"Policy Regulation Compliance" News Archive

In a landmark decision, a Brazilian court has ordered cattle rancher Dirceu Kruger to pay over $50 million in compensation for illegal deforestation of the Amazon rainforest. The ruling represents the largest civil case for climate crimes in Brazil's history, signaling a robust legal effort to address environmental degradation and promote accountability.

The European Union's Approach to Deforestation and Its Global Implications

The recent Supreme Court decision has ignited widespread concern over the future of environmental protections in the United States, with significant implications for businesses engaged in sustainable procurement. The ruling, which curtails the regulatory authority of the Environmental Protection Agency (EPA), has introduced a new layer of complexity for companies striving to meet sustainability goals.

The European Union's Carbon Border Adjustment Mechanism (CBAM) has sparked significant debate, particularly concerning its potential impact on trade relations with key partners such as India. However, EU officials have recently clarified that the primary aim of CBAM is environmental sustainability, not the erection of new trade barriers.

The European Union’s forthcoming Corporate Sustainability Reporting Directive (CSRD) is poised to reshape the landscape of mergers and acquisitions (M&A) across the continent. This landmark legislation, mandating comprehensive ESG disclosures, has raised significant concerns within the business community about its potential impact on M&A activity.

Join CommonShare's CEO Martin Smith at the USFIA 2024 Conference on November 13th to explore solutions for trade, transportation, and compliance challenges in the fashion industry.

Despite strong support from environmental advocates, the New York Fashion Act faces significant resistance from influential trade groups like the AAFA, posing ongoing legislative challenges for the fashion industry.

The European Commission has recently implemented an EU-wide restriction on the use of siloxanes, a class of solvents previously marketed as a safer and more environmentally friendly alternative to perchloroethylene (Perc) for dry cleaning textiles.