ESG Regulations: Transforming Supply Chains
News: Navigating ESG regulations is now a top priority as businesses face risks related to wage compliance, waste management, and supply chain transparency.
Audrey Clavedon, Head of ESG Leadership at Sedex, highlights the rising impact of frameworks like the Taskforce for Climate-Related Financial Disclosure (TCFD) and the EU Green Deal, which push for deeper sustainability commitments.
Standardized frameworks such as the Global Reporting Initiative (GRI) and advanced supply chain visibility tools have made regulatory compliance more achievable. Biodiversity and nature-related risks, driven by the Taskforce for Nature-Related Financial Disclosure, are increasingly prioritized, especially in agriculture and manufacturing. EU regulations influence global markets, indirectly impacting U.S. businesses through supply chain relationships and trade with EU-based customers.
Source: Supply Chain 24/7
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