- Topics
- Training
- Events
- Webcasts
- Resources
- CW Exclusives
- Membership
“For tracking litigation, enforcement, and regulatory developments, Compliance Week
should be your prime source.”- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
Close menu
- Home
-
Topics
- Back to parent navigation item
- Topics
- Accounting & Auditing
- AML
- Anti-Bribery
- Anti-Corruption
- Boards & Shareholders
- Cybersecurity
- Data Privacy
- ESG/Social Responsibility
- Ethics & Culture
- Europe
- Financial Services
- GRC Appointments
- Internal Controls
- Regulatory Enforcement
- Regulatory Policy
- Risk Management
- Sanctions
- Surveys & Benchmarking
- Supply Chain
- Technology
- Third Party Risk
- Whistleblowers
- Compensation
- GDPR
- Internal Investigations
- Opinion
- Training
- Culture
- GRC Announcements
- My Compliance Library
- Ask Amii Mailbag
- Nailed It or Failed It
- Risk and Regulatory Compliance
- Accounting and Audit
- Training
- Events
- Webcasts
- Resources
- CW Exclusives
- Membership
ESG/Social Responsibility
- Terms and Conditions
- Privacy Policy
- Do Not Sell My Info
- © 2024 Compliance Week
Site powered by Webvision Cloud
FCA publishes guidance on anti-greenwashing rule
2024-04-23T19:29:00+01:00By Aaron Nicodemus
The U.K. Financial Conduct Authority issued new guidance on how to comply with its upcoming anti-greenwashing rule, which is set to take effect May 31.
Report: Poor awareness of supply chain disclosure regs leaving firms exposed
2024-04-23T15:44:00+01:00By Ruth Prickett
Compliance failures in the supply chain are hampering organizations’ efforts to implement environmental, social, and governance initiatives and meet disclosure requirements, according to a new report by U.K. law firm Burges Salmon.
U.S. senator calls for Temu ban over forced labor, privacy concerns
2024-04-17T16:32:00+01:00By Jeff Dale
Sen. Tom Cotton (R-Ark.) is calling on the Biden administration to investigate and ban Chinese e-commerce company Temu over forced labor and data privacy violation concerns.
ECHR ruling opens door to climate change litigation on basis of human rights
2024-04-15T13:47:00+01:00By Ruth Prickett
By holding the Swiss government accountable for failing to do more to limit climate change, a ruling by the European Court of Human Rights might have significant implications for legislators and organizations in other countries across the European Union.
Experts: ESG gone mainstream, but new regs still create headaches
2024-04-09T18:24:00+01:00By 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.
Data, consumer support key to conveying value of compliance
2024-04-09T11:39:00+01:00By Adrianne Appel
Presenting data to the board and providing examples of positive consumer response to ethical decision-making help compliance departments demonstrate value beyond keeping an organization in line with rules and regulations, experts discussed at Compliance Week’s 2024 National Conference.
SEC concludes VW emissions case with $48.8M judgment
2024-04-08T17:05:00+01:00By Jeff Dale
Volkswagen Group of America Finance was ordered to pay $48.75 million as part of a final judgment obtained by the Securities and Exchange Commission to resolve historical violations related to the automaker’s emissions scandal.
CW2024 leadership panel on navigating scrutiny, prep for more change
2024-04-08T12:34:00+01:00By Kyle Brasseur
The global political landscape should be high on the risk radar of compliance officers in 2024, according to compliance leaders speaking at Compliance Week’s 2024 National Conference, along with increased regulatory scrutiny toward forced labor, ESG, and M&A.
Legal pushback prompts SEC to stay climate-related disclosure rule
2024-04-05T16:40:00+01:00By Aaron Nicodemus
The Securities and Exchange Commission delayed implementation of its climate-related disclosure rule until the courts can rule on appeals filed in response to the controversial policy.
