Due diligence opportunities from new EU directive

This week: Salla Saastamoinen, director for civil and commercial justice, DG Justice and Consumers at the European Commission, talks with Innovation Forum’s Bea Stevenson about how the new EU due diligence directive for companies regarding human rights and environmental impacts will be implemented. They discuss how companies can work to prepare their strategy now to ensure alignment with the proposed regulation, and the potential sanctions for non-compliance.  

Plus: new emissions reporting proposals from the US Securities and Exchange Commission; EU’s carbon border adjustment mechanism details become clearer; HSBC’s plan to finance the transition to net zero; Swiss Re to stop insuring carbon-intensive energy projects; and, Unilever tracks 188,000 tonnes of palm oil in a blockchain transparency pilot, in the news digest.

And, Innovation Forum's Natasha Bodnar provides an update on June’s climate and business action conference.

Host: Ian Welsh