ESG/Social Responsibility


New COSO guidance tackles sustainability reporting


The Committee of Sponsoring Organizations of the Treadway Commission created a framework for companies seeking to achieve effective internal control over sustainability reporting.


William Hill fined record $23.7M for social responsibility, AML failures


The U.K. Gambling Commission announced three units of British bookmaking service William Hill Group will pay a record fine of £19.2 million (U.S. $23.7 million) for failures regarding social responsibility and anti-money laundering.

SEC building

Vale to pay $55.9M in SEC settlement over dam disclosures


Brazilian mining company Vale agreed to pay $55.9 million to settle Securities and Exchange Commission charges it issued false and misleading statements regarding the safety conditions of its dams.

ESG money

Accounting and reporting challenges of environmental credits


Companies are working on plans to reduce their carbon emissions. The popularity of environmental credits has grown as a way for companies to meet their emission reduction targets.

Texas State Capitol

Anti-ESG fervor catching fire with Republican lawmakers


The blowback against environmental, social, and governance initiatives in investments and corporate strategies is quickly building momentum in conservative politics, with nearly two dozen states proposing bills that limit ESG investments.


CPE Webcast: Accelerating your sustainability journey through robust supplier engagement

2023-02-28T11:00:00+00:00Provided by

As conversations around climate change and inequality intensify around the globe, businesses face increased scrutiny and pressure from regulators, investors, and customers to ESG goals across the value chain—including third parties.


Book review: Why revamping procurement benefits business—and compliance


In “Profit from the Source,” four Boston Consulting Group thought leaders argue why procurement should be shaping corporate strategy, not just supporting it. Author Daniel Weise tells Compliance Week why such a transformation would elevate compliance, too.


Survey: Cybersecurity, regulatory risks lead TPRM priorities in 2023


Respondents to a survey from Compliance Week and Dun & Bradstreet overwhelmingly indicated cybersecurity to be the most important compliance-related area affecting third-party risk management in the new year, though fraud and other risks should still be on their radar.


SEC exam report highlights Marketing Rule, Reg BI, private fund advisers


The Securities and Exchange Commission’s 2023 examination priorities report laid out areas under the microscope this year, including compliance with the agency’s Marketing Rule and Regulation Best Interest.


Report: SEC mulls tweaks to ease climate-related disclosure rule obligations


The Securities and Exchange Commission is reportedly considering pulling back on key elements of its proposed climate-related disclosure rule following pushback from investors, companies, and the public.

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CPE Webcast: TPRM - ESG compliance and German Supply Chain Act

2023-01-31T14:00:00+00:00Provided by

Increasing compliance requirements, including from the German Supply Chain Act, pending Securities and Exchange Commission guidelines, and European Union directives, require a programmatic approach to managing third-party and supply chain risk.


JBS accused of greenwashing in SEC whistleblower complaint


Brazilian meat processing company JBS faces accusations of issuing $3.2 billion worth of “misleading and fraudulent” sustainability bonds in a whistleblower complaint filed with the Securities and Exchange Commission.


Report: Audit committees bracing for increased role in ESG, ERM, cyber


A new report from the Center for Audit Quality and Deloitte found corporate boards are taking a fresh look at their audit committee structures and practices to respond to emerging corporate reporting areas and increased risks.

Forced labor hands

Good faith not good enough in navigating global supply chain laws


Differences in the level of duty of vigilance among supply chain legislation in countries including the United States, United Kingdom, and Germany mean best efforts to root out and stop slave labor and other worker exploitation are not enough, according to experts.

Sustainability measures

Climate and sustainability reporting challenges: Auditors’ perspectives


Partners from several of the top global accounting firms shared perspectives about the state of sustainability reporting and the impact on auditors and their clients at a recent industry event.


Ten things I’d like to see happen in 2023 (2022 in review)


Expect big developments for the compliance profession in 2022 to continue to take center stage in the year ahead, including CCO certifications, climate-related disclosures, and more.

European Parliament

ESG in 2023: CSRD to put new pressures on EU businesses


Corporate reporting on everything from climate change to workers’ rights is set for a shake-up in the European Union, and companies should use 2023 to prepare for new regulations and stakeholder expectations.


