Samantha Ho’s Post

As we enter the new quarter, here are some of the upcoming ESG developments to keep an eye on: 1. Tightened regulations on greenwashing: UK ASA to investigate product claims lacking disposal info from April 1, 2024. 2. Enhanced sustainability disclosures: Singapore's consultation on ISSB standards incorporation, South Korea's draft ESG disclosure standards, and Canada's CSSB disclosure standards. 3. Emerging plastic and recycling regulations: UK's EPR scheme report submission, Hong Kong's plastic regulations, and California's draft regulations on single-use plastics. 4. Advancements in sustainable finance: European Banking Authority's ESG risk management guidelines and ESMA's consultation on green bonds regulation. 5. Carbon market developments: China's expanded ETS, Canada's proposed ETS framework, and EU's certification scheme for carbon removals. To find out more about these updates, click here: https://lnkd.in/eK7R-8JC If you'd like to understand how we are helping businesses keep up with the tsunami of regulatory updates on the horizon, DM me.

🌍 The future of doing business in and with Europe is on the brink of a transformative shift, heralded by pivotal regulations such as the Corporate Sustainability Reporting Directive (CSRD), European Sustainability Reporting Standards (ESRS), the Carbon Border Adjustment Mechanism (CBAM), and the newly introduced Corporate Sustainability Due Diligence Directive (CSDDD). These frameworks are reshaping corporate accountability, transparency, and environmental stewardship, setting new global benchmarks for sustainable business practices. 📊 The CSRD is a game-changer in sustainability reporting, expanding the scope of businesses required to disclose detailed sustainability information. This directive ensures investors and stakeholders have the necessary data to make informed decisions, emphasizing sustainability as an integral part of corporate strategy. 🌿 The ESRS offers a standardized approach to sustainability reporting, enhancing the quality of data and aligning corporate reporting with global best practices. This standardization is crucial for businesses aiming to showcase their commitment to sustainable development in a transparent and actionable manner. 💼 The CBAM aims to adjust the carbon footprint calculation for imports, encouraging global industries to adopt greener practices. This mechanism is a significant step towards leveling the playing field for European businesses and fostering a worldwide shift towards sustainability. 🔄 The CSDDD introduces stringent requirements for due diligence across supply chains, ensuring that companies not only monitor their own sustainability practices but also those of their suppliers. This directive underscores the importance of comprehensive sustainability efforts, extending responsibility beyond direct operations to encompass the entire supply chain. 🔗 For a comprehensive overview of these transformative policies and their impact on the future of sustainable business practices, please visit: Corporate Sustainability Reporting - European Commission. The integration of these regulations signifies a monumental shift towards sustainability, presenting both challenges and opportunities. Adapting to these changes is not merely about compliance but about leveraging sustainability as a cornerstone for competitive advantage in the global market. 🌱 As we navigate these changes together, we're here to offer support, guidance, and training. Whether you're initiating your sustainability journey or looking to enhance your approach in line with these new regulations, we can help transform these challenges into opportunities for innovation and leadership in sustainability. #CSRD #ESRS #CBAM #CSDDD #Sustainability #CorporateResponsibility #EuropeanCommission #SustainableBusiness #SupplyChainSustainability Dr Philipp Schuster Brian Burudi

Enlightening!. Global business leaders need to be well aware of the set regulations and frameworks to make business better ,future proof and more sustainable.

Did you already know that the #CSRD legislation prioritises the so-called dual materiality matrix? Based on these new European sustainability reporting guidelines, this "outside-in" and "inside-out" approach was formulated for our #CSR reporting. 🔎Under the guidance of Bopro the existing list of material topics was reviewed and challenged for this purpose. New risks and opportunities that potentially impact BGAD's business operations (outside-in approach) were identified. In addition, the potential impacts - which BGAD may have on the environment and society (inside-out approach) - were analysed. 💡For this purpose, various #stakeholders were consulted, new legislative frameworks were reviewed, and market trends and best practices within the sector were studied. Finally, the new list of material themes was validated internally by BGAD's management committee. ✔ We would like to zoom in for a moment on Quadrant 1 of our materiality matrix. These are the material themes that score significantly high in both approaches and are located in the upper right quadrant - see the image below. These themes have a significant impact on our business model, particularly the site, on the one hand, and at the same time can realise a positive impact on both the environment and society. ➡ The themes of Quadrant 1 are: 1) infrastructure and mobility 2) attractive public area 3) circularity and zero waste 4) wellbeing and engagement. Are you interested in how we approach these themes specifically for Blue Gate Antwerp? You can read all about it in chapter 1.5 of our new CSR report: https://lnkd.in/e94BSE4W #materialitymatrix #csr #esg #transparency

CMS UK has partnered with Sustainability Unlocked to equip its people with sustainability-related knowledge that extends beyond legal training and contribute specialised video content to the platform. Here's a snippet of CMS's Pamela Turok explaining the Circular Economy Action Plan. #sustainability #circulareconomy #CEAP #CMSlaw #CMS

