-sectoral legislation obliging the largest companies operating in the EU to identify, prevent, and address all
The Key Differences Between Whistleblowing and Auditing
Every organisation needs mechanisms that can help it keep its operations honest, compliant, and safe. Speaking of the early detection of deviations and risk
Why Whistleblowing Matters More Than Ever
Whistleblowing means speaking up when you see something that is unethical, or illegal happen – whether in your workplace, at a business partner, or
Understanding ESG Practices in the Context of Whistleblowing
The modern corporate world requirement is for businesses to conform to standards that go beyond economic returns. Environmental, Social, and Governance (ESG) principles have
Preparing for the EU Corporate Sustainability Due Diligence Directive: Key Contractual Considerations for Businesses
Introduction The European Union (EU) has been intensifying its efforts to promote corporate sustainability, particularly through regulatory measures. One of the most significant developments
Embracing Sustainability with ISO Standards
Sustainability today is a concern of any business or organisation of any size in a dynamic world. However, the push toward a more sustainable
Understanding the EU Deforestation Regulation for Businesses
The European Union Deforestation Regulation (EUDR) is among the most significant legislation in the fight against deforestation and forest degradation, which have significant implications
Insights into the Implementation of European Sustainability Reporting Standards (ESRS) as of Q2 2024
The European Sustainability Reporting Standards (ESRS) provide a guide toward better sustainability reporting for organisations. As of Q2 2024, the preliminary observed practice and
Global Rights Index 2024 Report Highlights Increasing Violations of Workers’ Rights
The 2024 ITUC Global Rights Index is a scientific ecosystem that surveys the state of workers’ rights across the world. This is an annual
The EU Green Claims Directive for Ensuring Transparent and Accountable Green Marketing
With its new Green Claims Directive, the EU is taking one major step in the fight against greenwashing. As a result, the new legislation
Overcoming the Challenges of KYB Compliance
Know Your Business Partner compliance is an integral component of modern business interactions, not only in financial institutions. It, however, presents some critical challenges which
Why Double Materiality Matters in ESG and Sustainability Reporting
Corporate sustainability is shifting beyond just financial performance. Companies are now expected to account for their environmental and social impacts as well. The concept
A Guide to The European Green Deal’s Ecodesign for Sustainable Products Regulation (ESPR)
The Ecodesign for Sustainable Products Regulation (ESPR) was proposed by the European Commission (EC) on 30 March 2022. It is part of the European
Understanding the EU’s Digital Product Passport
In 2024, the European Union (EU) will start a new regulation that requires almost all products sold in the EU to have a Digital
Understanding the New EU Deforestation Regulation
Starting 30 December 2024, the EU Deforestation Regulation (EUDR) will be in full effect. This new rule requires companies selling products in the EU
The difference between reputational risks and negative media reports (adverse media)
What are “reputational risks”? Reputational risks are all potentially damaging effects on reputation, whether through actions, behaviour, or relationships. The risks stem from various
EU Fights Forced Labour with New Regulation
On 23 April 2024, the EU Parliament agreed on new regulations that ban selling, importing, and exporting products made using forced labour. The regulations
The Final CSDDD Agreement: Key Changes and Implications
The European Union (EU) has been working for years on the Corporate Sustainability Due Diligence Directive (CSDDD), and after extensive negotiations and compromises, a
The Implications of CSRD for Non-EU Companies
The EU’s Corporate Sustainability Reporting Directive (CSRD) is now officially the law of the land in EU member states. It was entered into force
Carbon Emission Scopes: Origins, Measurements, and their Integration into EU-CSRD
The year 2023 was a record-breaking one, becoming the hottest year in recorded history, according to the World Meteorological Organization (WMO). Efforts have been
Exploring Downstream and Upstream Emissions in the Context of EU-CSRD
There is a lot of buzz in commercial circles concerning the new environmental sustainability regulatory reporting requirements that are set to become effective in