CBP stats show persistent problem areas under UFLPA
2024-04-01T13:33:00+01:00By Aaron Nicodemus and Adrianne Appel
It’s been nearly two years since the Uyghur Forced Labor Prevention Act took effect, and as enforcement statistics and recent reports demonstrate, many businesses are still not adequately vetting their supply chains.
U.K. sets recommendations to address misogyny in finance
2024-03-28T13:59:00+00:00By Ruth Prickett
Sexism, sexual assault, and bullying are rife at financial services organizations, according to a recent report by the U.K. Treasury Committee. “The government and financial regulators have important roles to play in driving change,” the committee said.
EU regs for energy-efficient buildings raise questions for commercial property
2024-03-26T14:00:00+00:00By Ruth Prickett
Organizations with property in the European Union should be asking more questions about their sustainability and emissions in light of revised plans to decarbonize buildings across the region.
Experts: Legal noise around SEC climate disclosure rule no excuse for standing still
2024-03-20T16:03:00+00:00By Aaron Nicodemus
Legal experts are advising their public company clients to move forward with plans to comply with the SEC’s climate-related disclosure rule, despite lawsuits and other challenges being brought against the controversial policy in the aftermath of its approval.
EU due diligence directive back on track, despite concession concerns
2024-03-18T14:57:00+00:00By Ruth Prickett
The future of the EU’s Corporate Sustainability Due Diligence Directive was thrown into doubt when the European Council failed to endorse proposals. The directive is back on track after being agreed upon, albeit in weaker form.
Policy changes underscore need for enhanced child labor due diligence
2024-03-18T13:20:00+00:00By Aaron Nicodemus and Adrianne Appel
Rooting out potential child or forced labor violations in your company’s supply chain can have benefits beyond protecting reputation and being ethically sound. The process can also help your firm comply with pending child labor laws in other jurisdictions.
Departing ABN AMRO risk chief says climate, cyber among priorities
2024-03-15T19:27:00+00:00By Kyle Brasseur
Tanja Cuppen, chief risk officer of ABN AMRO, shared her view on the Dutch bank’s biggest risk focus areas and the accomplishments of her tenure a month ahead of her planned departure.
Study: Climate transition impact reporting still lacking
2024-03-14T14:15:00+00:00By Ruth Prickett
Large polluters are failing to account for climate change impact and adaptation, but policymakers need to harmonize disclosure requirements to drive coherent action.
Want to be an ethical supply chain influencer? It’s all about the ‘collab’
2024-03-13T12:10:00+00:00By Gwendolyn Hassan, CW guest columnist
Supply chain and ethics and compliance professionals could take a page out of the social media influencer playbook and look to collaborate with suppliers more to create their own win-win scenarios.
DOL seeking more authority in crackdown on child labor violations
2024-03-12T16:56:00+00:00By Adrianne Appel
The Department of Labor has stepped up its enforcement of child labor law amid a concerning rise in child labor exploitation, yet the agency acknowledges its resources are not great enough to be a significant deterrent for such misconduct.
Child labor violations are on the rise in U.S. Are they in your supply chain?
2024-03-11T16:31:00+00:00By Aaron Nicodemus
The compliance community has not been spending time addressing a problem mistakenly thought to be a rarity: The proliferation of child labor violations occurring in the United States.
EU to ban sale of products made with forced labor
2024-03-08T15:20:00+00:00By Ruth Prickett
The European Union announced an agreement to ban products made with forced labor, a decision that will oblige organizations to track and declare more information about their supply chains for goods entering EU markets.
Concessions can’t save ‘cursed’ SEC climate disclosure rule from scrutiny
2024-03-07T00:02:00+00:00By Aaron Nicodemus
The Securities and Exchange Commission finally approved its ground-breaking climate-related disclosure rule, nearly two years since it was originally proposed. Though the agency significantly watered down aspects of its proposal, the rule is already facing the prospect of legal challenge.
