What regulations apply to the company’s ESG Activities?
ESG regulation refers to laws that require companies to comply with environmental, social responsibility and governance standards. As global awareness of sustainability increases, more and more countries are introducing regulations requiring companies to report on ESG Activities and manage the risks associated with them. These regulations are aimed at making companies more accountable for their impact on the environment, and compliance is key to avoiding sanctions and improving a company’s image.
In Europe, one of the key documents is the Corporate Sustainability Reporting Directive (CSRD), which from 2024 requires companies to report ESG data in detail, including an external audit. Other regulations include rules on the protection of human rights, due diligence on sustainable supply chains and decarbonization, in line with European climate goals.
