James Hay on Muck Rack

James Hay

Gloucester
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Articles

Multinationals assess ESG ratings risk as new EU regime takes effect

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By James Hay
| Out-Law.com Verified
New EU rules governing ESG ratings take effect today, introducing a formal regulatory framework for the firms that assess companies’ environmental, social and governance performance. The new regime is designed to improve the transparency, integrity and independence of ESG ratings, which increasingly influence investment decisions, access to capital and procurement opportunities. We’ll speak to a sustainability expert about what the changes mean for employers and multinational organisations.
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European Commission seeks input on CS3D implementation

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By James Hay
| Out-Law.com Verified
The consultation, announced on 12 June, aims to support businesses, both large EU companies and non-EU companies with significant EU activity, to meet the new requirements within the EU Corporate Sustainability Due Diligence Directive, or CS3D.
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New NHS England net zero requirements mark significant step-up for suppliers

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By James Hay
| Out-Law.com Verified
The long-awaited guidance follows a market sounding survey conducted last year to engage NHS suppliers and trade bodies on how to meet enhanced targets in line with the healthcare provider’s net zero ambitions. Since April 2023, the NHS net zero roadmap has required large suppliers of any new NHS England contracts above £5 million to publish CRPs. In April 2024, this requirement was proportionately extended to cover all new procurements.
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