Tag: social

The Corporate Sustainability Reporting Directive (CSRD) represents a significant shift in corporate governance, requiring over 50,000 companies to disclose their sustainability practices transparently. This initiative aims to integrate sustainability into the strategic core of businesses, enhancing transparency across the European Union.

In recent years, United States financial regulators have established themselves as global leaders in enforcement. In 2022, they imposed $3bn in fines, nearly three quarters of the world’s $4.2bn total. 2023 continued this trend, with US financial institutions paying 83% ($157.26m) of total penalty dollars, a stark contrast to their 10% share in global regulatory violations.

In an era where corporate sustainability is no longer a choice but a necessity, it is crucial to secure top-level buy-in from executives and directors. This pivotal step ensures that sustainability is not just a fleeting topic, but a permanent fixture in corporate agendas. Understanding the significance of this, a comprehensive guide has been developed to assist sustainability professionals in navigating this challenge.

The implementation date of Consumer Duty is quickly approaching. Firms will need to be ready by 31st July 2023, but are firms going to be ready?

Regulatory technology firm Clausematch and the UK Department for International Trade (DIT) have compiled an article on the role of environmental, social and governance (ESG) in RegTech.

Three European Supervisory Authorities are looking to update the standards under the EU Regulation on sustainability-related disclosures in the financial services sector (SFDR) and will host a public hearing about its proposals.