Manufacturing
As ESG (Environmental, Social, and Governance) legislation grows ever more demanding, manufacturing companies are facing growing pressure to comply with regulations in areas such as sustainable sourcing, ethical labour practices, and reducing environmental impact. These demands are set to intensify with the expansion of the EU’s Green Deal in 2024, introducing new mandates aimed at increasing transparency, accountability and sustainability across sectors, including manufacturing.
Several key regulations will significantly impact the manufacturing industry, including the new “Green Claims” Directive, which targets greenwashing by requiring companies to substantiate any environmental claims made about their products. New regulation on deforestation will also impact companies importing key commodities such as wood, while the EU Ecodesign for Sustainable Products will push companies to incorporate eco-friendly materials and energy-efficient processes into their products.
These emerging regulations add to an already complex and evolving compliance landscape, further challenging businesses to keep up with industry developments and stay compliant.