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Despite new European Union legislation governing ESG disclosure and due diligence beginning to take effect for many companies, the acronym, and how companies should respond, is the subject of some controversy. GoodCorporation invited business leaders to debate these issues under the Chatham House Rule at the House of Lords. Our host, Baroness Kingsmill, opened the…
Yearly Archives: 2024
In recent years, the increasing awareness of environmental risks and their impact on people, businesses, and the planet has driven the adoption of legislation aimed at accelerating the shift towards a more sustainable economy. A significant milestone in this journey was the European Union’s (EU) introduction of the European Green Deal in 2019. This transformative…
While a network of business partners and suppliers often drives efficiency, growth, and profit, outsourcing materials and components at cost-effective prices can introduce significant risks. Supply chains, particularly those involving thousands of global suppliers, can be fraught with ethical challenges—from environmental degradation to human rights violations. Before the globalisation of business in the latter half…
Now that the EU Corporate Sustainability Due Diligence Directive (CSDDD) is in force, it’s time to take a closer look at the obligations it imposes, in particular what is meant by the corporate due diligence duty. Under the new directive, in-scope companies now have an obligation to identify and address both actual and potential adverse…
Workplace investigations are pivotal to maintaining organisational integrity and fostering a healthy working environment, serving as a proactive measure to address a wide variety of issues, such as bribery and corruption, harassment and bullying, discrimination, and compliance policy violations. By promptly addressing these concerns through an official investigative process, organisations can demonstrate their commitment to…
Sexual harassment remains a pervasive issue in too many workplaces across the UK, its alarming prevalence having profound impacts on businesses and individuals alike. According to the Equality and Human Rights Commission’s (EHRC) 2018 report ‘Turning the tables,’ three-quarters of respondents (predominantly women) reported experiencing sexual harassment at work. More recently, a 2024 report by…
Having finally cleared a number of last-minute hurdles, the EU’s Corporate Sustainability Due Diligence Directive (CSDDD) will come into force from 2027. It will bring into play significant new demands around environmental and human rights due diligence, forcing those companies in scope to ensure that robust processes are in place to meet the directive’s obligations. …
In recent years, organisations have been under increasing pressure to identify, prevent and remedy any negative human rights and environmental harms resulting from their operations and wider business relationships. While many organisations strive to follow best practice, regulatory requirements have been open to interpretation. As a result, there has been considerable debate among environment and human…
The AI landscape is evolving rapidly. Accompanying this rapid pace of change is a growing awareness of the opportunities that AI presents for businesses, as well as increasing concerns over the potential risks surrounding the use of AI systems. The second global AI safety summit, co-hosted by the UK and South Korea, has just taken…
