EU Sustainability Regulations Will Affect Foreign Companies
Written by Annie Erling Gofus
The European Union is presently developing new guidelines for EU businesses to report their sustainability practices. This effort is part of a continuous push to improve the regulation of environmental, social, and governance (ESG) factors.
In the next few years, European Union regulations will require thousands of American, Canadian, and British companies to increase their sustainability reporting. This move is aimed at improving transparency regarding various aspects, such as companies’ greenhouse-gas emissions and gender pay disparities.