The circular economy is gaining popularity, but falling short on action. Take part of the report. Take action for the planet and propel your own business at the same time. #circulareconomy #circularproductdevelopment #sustainabilty #sustainablebusinessdevelopment

🌍 Bridging Local and Global Sustainability Standards: A Double Take on Malaysia’s Evolving ESG Landscape🌱 In recent months, two pivotal frameworks have been shaping the ESG landscape in Malaysia from different angles. Here are a couple of write ups by my colleague, Joyce Ong Kar Yee assisted by Rona Arissha and Pacey Ting: 📌The first is an article published in LHAG’s 3rd issue of Legal Herald this year titled, “From Brussels to Kuala Lumpur: Understanding the EU’s Corporate Sustainability Due Diligence Directive.”This article discusses the European Union [EU]’s Corporate Sustainability Due Diligence Directive [CSDDD], which embeds responsible business conduct into corporate due diligence processes of EU-based companies towards proactive management of human rights and environmental risks across value chains, which would likely affect non-EU businesses, including those based in Malaysia. Read on here: https://lnkd.in/gfKGH5dN 📌 The second is an ESG alert on “National Sustainability Reporting Framework: Benchmarking against Global Standards.”This alert discusses the National Sustainability Reporting Framework [NSRF] recently launched by the Securities Commission of Malaysia [SC] aiming to elevate sustainability reporting standards across the nation in line with globally recognised benchmarks, such as the International Sustainability Standards Board [ISSB], specifically the IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures, thus preparing companies in Malaysia for an increasingly standardized approach to sustainability disclosure. Read on via the LHAG post below. Effective ESG management now requires more than isolated compliance efforts. Both frameworks underscore the need for companies in Malaysia to strengthen sustainability reporting and due diligence processes which align with and adapt to these ESG developments.

🌍 𝐃𝐢𝐯𝐞 𝐢𝐧𝐭𝐨 𝐭𝐡𝐞 𝐟𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐬𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞 𝐬𝐡𝐢𝐩𝐩𝐢𝐧𝐠 𝐰𝐢𝐭𝐡 𝐒𝐒𝐀'𝐬 𝐍𝐄𝐖 𝐜𝐨𝐮𝐫𝐬𝐞!🌍 Members may be pleased to know that our new course "𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧 𝐭𝐨 𝐒𝐜𝐨𝐩𝐞 3 𝐄𝐦𝐢𝐬𝐬𝐢𝐨𝐧𝐬 𝐀𝐠𝐠𝐫𝐞𝐠𝐚𝐭𝐢𝐨𝐧" is designed for shipping companies looking to enhance their sustainability practices or industry professionals seeking to deepen their knowledge. Built upon the “Mastering ESG in Shipping” course, this course equips participants with the necessary insights and methodologies to enhance ESG reporting capabilities across their companies’ value chains, thereby bolstering their capabilities to implement environmental management strategies. It covers aggregation techniques used for precise calculations and achieving sustainability targets. The course also explores practical strategies and best practices for mitigating environmental impacts throughout the shipping value chain. Save your spot today: 📅 Date and Time: 1-2 Oct 2024, 8:30am – 5:30pm 📍 Venue: SSA Board Room, #28-01, 4 Battery Road, Bank of China Building, Singapore 049908 SSA members are given preferential rates. Although registration is closed, if you're interested in joining the waitlist or need more information about the course, please email Kuna at [email protected]. #ShippingIndustry #ESG #EnvironmentalSustainability #Scope3Emissions #SingaporeShippingAssociation #SSA

How can policymakers put the Circularity Gap Report (CGR) 2024 into action? Our latest report isn't just informative—it's a catalyst for change. Today, we're thrilled to announce an upgrade for the CGR 2024: two action-oriented policy briefs to empower national governments to supercharge the circular economy within and beyond borders. The briefs will officially be launched at the World Circular Economy Forum WCEF during a policy workshop organised by the United Nations Environment Programme Finance Initiative (UNEP FI), Ministerie van Infrastructuur en Waterstaat, Deloitte and Circle Economy. Dive into these tangible insights before the official launch 👇 👨🔧 Circular Jobs in Europe. Explore strategies for unlocking circular job opportunities across Europe, including leveraging mechanisms like the Just Transition Framework. 📈 Policy options to mobilise finance for circularity. Discover policies tailored for low and middle-income countries to foster development while combating the climate crisis. Find the briefs on the CGR 2024 page under the report download button: https://lnkd.in/eUBAuWQg #GreenJobs #JustTransition #CircularEconomy

The Singapore Standards Council will soon be adopting new Circular Economy Standards as Singapore Standards. On 4 December, #JCUSingapore Professor Adrian Kuah, PhD (Manchester) was amongst key speakers who shared on implementing new ISO Standards as Singapore Standards to drive the circular economy. Read more about the dialogue session: https://lnkd.in/g8P8i8xg