By Aaron Nicodemus2024-08-19T13:29:00
Multiple emerging environmental, social, and governance (ESG) and disclosure standards pose legal and operational risks to many companies, but also opportunities to improve reporting and get ahead of requirements, a new report said.
The Conference Board’s report, “Cutting Through Complexity–Managing International ESG Disclosure,” published Thursday, provided guidance on how firms can reconfigure their governance, policies, and procedures to better and more accurately capture ESG and sustainability data.
The report also discussed the benefits of prioritizing ESG and sustainability initiatives and aligning those priorities internally, which help meet varying disclosure obligations that “expose organizations to compliance risks, drive up operational costs, and overburden staff responsible for reporting,” the survey authors said in an accompanying press release.
2024-10-22T16:08:00Z By Aaron Nicodemus
Fund management company WisdomTree will pay $4 million to settle allegations by the Securities and Exchange Commission that it improperly invested in fossil fuel and tobacco companies in environmental, social and governance (ESG) funds despite promising to avoid them.
2024-10-14T18:26:00Z By Aaron Nicodemus
Discussions on the increasingly complex ESG rules in the EU were the crux of some conversations at Compliance Week Europe, a two-day conference in Amsterdam Oct. 15-16. The event brought together Compliance Week and its sister organization, the International Compliance Association, and more than 200 GRC professionals across industries.
2024-09-16T18:14:00Z By Ruth Prickett
Most businesses think more about their products than what they come wrapped in, but a recent U.K. penalty against Czech brewery Budweiser Budvar indicates packaging is an increasingly important element in sustainability regulations.
2025-10-06T12:04:00Z By Ruth Prickett
Global pressure for sustainability reporting is rising. Despite political uncertainty and regulatory delays, companies continue to improve reports for regulators and stakeholders with the help of AI.
2025-09-29T20:59:00Z By Ruth Prickett
Most major organizations are not changing their ESG reporting plans, despite “regulatory ambiguity”, according to a report by consultancy KPMG. The researchers say this indicates market expectations are driving action as much as legal requirements.
2025-07-26T01:58:00Z By Aly McDevitt
The SEC refused to say whether it would enforce its landmark Climate-Related Disclosure Rules in a status report filed Wednesday, deepening uncertainty as the regulation faces legal challenges.
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