Compliance

Despite the flurry of real and rhetorical backlash against ESG reporting in the United States, many U.S. companies will not be able to escape stringent sustainability reporting requirements emanating from the EU. And the time to gear up for compliance is short, writes Lukas Tunikaitis, sustainability consultant in UL Solutions’ ESG advisory and assurance practice. The need to comply with...

The EU’s updated Corporate Sustainability Reporting Directive (CSRD) went into effect this year, and the first wave of companies covered by the order will be due to report in their 2025 annual reports for the 2024 fiscal year. Jim Leason of Agiloft and Ossian Nilsson of EY offer a path to paving the way for smooth CSRD reporting: contract lifecycle...

The EPA is expected to announce reporting requirements regarding PFAS, commonly referred to as “forever chemicals.” While manufacturers and suppliers are eagerly awaiting those requirements, they may need to look a little closer to home for PFAS rules, as many states already have laws in place. Assent’s Cally Edgren breaks down the state-level rules. This fall, the EPA is expected...

Illicit wildlife trafficking is on the rise; what does it have to do with financial crime? Analysis Moody’s KYC Report on Proliferation of Wildlife Trafficking What’s in this report from Moody's Analytics: Wildlife trafficking or illegal wildlife trade (IWT) is defined as the illicit trade of protected animals or animal parts, including procurement, transport and distribution — and money laundering...

Almost all businesses have seen supply chain disruptions over the past year, and new research finds that as a result, many are pulling back on ESG-related initiatives like labor standards and supply chain sustainability. The research from cloud management provider Ivalua and Sapio Research shows that 90% of businesses have seen their supply chains disrupted by inflationary pressure and about...

Conventional wisdom in the West suggests that labor and ethical standards are problems — just not here. But as LRQA’s JP Stevenson explores data that says this simply is not the case. While many global companies are coming to grips with environmental monitoring and reporting, LRQA’s latest bi-annual supply chain ESG risk ratings report suggests that economic and geopolitical turbulence...

With signs that money laundering is on the rise globally, many companies will point to their AML programs and assume they are covered. CreditSafe’s Matthew Debbage explains why that may not be the case for everyone. Research shows that about $300 billion is laundered in the U.S. each year, with AML compliance costing U.S. companies up to $25.3 billion per...

A new report card is out on how company websites provide digital accessibility for people with disabilities — and the results aren’t great. The analysis by AudioEye, which was informed by scans of more than 2 million web pages across 40,000 enterprise and upper-mid market domains, revealed that the average page has 37 elements that fail one of the measures...

The modern supply chain is a bit of a trapeze act: complex, requiring precision and potentially devastating if things go wrong. Pete Rau of EcoVadis invites companies to return to basics — it all starts with procurement. Supply chain and supply chain risk have become household names within the past few years, especially relating to social and environmental crises. For...

(Sponsored) Today's ever-changing regulatory landscape presents a real challenge for supply chain professionals looking to ensure compliance while keeping costs in check. Compliance programs are composed of many people, tools and processes, and it is crucial that organizations allocate these resources carefully to maintain smooth operations. Assent’s Cally Edgren explores key considerations for keeping programs on the right financial path....

Use data from peers to maximize the ROI of your compliance program Gain Actionable Insights 2023 Hotline & Investigation Management Benchmark Report About this report from Ethico: Get actionable insights based on the state of compliance programs across multiple industries in Ethico's latest Ethics and Compliance Hotline & Investigation Benchmark Report. With concrete data points, in-depth analysis and relevant articles...

The portfolio of chief compliance and ethics officers is ever-expanding, growing from traditional duties like managing policies to overseeing modern issues like ESG. Gartner’s Chris Audet gives incoming compliance leaders a crash course in starting off on the right foot.