News & Analysis as of

Disclosure Requirements Due Diligence Supply Chain

Cooley LLP

In new GAO report, some distressing news about SEC’s conflict minerals rules and violence in DRC

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“Conflict Minerals—Peace and Security in Democratic Republic of the Congo Have Not Improved with SEC Disclosure Rule.” That is the title of the final required report of the U.S. Government Accountability Office, the last of...more

Society of Corporate Compliance and Ethics...

[Virtual Event] ESG and Compliance Conference - November 7th, 8:00 am - 5:00 pm CT

Stay on top of ever-evolving ESG requirements and emerging trends - With the SEC’s newly issued rules surrounding ESG disclosures and the continued growth of regulations rolling out in the EU, Canada, Asia and elsewhere...more

Latham & Watkins LLP

The EU’s Corporate Sustainability Due Diligence Directive - Obligations for Companies

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On 5 July 2024, the final text of the Corporate Sustainability Due Diligence Directive (CSDDD) was entered into the Official Journal of the EU. The CSDDD will enter force on 25 July 2024. This marks the final key step in the...more

Latham & Watkins LLP

EU Adopts Corporate Sustainability Due Diligence Directive

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The CSDDD is set to impose mandatory human rights and environmental due diligence obligations for in-scope companies. On 5 July 2024, the Corporate Sustainability Due Diligence Directive (CSDDD) was published in the...more

NAVEX

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

NAVEX on

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

Latham & Watkins LLP

EU Parliament Approves Supply Chain Sustainability Rules

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On 24 March 2024, the European Parliament approved the Corporate Sustainability Due Diligence Directive (CSDDD) with a vote of 374 in favour (compared with 235 votes against and 19 abstentions)....more

Foley & Lardner LLP

Promoting Human Rights and Environmental Sustainability: Integrating Ethics into the Supply Chain

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Companies of all sizes are increasingly scrutinized on adherence with Environmental, Social, and Governance (“ESG”) metrics. In particular, manufacturers and customers at both ends of the supply chain are evaluated on metrics...more

King & Spalding

The New EU Corporate Sustainability Reporting Directive: What Does It Mean For Non-EU Companies?

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The new EU Corporate Sustainability Reporting Directive (“CSRD”) is set to revolutionize ESG reporting for companies around the world. Certain large EU companies are already conducting double materiality assessments and...more

Pillsbury Winthrop Shaw Pittman LLP

Interim Rule Establishes New Supply Chain Diligence Requirements for Contractors

A new interim rule aimed at safeguarding the federal supply chain prohibits contractors from delivering or using covered articles and sources subject to exclusion or removal orders issued under the Federal Acquisition Supply...more

Ius Laboris

ESG update: South Korea

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In this article we look at this year’s ESG trends from a South Korean perspective. What impact can we expect from international reporting measures? And what local measures are being considered?...more

Cooley LLP

GAO reports on conflict minerals compliance in 2022

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The GAO has just issued its 2022 Report on Conflict Minerals, which examines companies’ conflict minerals compliance in 2022. As you probably know, the SEC’s conflict minerals rules were originally mandated by Congress in an...more

Paul Hastings LLP

Don’t be Afraid of Mandatory Human Rights Due Diligence in the EU … It’s Already Here

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The European Union’s Draft Corporate Sustainability Due Diligence Directive (“CSDDD”) continues to generate ample attention and feedback. At its core, the proposed directive seeks to apply the due diligence formula of the UN...more

Foley & Lardner LLP

Top Legal Issues Facing the Manufacturing Sector in 2022

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As the global economy faces the third year of the pandemic, manufacturers are no longer focused on figuring out when things will return to “normal.” Instead, they are applying lessons learned from the past few years to become...more

Dechert LLP

Global impact of the European Commission ESG draft Directive on corporate sustainability due diligence

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On 23 February 2022, the European Commission adopted a proposal for a Directive on corporate sustainability due diligence. The impact of this legislation on companies meeting the required thresholds based in the EU and doing...more

Clark Hill PLC

ESG in 2022 and Beyond: Recent and Emerging Trends

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Outside the United States, particularly in the European Union (EU), the assessment and reporting of corporate Environmental, Social, and Governance (ESG) considerations and risks have already become legal requirements. In the...more

Morgan Lewis

New York Fashion Sustainability Act Would Affect Most Major Brands

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Dear Retail Clients and Friends, This edition of Morgan Lewis Retail Did You Know? examines the pending New York Fashion Sustainability and Social Accountability Act (S7428/A8352), which, if passed by the state legislature,...more

Pillsbury Winthrop Shaw Pittman LLP

New York State Fashion Act Proves That ESG Is Haute Couture

Continuing the recent trend of promoting sustainability and accountability among businesses, the proposed legislation would change the way in which major players in the fashion industry approach their operations....more

Dechert LLP

The Growing Importance of ESG-Related Supply Chain Due Diligence

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There is an increasing legislative trend towards holding companies accountable for their own ESG practices as well as those of business partners within their supply chain. ...more

Fox Rothschild LLP

New York Targets Fashion Industry With Proposed Sustainability and Social Accountability Legislation

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In the latest example of the government attempting to regulate the environmental and social impact of public and private businesses, the New York Legislature is considering legislation that targets the fashion industry. If...more

ArentFox Schiff

New York State Fashion Act Would Put Fashion Industry Under the Spotlight

ArentFox Schiff on

The New York State Fashion Sustainability and Social Accountability Act (S7428/ A8352) (Fashion Act) would require fashion retailers and manufacturers doing business in New York State to comply with stringent supply chain...more

Hogan Lovells

UK Public Markets Snapshot – ESG Means Business (Part 1) September 2021

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In Part 1 of our September Public Markets Snapshot, we focus on recent ESG developments affecting UK corporates and their advisers. In Part 2 “what to watch out for”, we’ll summarise key ESG points coming down the track...more

NAVEX

US Conflict Minerals Management: Is Your Supply Chain at Risk?

NAVEX on

As economies start to reemerge from COVID crisis mode, environmental, social, and corporate governance (ESG) factors are rising in importance. A global survey conducted by NAVEX Global shows that 67 percent of respondents in...more

Jones Day

ESG Risks for Financial Institutions: Eliminating Significant "Gotchas"

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The Background: Demand for environmental, social, and governance ("ESG")-aligned companies and investment products is transforming the investing landscape. Financial institutions will be at the forefront of this change, as...more

Ballard Spahr LLP

COVID-19 Outbreak Creates Disclosure and Due Diligence Challenges

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Disclosure to municipal bond investors of material risks stemming from the coronavirus outbreak presents a serious concern in the municipal securities industry. This is particularly true in certain sectors, including bonds...more

White & Case LLP

Digitalising the mining & metals global supply chain: 2019 sustainability update

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As corporate responsibility evolves, and the focus on corporate sustainability grows, more businesses in the mining and metals and related sectors are referencing the long-term potential of blockchain technology and platforms...more

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