ESG due diligence, or Environmental, Social, and Governance due diligence, is a comprehensive assessment process employed by investors, financial institutions, and other stakeholders to evaluate the non-financial aspects of a company. This evaluation is crucial for making informed investment decisions,
Environmental, Social, and Governance (“ESG”) criteria are at the core of the changing perspective in the modern business world. For companies, it’s no longer just financial results but also the social and environmental impacts that are critical evaluation factors. Meeting
The Swiss Federal Department of Finance (FDF) announced on October 25, 2023, that it will continue to work on regulatory plans addressing greenwashing in the financial sector, including investment and disclosure rules for financial products using labels like “sustainable,” “green,”
The European Parliament approved the adoption of a new European Green Bond (EuGB) label on October 5, 2023, aimed at combating greenwashing and providing confidence to investors that their investments are directed towards financing sustainable business activities and technologies.
On February
The European Council announced on October 9, 2023, that it had adopted two significant legislations, marking an important step. The first directive among the adopted legislations aims to nearly double the share of renewable energy consumption in the European Union