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.
2025-10-15T19:43:00Z By Jaclyn Jaeger
Under the Trump administration, the Department of Health and Human Services and the Food and Drug Administration have been hellbent on eliminating synthetic food dyes from food and beverage products, forcing a jarring and costly overhaul with cascading impacts on the operations of the entire industry.
2025-10-08T20:08:00Z By Ruth Prickett
Private companies that are keen to trade their shares but do not wish to become listed have gained another way to trade their shares. The U.K. government completed its initial review and published rules for the system in June.
2025-10-03T21:24:00Z By Adrianne Appel
While the Trump administration may have shifted away from pursuing small, white-collar, financial crimes, its focus on health care fraud cases is as hot as ever.
Site powered by Webvision Cloud