Biweekly ESG Corporate Compliance Update: 21st August 2024

This blog was originally posted on 21st August, 2024. Further regulatory developments may have occurred after publication. To keep up-to-date with the latest compliance news, sign up to our newsletter.

65 ESG Regulatory Changes in the Past 2 Weeks!

Companies are under immense pressure to incorporate ESG into their company strategy in order to create a sustainable business and value for shareholders. With ESG regulations continuing to grow and evolve, there has been 65 regulatory changes* in the past two weeks alone!

In our Biweekly ESG Corporate Compliance Updates, we bring you the latest regulatory developments from the world of ESG to help you stay ahead of the regulatory avalanche. For a comprehensive deep dive into global ESG regulations and upcoming dates, you can also check out our guide ‘ESG Regulations: Your Guide To Key Upcoming Dates‘.

Below we list just some of the regulation changes impacting businesses in the last two weeks. If you want expert insights into the other 57 regulations, start a conversation now.

*Note: The regulatory changes captured in C2P include regulations being proposed, approved, coming into force, date alerts, additional support materials and any other changes to regulations & standards that compliance teams need to be aware of to be proactive about their compliance status.

Anti-Bribery and Anti-Corruption

Hungary: Rules for Reliable Whistleblowers, Decree 7/2024.

Read more in C2P .

ESG Reporting

Philippines: Environmental, Social and Governance (ESG) Reporting, Senate Bill 2765, 2024. Approval Probability in C2P 33%.

Read more in C2P.

Human Trafficking and Slavery

USA: Human Trafficking Awareness Training Recognition Act, House Bill 8974, 2024. Approval Probability in C2P 4%.

Read more in C2P.

Labor & Employment

Virginia (USA): Hourly Minimum Wage Update under the Virginia Minimum Wage Act.

Read more in C2P.

[Proposed] Michigan (USA): Relocation, Closing and Mass Layoff Severance Pay Act, House Bill 5890, 2024. Approval Probability in C2P is 9%.

Read more in C2P.

[Proposed] Michigan (USA): Veterans Employees Resource Notification Act, House Bill No. 5736, 2024. Approval Probability in C2P is 9%.

Read more in C2P.

Sustainable Resource Use

Italy: Urgent Provisions on Strategic Raw Minerals, Law No. 115/2024.

Read More in C2P.

Climate Disclosures

Vietnam: List of Sectors and Establishments Required to Carry Out a Greenhouse Gas Emissions Inventory in 2024.

Read More in C2P.

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