The European Commission has recently proposed environmental, social, and governance (ESG) initiatives to impose extensive new financial reporting and compliance obligations on companies.
In ILR’s latest Cause For Action podcast episode, Scevole de Cazotte, ILR’s senior vice president of international initiatives and Ken Daly, managing partner at Sidley Austin discuss the European Commission’s proposed directive on corporate sustainability due diligence. The drafted directive would create new regulatory and liability burdens for companies operating in and outside of the EU. In this podcast episode, Scevole and Ken address some important questions raised by the proposed initiatives.