Aug 21 2023

How Would ESG Reporting Impact Business Financial Performance?

By Juan Liu

In July 2023, the European Union (EU) unveiled a landmark directive that mandates ESG (Environmental, Social, and Governance) disclosures for major public companies, starting from January 1st, 2024. Under this new rule, businesses listed in Europe will be required to detail ESG-related risks, opportunities, and impacts as fundamental elements of their business strategies and decision-making…

Aug 21 2023

Unpacking the EU’s Latest Directive on Sustainability Reporting

By Juan Liu

The Directive 2013/34/EU of the European Parliament and of the Council, is a part of the Green Deal initiative from the European Union to direct economic growth from resource use to a socially sustainable economic system. This directive establishes a comprehensive sustainability reporting framework for companies listed in the European Union to provide more consistent,…