- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Ruth Prickett2024-03-18T14:57:00
The future of the EU’s Corporate Sustainability Due Diligence Directive (CS3D) was thrown into doubt when the European Council failed to endorse proposals last month. The directive is back on track after being agreed upon Friday, albeit a weaker version.
Environmental campaigner ClientEarth warned in a press release the late negotiations led to significant concessions. The directive will now apply to organizations with more than 1,000 employees, rather than 500, and with a turnover of 450 million euros (U.S. $490 million), instead of €150 million (U.S. $163 million), meaning only a third of the businesses that would have been impacted will now be in scope.
Anaïs Berthier, head of ClientEarth’s Brussels office, said the agreement had come “at a high price.”
2024-07-09T19:08:00Z By Ruth Prickett
Codes of ethics and conduct are becoming ubiquitous, yet instilling high standards of corporate integrity still seems an elusive goal. Why is corporate culture such a challenge?
2024-05-03T13:34:00Z By Ruth Prickett
The impending decision by the European Parliament to withdraw from the international Energy Charter Treaty and adopt further climate rules sets a clear direction for green regulations in the region.
2024-04-09T18:24:00Z By Aaron Nicodemus
Environmental, social, and governance goals have gained acceptance from senior leadership because of upward pressure from employees, investors, and customers, according to compliance leaders speaking at Compliance Week’s 2024 National Conference.
2025-07-03T15:51:00Z By Ruth Prickett
The EU’s new strategy aims to boost SME growth and cut market barriers, but businesses doubt reforms will happen, and consumer groups fear weaker data protections.
2025-06-26T20:22:00Z By Oscar Gonzalez
In another sign of President Donald Trump’s focus on cryptocurrency, the head of the U.S. Federal Housing Finance Agency (FHFA) ordered Fannie Mae and Freddie Mac to create proposals to consider crypto assets for a single-family home mortgage.
2025-06-24T17:21:00Z By Ruth Prickett
Four years after Brexit, the U.K. and EU announced a “reset” that will ease barriers to importing and exporting food, drink, and agricultural produce. It may also harmonize rules around carbon emissions trading systems, simplifying compliance for multinational organizations that are large emitters, and enable more young people to gain ...
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