- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By 
Neil Hodge2022-11-10T15:20:00
Companies are continuing to fail in their efforts to improve environmental, social, and governance (ESG) reporting, while compliance functions are finding it tough to keep up with demands for better assurance in the area, according to experts.
Speaking at Compliance Week Europe in Edinburgh, Scotland, in late October, panelists told attendees ESG reporting is still “immature” in many companies.
Peadar Duffy, global ESG practice lead at tech vendor Archer Integrated Risk Management, said “most companies make the mistake of treating ESG as one issue when it is actually three separate issues—environmental risk, societal risk, and corporate governance” and added that “they rarely have the resources or expertise to tackle them properly.”
THIS IS MEMBERS-ONLY CONTENT. To continue reading, choose one of the options below.
News and analysis for the well-informed compliance or audit exec. Select an option and click continue.
Annual Membership $499 Value offer
Full price one year membership with auto-renewal.
Membership $599
One-year only, no auto-renewal.
The Financial Conduct Authority will implement a series of rules to minimize instances of “greenwashing” in the U.K. market.
Corporate reporting on everything from climate change to workers’ rights is set for a shake-up in the European Union, and companies should use 2023 to prepare for new regulations and stakeholder expectations.
Compliance practitioners share their experiences navigating responsibilities related to environmental, social, and governance without stepping on the toes of other colleagues.
Supply chains are about to become the next big thing in sustainability compliance. However, many organizations still lack the data and assurance capabilities to track sustainability and human rights activities across their extended supply chains – which is required by the EU’s CS3D. Many others that fall out of scope ...
Multiple emerging environmental, social, and governance and disclosure standards pose legal and operational risks to many companies, but also opportunities to improve reporting and get ahead of requirements, a new report found.
Dominic Buckwell, general counsel and compliance head at global marine container leasing company Seaco, discussed key themes including anti-money laundering, sanctions, and why the industry needs common environmental reporting standards.