Joining the dots between ESG and corruption

2022-12-20T14:00:00+00:00By Ingrida Kerusauskaite and Rory Donaldson, for International Compliance Association

A report from Transparency International UK sets out the case for why business integrity and corruption should be considered as core issues in the context of impact environmental, social, and governance investing.


Does ESG offer opportunity? Or is it just another area for compliance friction?


Compliance practitioners share their experiences navigating responsibilities related to environmental, social, and governance without stepping on the toes of other colleagues.

Emissions measurement

Data gathering, management buy-in among SEC climate rule pain points


Respondents to our “Inside the Mind of the CCO” survey that have begun complying with the Securities and Exchange Commission’s climate-related disclosure rule share the biggest hurdles they’ve faced.


ESG oversight highlighted in annual audit committee transparency report


Public companies continue to increase the overall level of audit committee disclosures in proxy statements, though there is room to improve quality by providing more tailored disclosures and transparency, according to the latest annual report.


Challenges for SPACs: Public company, now what?


Special purpose acquisition company transactions have unique risks and require awareness of what it takes to operate as a public business. Internal controls, governance, technology, and more are essential.

SEC building

Loaded SEC agenda to carry into 2023


The Securities and Exchange Commission is expected to see through its controversial policy proposals from 2022, though the newly Republican-led House could slow the agency’s momentum.

ABB building

TPRM Summit: Experts discuss FCPA lessons learned from ABB settlement


A panel on regulatory trends at CW’s virtual TPRM and Oversight Summit discussed lessons for compliance departments seeking to learn how to guard themselves against bad actors within their own firms contained in ABB’s recent $327 million bribery settlement.


U.S. law to stop Uyghur forced labor remains compliance challenge


It’s been six months since the Uyghur Forced Labor Prevention Act took effect, and businesses are no clearer today on how to comply with it, those familiar with the law said.


Five compliance triumphs from 2022


Positive contributions in the areas of ESG, AI responsibility, and setting standards regarding CCO liability highlight the latest installment of CW’s annual list of laudable ethics and compliance moments.

Goldman Sachs Tower

Goldman Sachs unit fined $4M for ESG investment lapses


Goldman Sachs Asset Management agreed to pay $4 million to settle SEC charges it failed to follow its own policies and procedures regarding a trio of investment products marketed for their environmental, social, and governance considerations.


Understanding ‘green hushing’ and its risks

2022-11-17T15:00:00+00:00By Dan Byrne, for International Compliance Association

“Green hushing” is when a company adopts a radio-silence approach to environmental goals. Many companies do it. Some don’t realize they’re doing it.


CPE Webcast: Building a future-proof ESG program

2022-11-16T14:00:00+00:00Provided by

Learn now to maximize efficiency and achieve operational excellence within your ESG program or get your program started with steps you can take today and into the future regardless of your maturity.

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CPE Webcast: The intersection of ESG and GRC

2022-11-15T14:00:00+00:00Provided by

This discussion will bring together voices from internal audit, risk management, and ESG teams to discuss how they are working together.

ESG vector

CW Europe panelists: ESG reporting still in ‘immature’ phase


Companies are continuing to fail in their efforts to improve environmental, social, and governance reporting, while compliance functions are finding it tough to keep up with demands for better assurance in the area, according to experts.

Corporate reporting

FRC’s corporate governance reporting review finds room for improvement


Companies continue to improve their reporting against the U.K.’s Corporate Governance Code, but the lack of detail about the outcomes and impacts of governance policies hampers proper understanding of how risks are being managed.


Self-help author promotes culture of kindness at CW Europe event


Companies should consider the benefits of “being kind” to promote employee well-being and a better culture of compliance, author David Hamilton shared during a keynote speech at Compliance Week Europe.


KPMG finds large companies ‘on the precipice of a new era’ of ESG reporting


Sustainability reporting has seen steady growth over the past three decades while overall perspectives about environmental, social, and governance reporting have seen dramatic shifts, according to the latest findings of KPMG’s Global Sustainability Report.

