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Archive for the ‘Supply Chain’ Category

EU Taxonomy Regulation Delegated Acts (Apr 2021) – Supply Chain Alignment (2021)

Supply Chain

April 1, 2021

EU Taxonomy Regulation Delegated Acts (Apr 2021) – Supply Chain Alignment (2021)

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 […]

Canada’s Sustainable Jobs Act (Bill C-12, June 2020) – Supply Chain Skills Transparency (2021)

Supply Chain

March 15, 2021

Canada’s Sustainable Jobs Act (Bill C-12, June 2020) – Supply Chain Skills Transparency (2021)

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 […]

U.K. Environment Bill (Nov 2020) – Waste and Resource Efficiency Reporting for Supply Chains (2021)

Supply Chain

March 1, 2021

U.K. Environment Bill (Nov 2020) – Waste and Resource Efficiency Reporting for Supply Chains (2021)

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, […]

International Trade Council welcomes Biden’s 100-day review amid supply chain strains

News, Supply Chain

February 24, 2021

Washington, D.C. – The International Trade Council has welcomed President Joe Biden’s order for officials to find ways to bolster supply chains amidst the global shortage of computer chips that has hit car manufacturers around the world. The initial review is focused on computer chips, pharmaceuticals, rare earth minerals, and large batteries, such as those […]

U.S. Corporate Transparency Act (CTA, Dec 2020) – Beneficial Ownership for Supply Chain Verification (2021)

Supply Chain

February 15, 2021

U.S. Corporate Transparency Act (CTA, Dec 2020) – Beneficial Ownership for Supply Chain Verification (2021)

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 […]

EU Conflict Minerals Regulation Implementation Report (Jan 2021) – Supply Chain Audits (2021)

Supply Chain

February 1, 2021

EU Conflict Minerals Regulation Implementation Report (Jan 2021) – Supply Chain Audits (2021)

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 […]

Canada’s Bill C-14 (Modern Slavery Act, Introduced June 2020) – Preemptive Corporate Actions (2021)

Supply Chain

January 1, 2021

Canada’s Bill C-14 (Modern Slavery Act, Introduced June 2020) – Preemptive Corporate Actions (2021)

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 […]

U.S. National Defense Authorization Act (NDAA) for Fiscal Year 2021 – Supply Chain Security Updates

Supply Chain

December 15, 2020

U.S. National Defense Authorization Act (NDAA) for Fiscal Year 2021 – Supply Chain Security Updates

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 […]

EU Circular Economy Action Plan (2020) – Mandatory Supply Chain Material Flows (2021)

Supply Chain

December 1, 2020

EU Circular Economy Action Plan (2020) – Mandatory Supply Chain Material Flows (2021)

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 […]

U.S. Uyghur Forced Labor Prevention Act (Signed Dec 2020) – Interim Supply Chain Exclusions (2021)

Supply Chain

November 15, 2020

U.S. Uyghur Forced Labor Prevention Act (Signed Dec 2020) – Interim Supply Chain Exclusions (2021)

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 […]

Canada’s Bill C-15 (UNDRIP Implementation Act, June 2020) – Indigenous Supply Chain Rights (2021)

Supply Chain

November 1, 2020

Canada’s Bill C-15 (UNDRIP Implementation Act, June 2020) – Indigenous Supply Chain Rights (2021)

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 […]

Australia’s Modern Slavery Act (2018) – First Supplier Scorecard Pilots (2020)

Supply Chain

October 15, 2020

Australia’s Modern Slavery Act (2018) – First Supplier Scorecard Pilots (2020)

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 […]

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