Experts: What to expect ahead of SEC climate-related disclosure rule vote
2024-03-05T22:06:00+00:00By Aaron Nicodemus
Nearly two years after it was first proposed, the Securities and Exchange Commission is finally poised to approve its climate-related disclosure rule—albeit a watered-down version, by all indications.
NYAG lawsuit: JBS misleading public with sustainability claims
2024-02-29T20:54:00+00:00By Kyle Brasseur
Two U.S. subsidiaries of Brazilian meat processing company JBS are the subject of a lawsuit filed by the New York attorney general accusing the businesses of using misleading statements and marketing regarding their environmental commitments.
Best practices for determining need for a human rights policy
2024-02-29T13:21:00+00:00By Ruth Prickett
Does your business need a human rights policy? An increasing number of organizations believe they do, according to research firm Gartner.
Grewal: Investors care about ESG claims—so do SEC enforcers
2024-02-27T20:34:00+00:00By Adrianne Appel
Environmental, social, and governance issues are increasingly material to investors, and the Securities and Exchange Commission is checking to ensure businesses’ ESG statements are above board, according to the agency’s enforcement director.
Walmart shares successes behind supplier emissions reduction initiative
2024-02-27T12:25:00+00:00By Kyle Brasseur
Retail giant Walmart announced the completion of an initiative to reduce emissions in its supply chain six years earlier than its intended target.
Q&A: ManpowerGroup compliance director on CSRD prep efforts
2024-02-19T14:00:00+00:00By Ruth Prickett
James Levey, compliance director at global recruitment agency ManpowerGroup, discusses with Compliance Week his focus on preparing the group’s European operations to gather the data required for compliance with the EU’s Corporate Sustainability Reporting Directive.
Verifiable data key as companies begin TNFD-aligned disclosures
2024-02-15T14:47:00+00:00By Ruth Prickett
More than 320 organizations worldwide committed to disclosing their impact on nature following the recommendations of the Taskforce on Nature-Related Financial Disclosures.
Jury out on viability of AI in ESG reporting
2024-02-05T12:13:00+00:00By Neil Hodge
Tech vendors believe ESG reporting is a ripe market for artificial intelligence to help companies sift through data and ensure compliance with both mandatory and voluntary reporting standards. Compliance officers appear less sure.
Q&A: LKQ sustainability VP on importance of environmental data
2024-02-01T14:01:00+00:00By Ruth Prickett
Richard Brasher, vice-president of sustainability at multinational automotive parts company LKQ Corp., discusses with Compliance Week his view on the added attention sustainability initiatives are receiving and where improvement remains.
Business groups sue to halt California climate disclosure laws
2024-01-30T21:20:00+00:00By Aaron Nicodemus
A coalition of business groups filed a lawsuit opposing two California laws that require large businesses to make climate-related disclosures, calling it a fight against illegal and excessive government overreach.
Ten things I’d like to see happen in 2024
2024-01-08T16:02:00+00:00By Kyle Brasseur
Election years in the United States, United Kingdom, and at European Parliament, along with ongoing geopolitical tensions, make 2024 difficult to predict—aside from the expectation compliance officers will be busy.
Compliance with CSRD, CS3D, national laws an EU balancing act
2023-12-28T14:50:00+00:00By Neil Hodge
Companies could be in danger of failing to comply with a raft of social responsibility-minded legislation at the European Union and national level because they might mistakenly think duties on corporates overlap when they do not.
Unilever facing U.K. probe into green claims
2023-12-12T20:25:00+00:00By Kyle Brasseur
Consumer goods company Unilever will be scrutinized by the U.K. Competition and Markets Authority regarding its marketing of certain products as environmentally friendly.
SEC fall regulatory agenda: Climate disclosure rule targeted for 2024
2023-12-07T17:48:00+00:00By Kyle Brasseur
The Securities and Exchange Commission’s latest regulatory agenda remains packed with proposals in the final rule stage, most notably the agency’s climate-related disclosure package.