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e-Book: Where to start on your ESG journey

2022-10-26T03:27:00+01:00Provided by

Initiating your company’s commitment to reporting its environmental, social, and governance (ESG) metrics can prove a daunting task. But keep in mind: It’s a marathon, not a sprint.


Diversity and inclusion’s power in compliance

2022-10-24T11:30:00+01:00By Holly Thomas-Wrightson, International Compliance Association

A panel of experts hosted by the ICA and Broadgate discussed the impact of diversity and inclusion initiatives on their own lives and why developing effective D&I policies and procedures within a firm is vital to attracting and maintaining talent.


SEC to reopen comment on climate-related disclosure rule, data breach reporting after glitch


The Securities and Exchange Commission will reopen comment periods on 11 rulemaking releases put forward over the past year, including proposals regarding climate-related disclosures and reporting cybersecurity breaches, because of a glitch in its online comment system.


Fed recruits 6 large banks for climate scenario analysis pilot


Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, and Wells Fargo will participate in a pilot climate scenario analysis exercise organized by the Federal Reserve that seeks to enhance climate-related financial risk management efforts in the industry.


ESG Summit: Adapting businesses should look beyond what is financially material


Christopher Geiger, vice president of internal audit and enterprise risk at Lockheed Martin, explained how businesses must form resilience as they prepare for future risks regarding environmental, social, and governance during CW’s virtual ESG Summit.

GHG emissions

ESG experts see shades of conflict minerals for SEC climate disclosure rule


The climate-related disclosure rule proposed by the Securities and Exchange Commission will eventually pass but not before undergoing some changes, practitioners speaking at CW’s virtual ESG Summit predicted.

Supply chain

ESG Summit: Holistic approach to supply chain risk an ‘investment differentiator’


Two experts explained how the C-suite as a whole—not just compliance officers—should be focused on the holistic approach to supply chain risk management during a session at CW’s virtual ESG Summit.


Experts: Where to start on your ESG journey


ESG directors from Tenneco and Amneal Pharmaceuticals shared best practices for businesses broaching the initial phases of environmental, social, and governance reporting at CW’s virtual ESG Summit.

Rite Aid

ESG Summit: How Rite Aid is preparing to comply with SEC’s climate disclosure rule


Amanda Patrick, Rite Aid’s director of ESG/corporate sustainability, shared the retail pharmacy chain’s sustainability journey so far and how it is readying to meet the SEC’s potential disclosure mandates during her keynote address at CW’s virtual ESG Summit.


Ex-CEO of environmental consultant imprisoned 3 years for false reports


DiAne Gordon, the former CEO and co-owner of Environmental Compliance & Testing, was sentenced to three years in prison for fabricating water quality reports that were sent to state environmental agencies.

Work remote

NAVEX survey: Remote work, whistleblower trends to test speak-up cultures


Maintaining a speak-up culture requires increased attention from businesses with many employees still working remote, putting more of an onus on the reporting function, according to the latest NAVEX study.


OCC names chief climate risk officer to lead new office


The Office of the Comptroller of the Currency has reinforced its commitment to confronting risks posed by climate change with the appointment of Yue (Nina) Chen as chief climate risk officer.


FRC: 12 best practices for better ESG data collection


The U.K. Financial Reporting Council released guidance on how companies can collect and use environmental, social, and governance data to inform better decision-making.


EU countries take varied approaches to combating greenwashing


European regulators are taking greater steps to clamp down on companies’ misleading ESG claims, but experience shows different countries have differing priorities about tackling dishonest marketing.

esg training device cluster 2022

On-demand training: Everything you need to know about ESG but were afraid to ask


Take this self-directed, interactive course to deepen your understanding of the increasing importance of environmental, social, and corporate governance initiatives and how ESG planning processes can help manage risks and lead to better reporting outcomes.

Human trafficking

How compliance can help prevent human trafficking

2022-08-01T17:49:00+01:00By David Povey, International Compliance Association

There are many organizations that seek to prevent human trafficking, but their work can sometimes seem distant and detached from our roles as compliance professionals. We must consider how to bridge that gap, with a particular focus on supply chains.