ESG legislation requires a continuous approach to risk monitoring

Due diligence legislation recently passed in the EU and US has introduced new disclosure regulations for major global businesses and their supply chains.

The EU Council passed the Corporate Sustainability Due Diligence Directive (CSDDD) on 15 March after months of debate, mandating that companies identify, prevent, mitigate and account for negative human rights and environmental impacts throughout their operations and value chains.

The US Securities and Exchange Commission (SEC) passed the Climate-Related Disclosure rule on 6 March, requiring that companies promptly disclose ...