Kategorie: Compliance
Directive on Corporate Sustainability Due Diligence (CS3D)
The European Parliament has approved the Directive on Corporate Sustainability Due Diligence (CSDDD) or CS3D (the “CS3D”)[1] . The CS3D sets out rules for the conduct of large corporations with respect to human rights in their operations, including production, employment and subcontracting chains. About CS3D in general CS3D obliges companies to mitigate the negative impacts …
Read moreAI Act – regulation of artificial intelligence (AI)
Artificial intelligence (AI) is a topic that is currently moving the world. It is no different in the Czech Republic. Thanks to rapid technological progress, changes are coming faster than the legislators can react. The proposal for a Regulation of the European Parliament and of the Council laying down harmonised rules on artificial intelligence (Artificial Intelligence Act) and …
Read moreWhistleblowing in the context of ESG
Act No. 171/2023 Coll., on the protection of whistleblowers (the “Act“), came into force on 1 August 2023 and brought institutional protection of whistleblowers into the Czech legal system in the framework of the transposition of the EU Whistleblower Protection Directive[1]. How are whistleblowing, non-financial reporting and ESG related? Find out more in the article below. Whistleblowing and its legal …
Read moreESRS standards – G in ESG
In the last two articles, we have looked at the environmental impacts of “ESRS standards – E in ESG” link here and the social factors of “ESRS standards – S in ESG”, which can be found in the link here.In this article, we will focus on the third and final area. The letter G or …
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