The Netherlands Enterprise Agency (RVO) encourages entrepreneurs and organisations to practice Corporate Social Responsibility (CSR). For example, companies and organisations that do business abroad and want to make use of the International Programs of the RVO must endorse the OECD guidelines. However, RVO currently has insufficient insight into how companies actually work and … [Read more...]
Working with the wrong suppliers will soon (really) no longer be allowed
It should have never been possible and soon it will no longer be allowed: working with the “wrong” suppliers. On November 1, 2022, five Dutch political parties submitted an initiative law in the field of International Corporate Social Responsibility (in Dutch IMVO). The cabinet itself is also working on a CSR law, which obliges companies to eliminate issues such as slavery, … [Read more...]
CSRD as an opportunity to make an impact
About 50,000 medium-sized and large companies in the EU will be required to report according to the new Corporate Sustainability Reporting Directive (CSRD) on environmental, social and governance (ESG) related topics in 2026 on the year 2025. A recent study by Empact shows that the majority of companies still have a compliance-driven attitude towards ESG. Will the introduction … [Read more...]
Mid-sized and large companies struggle to execute ESG beyond compliance
ESG is becoming more and more compliance-driven. ESG consultancy Empact draws this conclusion based on research among nearly 100 mid-sized and large companies from Germany and the Netherlands. The research also shows an increasingly strong integration of ESG within the companies' strategies, but that implementation is lagging behind. ESG is not yet a way to create value for … [Read more...]
ESG in 2022; picking up which pace?
More than ever, environmental, social, and governance (ESG) issues are high on the corporate agenda. At the same time, 2022 is a year of financial turmoil for many companies. The aftermath of the corona crisis and the war in Ukraine are driving up prices, especially for raw materials, energy, and semi-manufactured goods, so staying in business is a key issue. Therefore, it is … [Read more...]