Canada Implements Mandatory Supply Chain Transparency ESG Reporting: Is Your Organization Ready ?
On May 3, 2023, the Canadian Parliament approved Bill S-211, also known as the “Fighting Against Forced Labour and Child Labour in Supply Chains Act.” Its primary objective is to protect vulnerable populations from human rights violations and exploitation. Key Changes and Impact: This legislation introduces increased scrutiny and regulatory measures that will […]
How Florida’s Anti-ESG Legislation Could Affect the Competitiveness of US Businesses
Florida Governor Ron DeSantis’ recent signing of an anti-ESG legislation has sent shockwaves through the ESG investing community in the US. The new law prohibits state officials from investing public funds in funds that prioritize ESG goals and also prohibits ESG bond sales. While some believe that the legislation is primarily a political move, others […]
How to get prepared for the new SEC Climate Rule
The Securities and Exchange Commission (SEC) proposed a rule that mandates all publicly traded companies, regardless of size, to disclose information about greenhouse gas emissions and climate risks. While many companies are already accounting for or planning to measure scope 1 and 2 emissions, are they prepared to address climate risks and scope 3? […]
Navigating the Impact of SEC Amendments on Private Fund Advisers, US Companies & Investors
On May 3, 2023, the SEC adopted significant amendments to Form Private Fund, which is the confidential reporting form completed by registered private fund advisers to monitor systemic risks to the US financial system. How will these amendments affect private fund advisers? Here are the three most notable changes in the amendment All private equity […]
How UK businesses should manage top 3 Corporate Challenges
Environmental, Social, and Governance (ESG) factors have become significantly important in recent years, and UK businesses are now facing multiple challenges while navigating ESG regulations. ESG regulations are complex and businesses must comply with many rules from different regulatory bodies, which is a major challenge. Additionally, frequent changes in ESG regulations can create confusion and […]
Embrace the 3 R’s toward a zero waste and a thriving circular economy
Key Steps Towards a Sustainable Future of Zero Waste Zero waste strives to eliminate waste through ongoing reduction and recapture methods, while the circular economy aims to accurately value resources and promote their resale and recovery. Although recycling is beneficial, adopting the 3 R’s below can lead to more impactful action toward a sustainable future. […]
Shining a light on ESG ratings for enterprises
With global investors being increasingly focused on ESG ratings & issues in their investment strategies – according to the Capital Group ESG Global Study, roughly 89 percent of investors considered ESG issues in some form as part of their investment approach in 2022 – it’s no surprise that the acronym “ESG” has never been more […]
How to align your sustainability performance with the latest EU Directive
The Corporate Sustainability Reporting Directive (CSRD) expanded the Non-Financial Reporting Directive (NFRD) and set out new requirements for sustainability reporting for companies operating in the European Union (EU). The aim of CSRD is to increase the quality, consistency, and comparability of sustainability reporting across all European Union (EU) companies. For this reason, it requires large […]
ESG Disclosure & Reporting in Canada
As investors look to understand the environmental, social, and governance risks and opportunities associated with their investments, ESG transparency and disclosure have grown in importance in recent years. This development has received more attention in Canada as regulators, investors, and businesses all work to advance ESG reporting practices. ESG disclosure has been actively improved by […]
2023: a crash test year for US companies on their ESG efforts
In 2022 many issues on corporate Sustainability and ESG assumed a refined focus. New regulations came into play that are shaping the sustainability agenda and changing the way companies do business in different jurisdictions. More and more boards, in recognition of the important role ESG plays in driving long-term value creation, are disclosing how their […]