The adoption of the EU Taxonomy Regulation’s delegated acts in April 2021 represented a turning point in how financial institutions are expected to engage with sustainability within their portfolios. While the taxonomy itself had been in force since mid-2020, these delegated acts added the critical operational detail necessary for firms to begin aligning their lending […]
The introduction of Canada’s Sustainable Jobs Act, known as Bill C-12, back in June 2020 set the stage for a legislative framework that aims to guide the country through the complexities of a just transition toward a low-carbon economy. While the bill is still pending passage, the expectations it has already generated are shaping decisions […]
For anyone who has worked with international economic data, the peculiarities of classification systems are all too familiar. Most analysts have, at some point, encountered the tangle of industry codes that form the backbone of any rigorous study of sectoral growth, trade flows, or productivity. At the global level, the International Standard Industrial Classification (ISIC) […]
With the Royal Assent of the U.K. Environment Bill on November 9, 2020, attention has turned swiftly to the practicalities of implementation. The bill represents one of the most significant overhauls of environmental governance in the United Kingdom in decades. While much of the public focus has been on biodiversity, air quality, and water management, […]
In the wake of the pandemic, digital commerce seemed to leap forward by years in just a matter of months. Across every city and town, new online storefronts sprang up—some launched by entrepreneurs with no retail background, others by established brands forced to rethink everything from logistics to customer service. For economists and analysts, capturing […]
The enactment of the U.S. Corporate Transparency Act (CTA) in December 2020 marked a pivotal development in efforts to combat financial crime, with ripple effects now reaching deeply into supply chain governance. While the legislation’s immediate intent focused on preventing money laundering and terrorist financing, its requirements for beneficial ownership disclosure create a significant opportunity—and […]
The release of the first annual implementation report for the EU Conflict Minerals Regulation in January 2021 provided a timely window into how sectors such as automotive and electronics are responding to the increasingly complex task of auditing their tin, tungsten, tantalum, and gold (commonly referred to as 3TG) supply chains. The Regulation, which came […]
The introduction of the Food Supply Chain Resiliency Act in November 2020 marked a turning point in U.S. agricultural policy thinking, or at least it signaled a new sense of urgency. The proposal, as drafted, aimed to create national transparency across critical food production layers, from farm to processor. While the Act has not yet […]
The urgency of vaccine development during the pandemic brought research spending into public view as rarely before. Headlines trumpeted billion-dollar pledges, but behind every news release was a web of laboratories, biotech firms, and academic partners. For economists and policy analysts wanting to trace where the money actually went—and how much of it targeted vaccines […]
Since the introduction of Canada’s Bill C-14, the Modern Slavery Act, in June 2020, many retailers and importers have found themselves facing an uncomfortable but necessary reckoning. The bill, though still progressing through the legislative process, has already sent a strong signal: the era of voluntary modern slavery reporting is drawing to a close. For […]
The signing of the U.S. National Defense Authorization Act for Fiscal Year 2021 in December 2020 marked yet another turning point in the government’s approach to supply chain security, particularly for defense-related industries. While supply chain resilience has long been a concern for the Department of Defense, the NDAA 2021 codified new priorities that reflect […]
The European Union’s Circular Economy Action Plan, first unveiled in March 2020, has quickly become a cornerstone of industrial sustainability policy across the bloc. For manufacturers, particularly those operating within energy-intensive and material-heavy sectors, the Action Plan has introduced not just high-level goals but increasingly detailed expectations for supply chain transparency. One of the most […]
The Uyghur Forced Labor Prevention Act, signed into law on December 23, 2020, represents one of the most sweeping attempts by the United States to address allegations of forced labor in global supply chains, particularly those linked to the Xinjiang Uyghur Autonomous Region. The Act places a heavy burden on companies, especially in sectors like […]
When supply chains began to fray in early 2020, the first signs weren’t always visible on supermarket shelves. For many manufacturers, the cracks showed up as missed deliveries, empty bins in the warehouse, and anxious calls from sub-contractors suddenly unable to ship components. Metal parts—everything from fasteners to specialized castings—were among the most ubiquitous and […]
The passage of Canada’s Bill C-15, more formally known as the United Nations Declaration on the Rights of Indigenous Peoples Act, marked a significant shift in how natural resource firms must navigate supply chain operations. After its Royal Assent in June 2020, the legislative framework began reshaping expectations for corporate conduct in regions intersecting with […]
The passage of Australia’s Modern Slavery Act in 2018 prompted significant reflection across multiple sectors, but it wasn’t until the first reporting cycles in 2019 that the scale of the challenge became truly clear. Mining firms, manufacturers, retailers—each began grappling, in varying degrees of seriousness, with the Act’s reporting requirements. Yet, for all the initial […]