ESG: The Brussels effect at a crossroads

19 Jun - 20 Jun 2025

Session information

Bridging the ESG divide: harmonising Global North standards with Global South realities

Description

The proliferation of ESG regulations emanating from Europe, such as the Corporate Sustainability Due Diligence Directive (CSDDD), sustainable finance and country-specific rules, has created a complex compliance landscape for multinational corporations and their subsidiaries. These regulations mandate rigorous due diligence, risk mitigation and remediation of human rights and environmental impacts, coupled with extensive disclosure. The application of these Global North-centric standards to Global South contexts presents significant challenges for corporate counsel on both sides of the equator, resulting in data, technology, regulatory and cultural disconnects and misapplications. This panel of in-house and external corporate counsel will explore those challenges through real life examples and suggest practical strategies for bridging this divide. We will discuss innovative approaches to adapt compliance frameworks, enhance capacity building and leverage technology to streamline ESG compliance. The goal is to identify solutions that not only ensure compliance but also create shared value, fostering a more equitable and sustainable global business environment.