The German Supply Chain Due Diligence Act (SCDDA) – known in Germany as Lieferkettensorgfaltspflichtengesetz or LkSG – will come into force on 1 Jan 2023. It champions sustainable business practices and sets the course [...]
By Elliott Yama and Brian Zawada, Riskonnect Published by DRJournal, October 10, 2022 You’ve probably heard the three letters “ESG” used together as part of a risk management or compliance discussion, but what does the [...]
By Kevin Crow, Chief Human Resource Officer, RiskonnectPublished by HRO Today, October 27, 2022In the midst of The Great Resignation, organizations can benefit from showcasing their commitment to social and environmental matters.More than four million [...]
With customers, investors, and other stakeholders clamoring for credible ESG information, organizations are compelled to increase transparency – and selecting an ESG framework is one of the first steps. What is an ESG Framework? An [...]
The SEC’s new proposal for climate disclosures includes reporting on Scope 3 emissions for large U.S. public companies. While the proposals have been expected for some time, reporting on Scope 3 emissions is particularly challenging. [...]
Environmental Social and Governance (ESG) is having a major impact on businesses. Prompted by customers, investors and regulators, managers are moving to address ESG risk in their offerings, operations, and supply chains. The moment for [...]
Most businesses didn’t anticipate having to simultaneously handle so many disruptions in supply chain, stemming from the combined impacts of an ongoing pandemic, a severe crunch for talent, and Russia’s invasion of Ukraine. Pandemic-driven shortages [...]
Is it ESG sustainability or ESG and sustainability? The two terms often get thrown around together, but are they interchangeable? It’s true that there are definite similarities. Both terms are used to convey a corporate [...]
Companies are under growing pressure from consumers, regulators, and advocacy groups to be more forthcoming about their ESG practices – and that includes supply chain transparency. Many organizations have already taken steps to address carbon [...]
Climate change has the potential to drastically affect the insurance industry. As the climate continues to shift, insurers are facing growing challenges related to extreme weather events, rising sea levels, and more frequent natural [...]
Reuters, April 26, 2022 After a considerable delay, the U.S. Securities and Exchange Commission (SEC) has finally arrived at the climate disclosure party – and it is going to have a significant impact on [...]
ESG factors like climate change, carbon emissions, social unrest, and labor conditions have magnified the interconnectedness between sustainability and financial viability. A company that pays attention to ESG issues tends to be a well-run business [...]
