What China’s actions tell us about a new era of global corporate reporting

The idea only European companies are going to be subject to strict corporate due diligence rules is dangerously misleading

Developments in corporate reporting initiatives in Asia signify more than a fleeting change, they mark a profound transformation in the business environment. However, as the EU proceeds with the implementation of its Corporate Sustainability Reporting Directive, and the US looks to advance the Securities and Exchange Commission’s climate disclosure rules, there is a perception that the only significant discussions on corporate reporting are taking place within the EU and the US.