ESG
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CSDDD a ‘milestone for responsible business conduct’
The Corporate Sustainability Due Diligence Directive (CSDDD), adopted by the European Parliament last week, will codify the UN Guiding Principles…
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Shifting climate litigation against corporates and D&Os ripe for growth
The current shift in climate litigation and ESG regulation means that corporates and D&Os face mounting risk, with things even…
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Risk managers urged to include climate change impact on workforce health
Climate-related medical alerts spiked by 80% last year, according to medical and travel services firm International SOS, which urged organisations…
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The Netherlands sued over PFAS contamination
Eleven environmental organisations are suing the state of the Netherlands in connection with the harmful effects of widespread per- and…
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European Parliament approves regulation to tackle forced labour
The European Parliament has given its final approval to a new regulation that enables the EU to prohibit the sale,…
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Climate change could spread malaria risk to new countries, warns International SOS
Climate change could see malaria cases in countries previously free of the disease, bringing new health risks for workers travelling…
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Europe records 300% surge in farmer protests this year
Farmer protests have spiked 300% in Europe so far this year to 4,000 incidents, compared with a total of 1,000…
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European Parliament votes for ‘hard-fought compromise’ on CSDDD
MEPs have voted in favour of the Corporate Sustainability Due Diligence Directive (CSDDD), giving the final green light to rules…
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ISSB opens reporting projects on biodiversity and human capital
The International Sustainability Standards Board (ISSB), partner body to the International Accounting Standards Board (IASB) under the IFRS, has announced…
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UK regulator widens net for sustainability disclosure rules
The UK’s financial services regulator said it wants to extend sustainability disclosure requirements for asset managers, due to begin from…
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More than 70% of global workforce exposed to climate change-related health hazards: ILO
A new report by the UN’s International Labour Organization (ILO) finds that a “staggering” 70% of the world’s workforce are…
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Europe saw record extreme heat stress days last year, finds EU report
A record number of extreme heat stress days in Europe last year, alongside wildfires, droughts and flooding “paints a sombre…
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Climate change to cause ‘massive economic damage’
Climate change will cost the global economy $38trn every year by 2049 and cause “massive economic damage” some six times…
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European bosses say half of supply chain will not comply with CSDDD
C-suite executives across the EU and UK expect at least half of their supply chain will not be compliant with…
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Litigation likely to flow from US ‘forever chemicals’ regulation
The US Environmental Protection Agency’s (EPA) recent establishment of safe levels of so-called forever chemicals in drinking water will likely…
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SEC climate-related disclosure rules on hold
Once again, it seems, an ESG-related piece of legislation or regulation takes one step forward and two steps back. In…
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Climate campaigners take Portuguese state to appeals court
Climate action groups have launched an appeal to Portugal’s Supreme Court of Justice in the country’s first climate litigation case.…
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Fire safety manufacturer pays $750m to settle PFAS class action
Irish-headquartered US smart building firm Johnson Controls International's subsidiary Tyco will pay $750m to settle a class action alleging its…
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European Parliament adopts framework for carbon removals
As the EU council attempts to placate business concerns about the pace of the energy transition while keeping progress roughly…
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EU promises action on regulatory burden in clean transition effort
Europe’s risk and insurance managers’ regulatory burden and the inability of the insurance market to come up with adequate solutions…