The Council’s position includes a number of differences from the European Commission’s original proposal, including in relation to the requirement to diligence the broader value chain.
On 30 November 2022, the European...more
The proposal highlights the growing global focus on companies’ human rights obligations not just towards employees but also towards workers in their supply chains.
On 14 September 2022, the European Commission (the...more
9/16/2022
/ Due Diligence ,
EU ,
European Commission ,
Exports ,
Forced Labor ,
Human Rights ,
Manufacturers ,
Member State ,
Proposed Regulation ,
Supply Chain ,
Sustainable Business Practices
The Strategy provides useful guidance for importers seeking to comply with the provisions of the UFLPA.
The Uyghur Forced Labor Prevention Act (UFLPA) was signed into law by President Biden on December 23, 2021, to...more
7/13/2022
/ Compliance ,
Customs and Border Protection ,
Due Diligence ,
Enforcement ,
Enforcement Priorities ,
Entity List ,
Forced Labor ,
Importers ,
Imports ,
New Guidance ,
Rebuttable Presumptions ,
Supply Chain ,
Uyghur Forced Labor Prevention Act (UFLPA)
Forced Labor Enforcement Task Force issues required enforcement strategy, including guidance to importers.
On June 21, 2022, the key operative provision of the Uyghur Forced Labor Prevention Act (UFLPA) entered into...more
6/22/2022
/ China ,
Customs and Border Protection ,
Forced Labor ,
Human Rights ,
Importers ,
Imports ,
Rebuttable Presumptions ,
Supply Chain ,
Tariff Act of 1930 ,
US Trade Policies ,
Uyghur Forced Labor Prevention Act (UFLPA)
The move follows a number of similar standards that regulators and governments across the globe have proposed. With effect from 1 June 2022, the Guidance for Enterprise ESG Disclosure (the Guidance), published by...more
6/16/2022
/ Accounting Standards ,
China ,
Climate Change ,
Corporate Counsel ,
Corporate Governance ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
Greenhouse Gas Emissions ,
New Guidance ,
SASB ,
Supply Chain ,
Sustainability ,
Sustainable Business Practices ,
Task Force on Climate-related Financial Disclosures (TCFD)
In-scope companies would have to publicly identify “actual and potential” adverse impacts of their operations on the environment and/or human rights.
On 23 February 2022, the European Commission (the Commission)...more
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
1/11/2022
/ Acquisitions ,
Climate Change ,
Corporate Governance ,
Data Privacy ,
Diversity and Inclusion Standards (D&I) ,
Due Diligence ,
Environmental Social & Governance (ESG) ,
EU ,
Green Finance ,
Human Rights ,
IFRS ,
Indemnification Clauses ,
Mergers ,
Modern Slavery Act ,
Private Equity ,
Reporting Requirements ,
Representations and Warranties ,
Supply Chain ,
Sustainability ,
UK
Corporate reporting (including SEC developments), climate change, energy transition, supply chain management, and the mitigation of ESG-related litigation risk are expected to be the leading ESG themes of this year.
As...more
1/6/2022
/ China ,
Climate Change ,
Corporate Governance ,
Corporate Social Responsibility ,
Disclosure Requirements ,
Diversity and Inclusion Standards (D&I) ,
Environmental Social & Governance (ESG) ,
Greenhouse Gas Emissions ,
Greenwashing ,
Publicly-Traded Companies ,
Risk Assessment ,
Risk Management ,
Securities and Exchange Commission (SEC) ,
Supply Chain ,
Task Force on Climate-related Financial Disclosures (TCFD)
Sponsors should consider leveraging technologies and diligence practices to tackle today’s increasingly complex supply chains.
Global supply chains have come under significant pressure in recent years, compounded by the...more
Leaders from around the world, including 20 heads of state, attended the Belt and Road Forum for International Cooperation in Beijing on March 14-15. The attendees at the forum agreed on guiding principles for the initiative,...more
The European Conflict Minerals Regulation (the Regulation) was approved by the European Council on 3 April 2017. Publication in the Official Journal of the European Union will be the next step in the process and this could...more
On March 27, 2017, the French Parliament adopted a Law On The Duty Of Vigilance For Parent And Subcontracting Companies. The law amends the Commerce Code and requires companies to establish and implement a plan for...more