New British standard gives guidance on organisational responses to modern slavery

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On 30 September 2022, almost seven years after the introduction of the Modern Slavery Act 2015, standard 25700:20221 of the British Standards Institution (BSI) came into effect. This offers guidance and recommendations on organisational responses to modern slavery. The standard, which applies to all organisations regardless of type, size and activity, recognises that drivers for tackling […]

British standard on modern slavery: key systems and controls

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At the end of September 2022, almost seven years after the introduction of the Modern Slavery Act 2015, standard 25700:2022 of the British Standards Institution (BSI) came into effect, offering guidance and recommendations on organisational responses to modern slavery. As explained in the first part of our four-part series, the standard provides a practical roadmap […]

British standard on modern slavery: incidents and remediation

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At the end of September 2022, almost seven years after the introduction of the Modern Slavery Act 2015, standard 25700:2022 of the British Standards Institution (BSI) came into effect, offering guidance and recommendations on organisational responses to modern slavery. As explained in this series, the standard provides a practical roadmap for navigating the complex modern […]

Climate campaigners sue BNP Paribas over fossil fuel finance

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Three French NGOs – Oxfam France, Friends of the Earth France and Notre Affaire à Tous – are bringing proceedings in France against BNP Parisbas, one of Europe’s largest financial institutions, in connection with its financing of fossil fuel polluters. The trio is arguing that the bank is failing to comply with its obligations under […]

“Greenwashing” – CMA investigations are not going away

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With more businesses using sustainability as a marketing tool, in a bid to attract environmentally aware consumers or to secure investment in environmental, social and governance (ESG)-related funds, it was only a matter of time before “green” or “eco-friendly” claims would attract the regulators’ attention. In July 2022, the UK Competition and Markets Authority (CMA) […]

ESG: a load of old greenwash?

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Transition to net zero in the UK and in many other jurisdictions relies heavily upon consumer and investor pressure, combined with environmental social governance (ESG) disclosure requirements. While there are some sectors of the economy which are well placed to deliver in this regard, the development sector being one, there is a Wild West elsewhere, […]

BNP Paribas climate case could prompt wider litigation against banking sector

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In February, three French NGOs, Friends of the Earth France, Notre Affaire à Tous and Oxfam France, launched proceedings in France against BNP Paribas, Europe’s largest bank, in connection with its financing of fossil fuel polluters and thus failing to comply with its obligations under the French corporate duty of vigilance law, which came into […]

Activist investors and NGOs leaving regulators in their wake

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On May 12, ClientEarth, the environmental law charity, saw its claim against the directors of Shell plc dismissed by the UK High Court. The claim has been touted as a “world-first lawsuit”: a derivative action against directors of a listed company for failing to manage climate-change risks that was backed by institutional investors. The claim […]

When is ‘green’ a red flag? Identifying eco fraud and supply chain risks

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In March, the UK government released its Green Finance Strategy, setting out plans to attract investment to help achieve the country’s net zero ambitions. Then, a month later, the National Fraud Strategy came out, revealing that fraud is “by far” the UK’s most common crime, representing 40% of offences in England and Wales. However, no […]

Time to take out the trash: Environment Agency launches new Economic Crime Unit

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The Environment Agency has launched a new Economic Crime Unit (ECU) to tackle serious financial offences in the waste sector. The launch comes after the Environment Agency’s National Waste Crime Survey 2023, which found that nearly one-fifth of all the waste produced in England was perceived to be illegally managed. Coupled with this, industry research […]