News & Analysis as of

Environmental Social & Governance (ESG) Modern Slavery Act

Skadden, Arps, Slate, Meagher & Flom LLP

UK Modern Slavery Act: The Future of Transparency in Supply Chains

When the UK Modern Slavery Act 2015 (Act) came into force, it was considered a landmark legal development globally. The UK was one of the first jurisdictions to introduce a legal requirement concerning transparency in supply...more

NAVEX

Supply-Chain Risk Is Eating the World

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Ethics and compliance officers have long had an uneasy relationship with corporate sustainability efforts, mostly because most compliance officers aren’t quite sure they want – or know how to handle – responsibility for it. ...more

NAVEX

Supply Chain Regulations and Exposure – How to Manage Third-Party Risk and Beyond

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If the term “nth supplier” joined your vocabulary recently, you’re not alone. If you haven’t heard the term until now, don’t worry – you’ll be hearing it frequently soon enough. The “nth” supplier is the mythical last...more

NAVEX

Addressing Human Rights in the Supply Chain

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The human element in your supply chain - There is little risk in claiming that ESG (Environment, Social, Governance) has been one of the most used acronyms over the last few years. Some salient examples that changed how...more

K&L Gates LLP

New South Wales Anti-Slavery Commissioner Publishes Guidance on Managing Modern Slavery Risks

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Introduction - Over 400 New South Wales (NSW) government entities, including government agencies, state owned corporations, and councils (collectively, Covered Entities) are required to conduct modern slavery due diligence...more

A&O Shearman

What UK readers could not get enough of in 2023 the top five blog posts revealed

A&O Shearman on

2023 saw a raft of UK law reforms concerning economic crime and continued scrutiny of business risk concerning human rights and greenwashing. This is reflected in the blogs our subscribers were most interested in reading in...more

K&L Gates LLP

Is 'Freedom-Washing' the New Greenwashing, and What are its Legal Consequences?

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Companies will often make representations about modern slavery as part of their environmental, social and governance (ESG) measures.  In this article, we consider whether potentially false or misleading claims about modern...more

Ius Laboris

ESG update: Australia

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In Australia, heightened enforcement activity, proposed regulatory regimes focused on ESG matters and other market developments are influencing the ESG risks and priorities for organisations operating here....more

Morgan Lewis

Responsible Labor Report: 2022–2023

Morgan Lewis on

The prevention of forced labor in the global supply chain has been elevated in visibility and consequence over the last several years. In 2022, the emphasis focused largely, though not exclusively, on trade remedies. The...more

Morrison & Foerster LLP

“We’re waving a flag for women when it comes to our portfolio companies”

Morrison & Foerster LLP on

Q. How mature is the ESG debate in Asia? Haide Lui: There’s a hierarchy to that answer. On the one hand, many of the businesses in region, particularly in Greater China (where we are), are not yet particularly focused on...more

K&L Gates LLP

Australia's Review of Its Groundbreaking Commonwealth Modern Slavery Act 2018 and What It Means for Your Business

K&L Gates LLP on

Three years after the enactment of the Modern Slavery Act 2018 (Cth) (Act), the Australian Government has released an Issues Paper for public consultation. It seeks to identify the effectiveness of the Act since its inception...more

American Conference Institute (ACI)

[Event] European Flagship Conference on Anti-Corruption - September 20th - 21st, London, United Kingdom

C5’s 16th International Conference on Anti-Corruption London is taking place on 20–21 September! With so much anticipation to reunite face-to-face and compare notes, don’t miss out on re-connecting with the “who’s who” of the...more

The Volkov Law Group

Private Attorneys General: Enforcing Human Rights Through Corporate Supply Chain and Risk Management (Part I of II)

The Volkov Law Group on

The Covid-19 pandemic and Russia’s aggression in Ukraine have disrupted supply chains and heightened the need for supply chain due diligence to ensure business continuity and sustainability. Coupled with these events are...more

Morrison & Foerster LLP

FRC Report Highlights Shortcomings in UK Modern Slavery Corporate Reporting

On 25 April 2022, in collaboration with the UK Independent Anti-Slavery Commissioner, the Financial Reporting Council (“FRC”) published a report on Modern Slavery Reporting Practices in the UK (the “Report”). ...more

Hogan Lovells

Fair Trade and Fair Supply Chains

Hogan Lovells on

Numerous companies have engaged for decades - on a voluntary basis – to ensure observance of fair-trade standards, human rights due diligence, and environmental protection, taking responsibility for their supply chains,...more

Latham & Watkins LLP

ESG on the Rise in M&A Transactions

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Dealmakers should continue to weigh the impact of ESG issues on M&A deals as ESG standards evolve. Environmental, social, and governance (ESG) issues have become increasingly important for corporates in recent years,...more

Society of Corporate Compliance and Ethics...

[Webinar] Modern Slavery & Supply Chain Compliance in the UK & the EU - November 16th, 12:00 pm - 1:30 pm CST

Learning Objectives: - Understanding what the UK modern slavery regime is all about and what the key recent developments have been, including possible changes to the rules, the new registry and compliance letter campaign,...more

Barnea Jaffa Lande & Co.

ESG: The New Must-Have in the Due Diligence Process

An assessment of environmental, social, and governance (ESG) factors has become an integral part of the due diligence review of companies. Such assessment may provide a potential acquirer with a detailed analysis of a...more

McDermott Will & Emery

The New German Supply Chain Due Diligence Act (With a View Across the Border)

McDermott Will & Emery on

On 11 June 2021, the German Federal Parliament approved the draft bill on corporate due diligence in supply chains (Supply Chain Due Diligence Act), which was approved by the German Federal Council without any changes on 25...more

Fox Rothschild LLP

What Companies Should Know About Modern Slavery

Fox Rothschild LLP on

Companies are increasingly focusing on the environmental, social and governance (ESG) aspects of their businesses. In 2019, 90% of the S&P 500 index companies published sustainability reports. In contrast, in 2011, only 20%...more

Morrison & Foerster LLP

EU Set To Introduce Mandatory Environmental And Human Rights Due Diligence Law

Addressing the responsibility and accountability of companies in relation to their environmental and human rights impact has long been at the top of the agenda at the European level. On 10 March 2021, the European Parliament...more

Vinson & Elkins LLP

International Human Rights Litigation Coming Home With Help From The Canadian Senate And The U.S. SEC

Vinson & Elkins LLP on

In the past, U.S. and Canadian courts have not been receptive to litigation of human rights issues solely related to plaintiffs who are neither citizens of nor located in either country. These courts believed that what...more

Latham & Watkins LLP

ESG Litigation Roadmap: What You Need to Know - Fall 2020

Latham & Watkins LLP on

Followers of the financial press will not have failed to note the prominence of Environmental, Social, and Governance (ESG) developments in recent years, whether through regulatory proposals, statements from asset managers...more

Skadden, Arps, Slate, Meagher & Flom LLP

Finding the ‘S’ in ESG: Boardroom and Employee Considerations

Investors have historically overlooked social factors amid a focus on the environmental and governance counterparts as they assess the merit of an investment. This may have been due in part to the difficulty in quantifying...more

NAVEX

Supply Chains Under Scrutiny: Targeting Human Rights and Forced Labor Risks

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This summer, one of the UK’s best-known online brands found its supply chain at the center of a high-profile modern slavery investigation. Within hours of the story breaking the company’s share price plummeted, as...more

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