In recent years, the world has come to recognise that our economy and biodiversity are deeply intertwined. Biodiversity, which refers to the variety of life on Earth, plays a crucial role in sustaining ecosystems and, by extension, human well-being and...

Companies affected by the EUDR The EU Deforestation Regulation (EUDR), which came into force in June 2023, is a product-related regulation that aims to ensure deforestation-free supply chains and aims at reducing global deforestation. In this way, the EUDR is...

Human rights related risks can be the most complex area for C-suite executives to manage in sustainability reporting. Growing challenges and increased recognition for lack of in-house expertise in this area have emerged from our latest C-suite barometer. Indications suggest...

As the call for responsible business gains momentum, privately owned businesses are looking at how to step up their efforts on integrating environmental, social and governance (ESG) factors into business models. As new reporting requirements emerge and investors increasingly assess...

Preparers implementing sustainability reporting under the IFRS Sustainability Disclosure Standards (IFRS SDS) face various challenges. While broadly similar to those faced using the European Sustainability Reporting Standards ESRS or the Global Reporting Initiative (GRI) standards, some variations will occur due...

The long-expected adoption of the Corporate Sustainability Due Diligence Directive (CSDDD) by the EU parliament on 24 April 2024 is an important complement to existing regulations. Companies in scope should now fully familiarise themselves with CSDDD requirements and understand them...

Following years of negotiations among EU institutions and Member States, the EU parliament adopted the Corporate Sustainability Due Diligence Directive (CSDDD) on 24 April 2024. The directive now also needs to be formally endorsed by the Council, signed and published...

As an approach, sustainability reporting offers organisations a framework to re-envisage and repurpose the business model. Importantly, by helping to improve company and investor-specific information, sustainability reporting can be used to inform and enrich strategy. Sustainability information helps organisations analyse...

In the fight against global warming, one of the significant outcomes of COP28 in Dubai was the recognition that biodiversity is inextricably and strategically linked to climate change. COP28 discussions supported the Kunming-Montreal Global Biodiversity Framework (GBF) adopted during COP15,...

A raft of new pledges at COP28 ended the climate summit in Dubai on a positive note in contrast to previous years. However, despite pledges to triple renewables and cut methane emissions, the consequences of global warming remain a huge...