The Commission issued its formal consultation on the ESRS with a number of proposed changes. By Paul A. Davies, Michael D. Green, and James Bee On 9 June 2023, the European Commission (Commission) issued its formal consultation on the European Sustainability Reporting Standards (ESRS). The ESRS represent the detailed standards which set out the disclosure … Continue Reading
The adopted position would mean that financial institutions fall under the remit of the regulation, requiring them to conduct additional due diligence on both established and new customers. By JP Sweny, Michael Green, James Bee, and Vanessa McLellan On 13 September 2022, the European Parliament voted to adopt its position in relation to the European … Continue Reading
The proposal highlights the growing global focus on companies’ human rights obligations not just towards employees but also towards workers in their supply chains. By Paul A. Davies, Michael D. Green, and James Bee On 14 September 2022, the European Commission (the Commission) introduced a proposed Regulation (the Proposal) which seeks to ban products made using forced labour from … Continue Reading
The two new bodies are expected to help harmonise standards in different jurisdictions to meet investor demand for comparable ESG information. By Paul A. Davies, Sarah Fortt, Nicola Higgs, Betty M. Huber, Michael D. Green, and James Bee On 27 April 2022, the International Sustainability Standards Board (ISSB) announced the formation of two bodies that it hopes will assist in providing … Continue Reading