CPE Webcast: Navigating the 2024 ESG landscape
2023-12-07T14:00:00+00:00Provided by AuditBoard
Gain a greater understanding of the current ESG landscape and learn how technology solutions can help you manage your program
CFTC proposes guidance for voluntary carbon credits
2023-12-04T19:28:00+00:00By Kyle Brasseur
The Commodity Futures Trading Commission promoted the need for developing high-integrity voluntary carbon markets in publishing proposed guidance for the listing of voluntary carbon credit derivative contracts.
FCA adopts rule package aimed at thwarting greenwashing
2023-11-29T19:49:00+00:00By Kyle Brasseur
The Financial Conduct Authority will implement a series of rules to minimize instances of “greenwashing” in the U.K. market.
More companies enter ‘discovery phase’ of ESG reporting in 2023
2023-11-28T16:00:00+00:00By Aly McDevitt
Climate-related disclosure efforts are amplifying year over year, despite persistent and persnickety pain points, as more organizations widen the scope of their ESG journeys, our “Inside the Mind of the CCO” survey found.
Supply chain due diligence must go beyond self-assessments
2023-11-01T14:00:00+00:00By Neil Hodge
So many companies rely on suppliers to self-certify they comply with buyers’ codes of business conduct that the practice is “almost useless,” a panel of experts discussed at Compliance Week’s Europe conference in London.
Banking regs release climate-related risk management framework
2023-10-25T18:32:00+01:00By Aaron Nicodemus
Federal banking regulators issued a long-promised framework that provides guidance on the safe and sound management of climate-related financial risks at large banks.
Social risks prove tripping point in early CSRD compliance efforts
2023-10-24T14:00:00+01:00By Neil Hodge
Companies are still struggling to report meaningfully on societal risks as part of their efforts to meet demands for better environmental, social, and governance disclosures, experts discussed at Compliance Week’s Europe conference in London.
Compliance cost concerns raised as California enacts climate disclosure laws
2023-10-11T17:42:00+01:00By Kyle Brasseur
The governor of California signed off on a pair of bills containing requirements for large businesses operating in the state to make disclosures regarding their climate-related risks and impacts, though not without mentioning work to be done on the compliance ramifications associated with each law.
Deutsche Bank unit ESG fine less about greenwashing, more about disclosures
2023-10-03T16:58:00+01:00By Aaron Nicodemus
The $19 million fine against DWS Investment Management Americas levied by the SEC wasn’t to punish greenwashing, experts said, but rather a penalty imposed for the firm not doing what it claimed related to its environmental, social, and governance investment strategy.
DHS designates three Chinese companies for Uyghur forced labor
2023-09-28T19:32:00+01:00By Jeff Dale
The Department of Homeland Security designated three companies to a growing list accused by the Biden administration of forced labor practices in the Xinjiang region of China.
Assessing the value of COSO sustainability reporting guidance
2023-09-26T13:27:00+01:00By Adrianne Appel
Companies that haven’t yet set up verifiable reporting in their sustainability programs have a ready reference available in the framework put out by the Committee of Sponsoring Organizations of the Treadway Commission, experts discussed at CW’s virtual ESG Summit.
Deutsche Bank unit fined $25M in ESG, AML settlements
2023-09-25T17:26:00+01:00By Kyle Brasseur
DWS Investment Management Americas agreed to pay $25 million in penalties across separate settlements with the Securities and Exchange Commission addressing alleged misstatements in environmental, social, and governance investments and anti-money laundering violations.
Startup or established: Common denominators of corporate ESG strategy
2023-09-25T15:08:00+01:00By Aly McDevitt
A pair of experts from vastly different companies swapped notes on how to scaffold and structure an environmental, social, and governance program at CW’s virtual ESG Summit.
Experts: How ESG materiality assessments impact compliance
2023-09-22T12:52:00+01:00By Jeff Dale
Transparency in environmental, social, and governance reporting has become an important goal, with materiality assessments impacting compliance outcomes, experts said during CW’s virtual ESG Summit.