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5 FAQ on the New York Fashion Act
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Our specialists cover how the proposed bill could affect fashion companies’ environmental, social, and governance (ESG) strategies.
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| Wondering how regulations and market conditions affect your ESG strategy? Our specialists cover the highlights in this webinar. |
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| Regulatory and governance updates |
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California advances legislation
The California State Senate recently passed two bills, SB253 and SB261, that would have ESG reporting implications for businesses with annual revenue in excess of $1 billion and $500 million, respectively.
Get the details on SB253
Get the details on SB261
ISSB issues inaugural global standards
The International Sustainability Standards Board (ISSB) issued inaugural global standards IFRS S1 and IFRS S2, which will set a global baseline of sustainability- or climate-related disclosures.
Learn more about the standards
EU adopts new regulation on batteries
The new rule will regulate the life cycle of batteries sold in the European Union (EU), from design and production to waste management and recycling.
Read more on the regulation
Australia introduces mandatory reporting, delays public CbCR
Australia introduced a plan for mandatory climate-related financial disclosure requirements that would begin in 2024. Meanwhile, it delayed implementing a public country‑by‑country reporting regime (CbCR), though it will keep working with stakeholders on the proposal.
Read the consultation paper on mandatory reporting
See the statement on public CbCR
Latin American countries make progress on mitigating tax evasion
On June 27, the Punta del Este Declaration Initiative published its report about the progress of 16 Latin American countries in mitigating tax evasion and other illicit financial flows using transparency and exchange of information for tax purposes.
Read more about the progress |
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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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