
Blogs and News
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
EU Council, Parliament Agree on Update to Anti-Money Laundering and Terrorist Financing Directives
The Council and Parliament’s provisional agreement on parts of a comprehensive package to combat money laundering and terrorist financing places a strong focus on
The Role of CSRD in Measuring and Ultimately Reducing the Carbon Footprint
The new sustainability reporting requirements for the Corporate Sustainability Reporting Directive (CSRD) are now in effect. This phase will impact primarily larger EU and
Possible effects of the new EU Corporate Sustainability Due Diligence Directive (EU-CSDDD) on the German LkSG
On 15 March 2024, the Council of the European Union confirmed the EU Supply Chain Directive (Corporate Sustainability Due Diligence Directive, EU-CSDDD). Lengthy negotiations
Net Zero Reporting Requirements Under CSRD
The term “Net Zero” has been a part of the public conversation for nearly two decades, but do we really know what the term
Exploring the Advantages, Challenges, and Potential of Renewable Energy
Renewable energy has emerged as a key player in the global transition to a more sustainable and environmentally friendly energy landscape. As we strive
A Deep Dive into Renewable Energy That Empowers Tomorrow
More than ever, it’s clear that sustainable energy sources are essential to improving the environment and decreasing the adverse effects of climate change. According to
The Advantages of Net Zero to Unlocking Business Growth
In the 21st century, the impact of climate change has become a critical issue demanding attention from every sector of society. The concept of
Steps, Challenges, and Collaborative Solutions to Achieving Net Zero
The imperative of achieving net zero greenhouse emissions lies at the core of addressing the climate crisis, aiming to cap global warming at 1.5°C