CSDDD: 3 things laid out in this new European sustainability law
Last Wednesday, April 24, after years of negotiations, the Corporate Sustainability Due Diligence Directive (CSDDD) was passed by the European Parliament. The CSDDD, also known as the anti-snooping law, regulates at the European level that companies are obliged to know their value chain and take action the moment they discover wrongdoing. This is enforced with […]
Customer story: OTTO Work Force makes impact with Empact “The CSRD is really a springboard”
OTTO Work Force is Europe’s largest international employment agency. From more than 50 offices in various countries, it connects more than 27,000 international workers with temporary employers. The company therefore plays a key role in the European labor market and because of its size and the sector in which it operates, it can really make […]
Customer story: Ministry of Economic Affairs and Climate (EZK)
Empact conducted an evaluation study for the Ministry of Economic Affairs and Climate (EZK) on the application of International Corporate Social Responsibility (IMVO) in some fourteen business instruments. The Dutch government wants companies operating in the Netherlands and doing business abroad to engage in international corporate social responsibility. The main question that EZK had was: […]
Six steps to an ESG strategy that adds real value
If you want to successfully become more sustainable as a company, you need a solid plan: a strategy on Environmental, Social and Governance issues (ESG). An ESG strategy forms an integral part of the corporate strategy and not only sets a dot on the horizon, but also concretizes which themes are relevant. And in addition: […]
Reporting is not making an impact: use CSRD and ESG as means, not ends
Criticism of ESG is growing. There is dissatisfaction in the business community about the increased regulatory burden, while various specialists are questioning the effectiveness and reliability of ESG as a measure of (the improvement of) social performance. We largely agree with that criticism, and moreover expect that the introduction of CSRD will suffer a similar […]