In July, the Corporate Sustainability Due Diligence Directive (CSDDD), a landmark human rights rule, was adopted by the EU, forcing global companies to address concerns about modern slavery within their supply chains. However, some speculate that the Trump administration might try to exempt US companies from CSDDD or other EU human rights requirements. The Financial Times covers the story.
An advisory group has proposed a new categorisation framework for the EU’s landmark ESG investing rulebook that would make it easier for investors to understand what kind of products they’re buying. The recommendations come as the EU considers changes to Sustainable Finance Disclosure Regulation which affects $14 trillion of fund assets. Bloomberg covers the story.