Biweekly ESG Corporate Compliance Update: 5th July 2024

This blog was originally posted on 9th July, 2024. Further regulatory developments may have occurred after publication. To keep up-to-date with the latest compliance news, sign up to our newsletter.

171 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 171 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 164 regulations, start a conversation now.

Anti-Bribery & Corruption

(In force) Montenegro: Prevention of Corruption, Law No. 798, 2024. Status changed from “Proposed” to “In force”. The new date of Entry into Force is June 12, 2024. On 7 June 2024, the Montenegrin Parliament adopted the Law on the Prevention of Corruption which was promulgated on…

Read more in C2P.

Climate Disclosure

TNFD: Analysis of Nature-Related Issues along the Value Chain, Guidance Document, June 2024. New Guidance document published on June 24th, 2024…

Read more in C2P.

ESG Reporting

EU: Connectivity Considerations and Boundaries of Different Annual Report Sections, Guidance Document, June 2024. New Guidance document published on June 28th, 2024. As part of the EFRAG…

Read more in C2P.

Human Rights – Affected Communities

TNFD: Chemicals Sector, Guidance Document, June 2024. Additional sector guidance published on June 28th, 2024. The Taskforce on Nature-related Financial Disclosures (TNFD)…

Read more in C2P.

Labor & Employment

(Proposed on Jul 02, 2024) Pennsylvania (USA): Employment Leave for Victims of Violence, House Bill 2477, 2024. C2P’s Approval Probability 57%

Read more in C2P.

Supply Chain Due Diligence

(Proposed on Jul 02, 2024) Denmark: Supplementary provisions to Regulation (EU) 2023/1115 on Certain Commodities & Products Associated with Deforestation and Forest Degradation. C2P’s Approval Probability >99%

Read more in C2P.

Sustainable Resource Use

(In force) EU: Framework of Measures for Strengthening Europe’s Net-Zero Technology Products Manufacturing Ecosystem, Regulation 2024/1735. Status has changed from “Proposed” to “In force”. The new date of Entry into Force is June 29, 2024…

Read more in C2P.

Stay Ahead Of Regulatory Changes in ESG

Want to stay on top of regulatory developments in ESG corporate compliance?

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