Biweekly ESG Corporate Compliance Update: 7th August 2024

This blog was originally posted on 7th 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.

97 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 97 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 89 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

[Proposed] Philippines: Strengthening the Freedom of Association of Workers Act, Bill No. 2735, July 2024. Approval Probability in C2P is 33%

Read more in C2P.

ESG Reporting

[Came into force] Croatia: Implementation of the Corporate Sustainability Reporting Directive, Act NN 85/2024.

Read more in C2P.

Human Trafficking and Slavery

[Approved] Tennessee (USA): Rule on Businesses Against Trafficking, Final Rule, July 2024.

Read more in C2P.

Supply Chain Due Diligence

[Came into force] EU: Corporate Sustainability Due Diligence (CSDDD), Directive (EU) 2024/1760.

Read more in C2P.

EU: Directive on Corporate Sustainability Due Diligence, Frequently Asked Questions Document, July 2024.

Read more in C2P.

Labor & Employment

Alaska (USA): Workers’ Compensation Reemployment Rights and Benefits, Senate Bill 147 Enacted, 2024.

Read more in C2P.

Human Rights – Affected Communities

TNFD: Interoperability Mapping Between the GRI Standards and the TNFD Disclosure Recommendations and Metrics, Guidance Document, July 2024..Read more in C2P.

Sustainable Resource Use

Philippines: Carbon Rights Act, House Bill No. 10635, July 2024..Read more in C2P.

Stay Ahead Of Regulatory Changes in ESG Corporate Compliance

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

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