The U.S. Securities and Exchange Commission has adopted final rules guidance for public companies disclosing material cybersecurity risks and annual security risk management.
Browse CSR Regulations by Topic
The Latest Requirements in Sustainability, Labor Practices, and More
CSR regulations in the U.S. and abroad are constantly evolving. To help keep our members in the corporate citizenship community well informed, the BCCCC delivers a monthly briefing, Regulatory Radar. Each individual brief is a summary of a recent regulatory decision that may impact an organization's CSR efforts. The briefs and the monthly compilation email are accessible to BCCCC members only.
If you're not yet a member, take a moment to learn more about our coverage of CSR regulations, along with other BCCCC membership benefits.
Current members can access the CSR regulation briefs below, categorized by key sustainability topics.
Corporate Citizenship
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New York governor Kathy Hochul has signed legislation providing protections, rights, and opportunities for recourse to freelance workers experiencing non-payment for their services.
As part of the Inflation Reduction Act, the Biden administration has announced new measures to lower the cost of prescription drugs by fostering competition throughout the health care sector.
The Biden Administration's executive order on the use of artificial intelligence (AI) directs federal agencies and departments to create new standards and regulations for the use and oversight of AI.
Engaging Employees
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Spain’s Council of Ministers has approved a 5% increase in monthly minimum wage.
Wisconsin Governor Tony Evers signed into law the country’s third earned wage access (EWA) bill.
For now, Florida employers may proceed with DEI trainings. Experts recommend companies stay abreast of developments and future proposed legislation.
The bill aims to amend the Fair Labor Standards Act, which set the standard at 40 hours of work per week in 1940. According to the proposal, employees who currently work Monday through Friday, eight hours per day, would get to add an extra day to their weekend.
Community Involvement
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REGULATORY RADAR - India’s Foreign Contribution (Regulation) Amendment Act 2020 (FCRA 2020) came into force on September 29, 2020; read updates on the changing terms.
REGULATORY RADAR - New York Governor Andrew Cuomo has signed new legislation that incorporates the federal Johnson Amendment into state law.
The India government passed the Rights of Persons with Disabilities Bill (RPwD) on December 14, 2016. The new legislation complies with the UN Convention on Rights of Persons with Disabilities, and increases the number of officially recognized categories to 21 from seven.
Despite being one of the world’s largest and fastest growing economies in recent years, China ranked next to last in the World Giving Index, according to a report by the Charities Aid Foundation, which measures charitable giving behavior across 146 different countries.
Sustainablity Reporting
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The Financial Conduct Authority (FCA) has published its final rules on the UK’s Sustainability Disclosure Requirements (SDR) regime.
Under a new set of G20-backed global rules written by the International Sustainability Standards Board (ISSB), companies will face more pressure to disclose how climate change is affecting their business
Japan will soon be the first country to issue guidelines for ESG data and ratings providers, as global regulators step up scrutiny of firms that measure companies on their ESG practices.
This month the Biden Administration proposed that all federal contractors (except those receiving less than $7.5 million annually in contracts) be required to disclose their GHG emissions; disclose climate-related financial risks; and set science-based emissions reduction targets.
Responsible Corporate Leadership
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The United Nations (UN) General Assembly unanimously adopted the first global resolution on artificial intelligence (AI).
For now, Florida employers may proceed with DEI trainings. Experts recommend companies stay abreast of developments and future proposed legislation.
New Jersey Governor Phil Murphy signed an executive order to establish a commission between the state and India to advance bilateral trade and investment and encourage economic development.
The World Health Organization (WHO) published guidance on the use of generative AI in the healthcare sector.
Environmental Sustainability
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The U.S. Fish and Wildlife Service (FWS) and the National Marine Fisheries Service (NMFS) finalized a recent set of revisions to the Endangered Species Act that were rolled back under the previous presidential administration.
The California Department of Water Resources (DWR) released the California Water Plan Update 2023 (CWP 2023 Update) and calls the plan “A Roadmap to Water Management and Infrastructure for a Water Resilient Future.”
The “Safer Communities by Chemical Accident Prevention Rule” includes EPA’s most protective safety provisions for chemical facilities in history, requiring stronger measures for prevention, preparedness, and public transparency.
The rule requires incorporating improved fuel-efficient technologies for airplanes manufactured after January 1, 2028, and for subsonic jet airplanes and large turboprop and propeller airplanes that are not yet certified.
Supply Chain Management
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Canada’s Bill S-211—currently in committee at the House of Commons—aims to address forced labor and human rights abuses within corporate supply chains.
REGULATORY RADAR - The Uyghur Forced Labor Prevention Act (UFLPA) has been in effect in the United States as of June 21, 2022.
REGULATORY RADAR -On July 13, 2021, Maine signed the United States’ first packaging-based extended producer responsibility (EPR) program into law, signaling a possible change in the recycling systems in the nation.
REGULATORY RADAR - The guidance is intended to enhance companies' capacity to eradicate forced labor from value chains.