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ESG
Staying on top of the market trends, evolving standards, and regulatory updates around ESG can be daunting – so we’re here to help pull it all together with our monthly newsletter, RE: ESG.
While much of the recent focus around ESG has been the Securities and Exchange Commission’s new climate proposal and the potential impact on public companies, it’s also important for private organizations to monitor ESG trends. To that point, we’re featuring an article on why private companies need to consider developing and adopting an ESG strategy. As always, we strive to provide a broad spectrum of updates and perspectives on these important topics.
We’d really appreciate your feedback, questions, or ideas for future topics.
Best wishes,
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| Regulatory and governance updates |
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Federal strategy on forced labor
The Forced Labor Enforcement Task Force (FLETF) presented its report to Congress on the Uyghur Forced Labor Prevention Act on June 17.
Read about FLETF’s strategy in the full report
Substances of very high concern (SVHCs)
In accordance with the REACH regulation, the European Chemicals Agency (ECHA) updated the candidate list of SVHCs on June 10 by including one additional substance, increasing the total number of SVHCs to 224.
Access the list
Occupational exposure limits
ECHA has requested evidence on uses, exposures, and health effects of nitrosamines, which are often used in rubber production.
Get details on the call for evidence
Asbestos ban
The U.S. Environmental Protection Agency has extended the comment period on its proposed rule to ban ongoing uses of asbestos.
Learn more about the proposed rule
New reporting standards
Sustainability Accounting Standards Board reporters might need to align with new standards next year, as the International Financial Reporting Standards (IFRS) Foundation trustees and the Value Reporting Foundation (VRF) board have announced the official consolidation of the VRF into the IFRS Foundation by Aug. 1.
Get more information on the consolidation timeline
Corporate sustainability reporting
European Union policymakers agreed on new rules regarding corporate sustainability reporting.
Read about the new rules |
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| Our ESG specialists provide an update on the current regulatory landscape regarding climate-related financial risk and other ESG issues. |
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Why private companies need an ESG strategy
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ESG considerations aren’t just for public companies. Learn about four reasons why private companies need to start crafting their ESG strategy now.
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| July 27: Chris McClure and Andrea Castle will cover how the latest ESG trends and regulations affect the construction industry and how organizations can prepare to reach their ESG goals. |
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| Aug. 29: Pam Hrubey and Stefany Samp will discuss the impact of recent developments in ESG-related anti-bribery and corruption on technology companies in virtual roundtable discussions. Contact " target="_blank">Stefany Samp for more information. |
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| Sept. 29: Chris McClure on navigating ESG initiatives within the context of regulations and codes of conduct during a roundtable discussion at the General Counsel Conference Southwest in Dallas. |
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| Looking for more information on ESG? |
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Check out our ESG resource center for the latest updates on regulations, best practices, and industry developments.
Ready to take the next step on your ESG journey? Contact our team. |
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