Tag: LRQA

New interactive map reveals country-specific supply chain regulations for businesses

Stuart Mitchell

As new supply chain due diligence regulations – such as the EU’s Corporate Social Responsibility Directive – continue to evolve, global businesses face the challenge of staying up-to-date with regional legislation and the implications for their operations. In response, LRQA, a leading global assurance partner, has published an online Responsible Sourcing Regulation Map. Featuring real-time updates on active and upcoming legislation, this interactive tool provides a comprehensive breakdown of the most significant supply chain due diligence regulations impacting businesses worldwide. Kevin Franklin, LRQA Advisory Managing Director, said: “Navigating global supply…

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Greenhushing must not impact sustainable action

Stuart Mitchell

LRQA, a leading global assurance partner, has warned that organisations must not lose focus on their sustainability targets amid claims of ‘greenhushing’ expected to rise this year. Greenhushing is the term given to organisations who are hesitant to share progress on sustainability goals to avoid external scrutiny. It is expected to rise up the agenda for some organisations, as scrutiny increases on sustainability statements. For example, it was recently reported that the EU plans to crack down on inflated claims around products’ environmental credentials through the introduction of ‘proportionate’ penalties.…

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Businesses must prepare for important changes to sustainability reporting ahead of new CSRD rules

Stuart Mitchell

As the start date for the EU’s Corporate Sustainability Reporting Directive (CSRD) approaches, LRQA urges those affected to act now and review existing strategies, processes and management systems. Data collection will commence from 1st January 2023 for the first set of businesses affected, with a view to submit data in 2024. This includes those already subject to the Non-Financial Reporting Directive (NFDR). According to leading global assurance provider, LRQA, organisations must assess their current approach and identify critical areas for improvement. They recommend that this is done in advance to…

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