Even for the unpredictable world of business and human rights, 2024 was particularly volatile, including for sustainability more generally. The European Union’s (EU) Corporate Sustainability Due Diligence Directive (CSDDD)...more
12/10/2024
/ Africa ,
Artificial Intelligence ,
China ,
Climate Action Plan ,
Corporate Governance ,
Corporate Social Responsibility ,
Deregulation ,
Digital Services ,
Environmental Social & Governance (ESG) ,
EU ,
Human Rights ,
Human Trafficking ,
Key Performance Indicators (KPIs) ,
Military Conflict ,
Plastics ,
Popular ,
Risk Assessment ,
Sustainability ,
Tribal Lands ,
Trump Administration ,
Ukraine ,
United Nations ,
Uyghur Forced Labor Prevention Act (UFLPA)
With calm being restored after the frenzied effort in the EU to pass the Corporate Sustainability Due Diligence Directive (CSDDD), it may be time to evaluate the extent to which the law as adopted has met its original...more
Executive Summary and Overview-
State anti-ESG lawmakers have enacted legislation aimed at restricting investors from considering ESG factors in their investment strategies and decisions by requiring state financial...more
4/3/2024
/ Climate Change ,
Corporate Governance ,
Department of Labor (DOL) ,
Employee Retirement Income Security Act (ERISA) ,
Environmental Social & Governance (ESG) ,
Fiduciary Duty ,
Investment ,
Investment Advisers Act of 1940 ,
Pecuniary Losses ,
Popular ,
Sustainability
Please see chart below for more information....more
3/21/2024
/ Climate Change ,
Corporate Governance ,
Corporate Social Responsibility ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
EU ,
Form 10-K ,
Greenhouse Gas Emissions ,
Popular ,
Reporting Requirements ,
Securities and Exchange Commission (SEC) ,
Sustainability ,
Sustainable Business Practices
In an open meeting on Wednesday, March 6, 2024, the Securities and Exchange Commission (“SEC”) approved in a 3-2 vote a Final Rule on climate disclosures that will “require registrants to provide certain climate-related...more
3/7/2024
/ Corporate Governance ,
Disclosure Requirements ,
Emerging Growth Companies ,
Environmental Social & Governance (ESG) ,
EU ,
Final Rules ,
Form 10-K ,
Greenhouse Gas Emissions ,
Renewable Energy ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Smaller Reporting Companies ,
Sustainability ,
Tax Credits
After months of discussion – and years of development – on December 14, 2023, the European Council and the Parliament reached a provisional agreement on the Corporate Sustainability Due Diligence Directive (“CSDDD”). The...more
Three years ago, as part of the EU’s initiative on sustainable governance, the European Commission released a lengthy study on directors’ duties. The study affirmed what many already understood: corporate decision makers face...more
8/21/2023
/ Climate Change ,
Corporate Governance ,
Disclosure Requirements ,
Due Diligence ,
Duty of Care ,
EU ,
European Commission ,
Green Deal ,
Human Rights ,
Modern Slavery Act ,
OECD ,
Reporting Requirements ,
Securities and Exchange Commission (SEC) ,
Shareholders ,
Sustainability ,
Transparency
While it might seem counterintuitive, as business and human rights continues a sprint toward a mandatory paradigm, voluntary multi-stakeholder initiatives (“MSIs”) are perhaps more important than ever before. MSIs provide...more
A European legislative initiative aimed at requiring companies to undertake human rights and environmental due diligence is gradually but steadily making its way through the EU institutions.
Previously, on March 10, 2021, the...more
The European Union’s Draft Corporate Sustainability Due Diligence Directive (“CSDDD”) continues to generate ample attention and feedback. At its core, the proposed directive seeks to apply the due diligence formula of the UN...more
The explosion of global business and human rights continued to resonate across the globe in 2022. Some of the business and human rights trends have been evident and growing for several years; others are relatively new. Many...more
12/29/2022
/ Anti-Money Laundering ,
Anti-SLAPP ,
Biometric Information ,
Corporate Governance ,
DNA ,
Due Diligence ,
Environmental Social & Governance (ESG) ,
Forced Labor ,
Free Trade Agreements ,
General Assembly ,
Greenwashing ,
Human Rights ,
Popular ,
Supply Chain ,
Sustainability ,
Transparency ,
UNESCO ,
United Nations
As the European Union (“EU”) continues to debate whether downstream responsibilities will fall within the contours of its hefty Corporate Sustainability Mandatory Due Diligence Directive (“CSMDD”), and the EU Council just...more
12/5/2022
/ Anti-Money Laundering ,
Corporate Governance ,
Due Diligence ,
EU ,
Food and Drug Administration (FDA) ,
Forced Labor ,
Human Rights ,
Human Trafficking ,
Modern Slavery Act ,
OECD ,
RICO ,
Supply Chain ,
Sustainability ,
UK ,
United Nations
We are delighted to bring this edition of Spotlight Magazine to you after the disruption of the past two years and the COVID-19 pandemic. There has been a sea of regulatory change that has evolved during this time, masked by...more
6/13/2022
/ Alternative Investment Fund Managers Directive (AIFMD) ,
Anti-Money Laundering ,
Blacklist ,
Coronavirus/COVID-19 ,
Corporate Governance ,
Credit Funds ,
Debt ,
Depository Institutions ,
ELTIF ,
Environmental Social & Governance (ESG) ,
EU ,
Fee Disclosure ,
Financial Institutions ,
Financial Statements ,
Greenhouse Gas Emissions ,
Investment Funds ,
Lenders ,
Liquidity Management ,
Private Equity ,
Securities and Exchange Commission (SEC)