ESG
ESGEnvironmental, Social, Governance

In a business context, sustainability is about the company’s business model, i.e. how its products and services contribute to sustainable development. It is also about a company’s risk management, i.e. how it manages its own operations to minimise negative impact.

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esgmain-func1Environmental

Carbon emissions Energy consumption Climate change effects Waste disposal

esgmain-func2Social

Discrimination Diversity Human rights Community relations

esgmain-func3Governance

Political contributions Executive compensation Shareholder rights Takeover defense

EUDR
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EUDREU Deforestation Regulation

The European Union (EU) Deforestation Regulation (EUDR) is an important initiative to tackle deforestation and forest degradation, which are primary drivers of the global climate and biodiversity crises. As forests help regulate the global climate, deforestation has several adverse effects on the environment

CSDDD
CSDDDCorporate Sustainability Due Diligence Directive

The due diligence process set out in the CSDDD covers the six steps defined by the OECD Due Diligence Guidance for Responsible Business Conduct:

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1
Integrating due diligence into policies and management systems.
2
Identifying and assessing adverse human rights and environmental impacts.
3
Preventing, ceasing or minimising actual and potential adverse human rights, and environmental impacts.
4
Assessing the effectiveness of measures.
5
Communicating.
6
Providing remediation.