Tag: Human Rights

Sanctions are essential mechanisms employed by countries and international bodies to support national security, uphold human rights, and combat illegal activities such as terrorism, drug trafficking, and international crimes.

The recently implemented CS3D established by the European Commission on July 25, 2024, mandates a radical shift in how financial institutions handle their operations and global value chains.

Introduced in 2014, the NFRD aimed to encourage greater transparency by requiring large companies to integrate ESG information alongside financial data in their annual reports.

Modern slavery continues to deeply impact economies worldwide. A 2024 report by the International Labour Organization highlights a disturbing increase in profits from forced labour, which now total an estimated $236bn annually—a 37% jump since 2014.

The Corporate Sustainability Due Diligence Directive (CSDDD) is poised to reshape the European corporate landscape significantly.

In April 2024, the European Parliament endorsed the CSDDD, marking a pivotal advancement in sustainable and ethical corporate conduct.

ISS ESG has launched its enhanced Modern Slavery solution, a  development in investor tools for monitoring and reporting portfolio risks.

Tietoevry, a prominent figure in the tech industry, has made a significant stride towards enhancing its sustainability performance with the introduction of its Sustainability Pledge aimed for 2024 and beyond.