Modern Slavery is the illegal exploitation of people for personal or commercial gain. Borne out of greed, mismanagement and inequitable power structures, it has taken hold in many of the world’s leading industries, including construction. Modern
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A global securities watchdog plans to publish its first regulatory guidance for raters of corporate environmental, social and governance (ESG) performance in July to stem growing concern among asset managers about overstated green credentials. The
The US Supreme Court yesterday threw out a lawsuit accusing Cargill and a Nestle subsidiary of knowingly helping perpetuate slavery at Ivory Coast cocoa farms but sidestepped a broader ruling on the permissibility of suits
Britain’s financial watchdog on Tuesday proposed widening the number of companies that should use globally accepted standards for disclosing the impact of climate change on their business. Companies listed on the London Stock Exchange’s premium
Malaysian state-owned energy company Petronas and Indonesian counterpart Pertamina are on a watchlist for removal from JPMorgan’s ESG EMBI index, the bank said in a statement on Tuesday. JPMorgan said both oil majors “are expected
ethiXbase, the award-winning data and risk analytics company, has launched GreenLITE – the latest ESG risk management solution on the market that enables businesses to automatically screen their entire supply chain in a fast and efficient manner.
The German Bundestag has adopted a law that will force companies to respect human rights in their supply chains, despite opposition from some political parties and industry. EURACTIV Germany reports. “We cannot build our prosperity permanently on
President Biden and leaders from G7 will demonstrate that we are unified by our shared values and a collective resolve among major democracies to meet today’s challenges. President Biden and leaders agreed to a set
“This is a good day for human rights,” remarked SPD Labour Minister Hubertus Heil in February as Germany drafted its much anticipated Due Diligence Act targeting human rights and environmental standards in global supply chains. This sentiment is being echoed once again in June
Former European Central Bank President Jean-Claude Trichet will head an advisory group on setting up a global board for sustainability-related company disclosures, the IFRS Foundation said on Monday. The new International Sustainability Standards Board (ISSB),
The push for businesses to be run more sustainably is driving a surge in demand for professionals with environmental, social and governance expertise, according to consultants and recruiters. More than one in five of the
