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McAlan Blog

deforestation
ESG/Sustainability

European Companies’ Supply Chains That Incorporate Seven Important Commodities Will Be Impacted by the European Union Deforestation Regulation (EUDR)

Once again leveraging its position as the world’s third largest economy, the EU continues to lead the world in protecting the global environment. The EU Deforestation Regulation (EUDR), which became effective on June 29, 2023, will impact agricultural, forestry and business practices around the world.
Allen Campbell
November 8, 2023
deforestation
ESG/Sustainability

New Canadian Modern Slavery Law

The Fighting Against Forced Labor and Child Labor in Supply Chains Act was enacted on May 3, 2023, and becomes effective in January 2024. It requires in-scope companies and all government organizations in Canada to provide annual reports on how they manage forced labor/child labor risks – in their own operations and their product supply chains.
Allen Campbell
October 25, 2023
Information

Apple And Overstock: The Value Of A Name

Although all Americans celebrate Independence Day on July 4, those who own Apple stock may be rejoicing more than others this year. On the final trading day before the holiday weekend, Apple became the first publicly traded company to achieve a $3 trillion market value.
Michael Kraten
October 11, 2023
ESG/Sustainability

Do Citizens Have a Constitutional Right to a Clean and Healthful Environment?

Over 1500 cases have been filed in courts around the world seeking relief from climate change. These cases have been based on various legal theories. A recent, highly unusual theory is that such rights are grounded in a state’s constitution. This constitutional theory has successfully argued in four noteworthy cases, one in Montana, the second in the Netherlands, the third…
Allen Campbell
October 4, 2023
ESG/Sustainability

And The Pigs Shall Lead!

Do you remember George Orwell’s classic novel Animal Farm? In that fable of a farm that is managed by its own livestock, the pigs become the leaders of the rural community. Although that didn’t quite occur last week, a pig protection law did manage to survive a Supreme Court decision that may impact the future of sustainability regulation.
Michael Kraten
September 27, 2023
ESG/Sustainability

Arizona’s Slow Motion Disaster

In the 2004 film The Day After Tomorrow, a trio of meteorological “super storms” triggers a global descent into a second Ice Age. How much time do the storms need to destroy the planet? A few days to a week is all they require to wreak havoc on the world.
Michael Kraten
September 13, 2023
ESG/SustainabilityValue Chain Sustainability Laws

Mandatory Reporting of Opportunities under the European Union Corporate Sustainability Reporting Directive (CSRD)

This is another blog post in our series on Value Chain Sustainability. In a Nutshell: The new Corporate Sustainability Reporting Directive (CSRD) of the European Union will mandate in-scope companies to disclose “opportunities related to sustainability matters”. This is questionable public policy for many reasons and should be reconsidered. 
Allen Campbell
August 23, 2023
ESG/SustainabilityInformation

Sustainability Standards: Is This An Improvement?

by Michael Kraten, PhD, CPA What is the most common complaint heard about the current state of sustainability reporting standards? It may be the bloated number of free-standing, independent, overlapping, and often conflicting standards. Regrettably, no single entity has yet emerged as the clear consensus choice for defining corporate disclosures. There were hopes, though, that this situation would have improved two weeks…
Michael Kraten
August 15, 2023
ESG/SustainabilityValue Chain Sustainability Laws

Game Changer: The European Union Corporate Sustainability Reporting Directive (CSRD)

Game Changer: The European Union Corporate Sustainability Reporting Directive (CSRD) This is another blog post in our series on Value Chain Sustainability. In a Nutshell: The Corporate Sustainability Reporting Directive (CSRD) will require nearly 50,000 EU companies -- and about 11,000 non-EU companies -- to report on ESG matters. Beginning in 2024, companies will have to report, if material, on…
Allen Campbell
March 30, 2023
ESG/SustainabilityInformationValue Chain Sustainability Laws

Groundbreaking lawsuit against BNP Paribas

French banking giant sued for financing fossil fuel companies This is another post in our series of blog posts on Value Chain Sustainability laws. Several non-governmental organizations (NGOs) filed a summons against BNP Paribas on February 23, 2023. At issue is whether the bank’s climate risk plan is inadequate, in violation of the French Duty of Vigilance law. The plaintiffs…
Allen Campbell
March 10, 2023
ESG/SustainabilityValue Chain Sustainability Laws

German Supply Chain Due Diligence Takes Effect January 1, 2023

This is another blog in our series of blog posts on Value Chain Sustainability laws. Germany’s landmark Act on Corporate Due Diligence Obligations in Supply Chains (“Gesetz über die unternehmerischen Sorgfaltspflichten zur Vermeidung von Menschenrechtsverletzungen in Lieferketten”) goes into effect January 1, 2023. It will apply to all companies whose head office, main branch or statutory seat is in Germany, if…
Allen Campbell
December 28, 2022
Negotiations
ESG/SustainabilityValue Chain Sustainability Laws

European Council Adopts Negotiating Position on Corporate Sustainability Due Diligence Directive

We have been closely following the legislative progress of the EU draft Directive on Corporate Sustainability Due Diligence (“CSDD”). Please see our previous posts on the subject of Value Chain Sustainability. The legislation took a big step forward on November 30, 2022, when the Council of the European Union (the “Council”) adopted a  “negotiating position” on the European Commission’s CSDD…
Allen Campbell
December 21, 2022
Value Chain Sustainability Laws

Get Ready for Big Changes in Global Commerce

By Allen Campbell, Founder and CEO McAlan Published on the website of World Trade Center, Palm Beach Have you heard about Expected European Union Mandatory Due Diligence (EUMDD)? Based on high-minded ethical principles, impending EUMDD legislation will be revolutionary. It will introduce new compliance burdens, and also provide new opportunities for business success.   Read the Full Article Here
Allen Campbell
January 13, 2022
Value Chain Sustainability Laws

Proposed European Value Chain Legislation Will Affect Companies Around the World

Getting Ready for EUMDD By  Allen Campbell, JD Published in CPA Journal, January, 2022 U.S. business owners and their accounting professionals may be surprised to learn about a proposed European legal regime that will have a major impact on global business. Their surprise might turn to shock when they learn that businesses they own or serve will become subject to legal…
Allen Campbell
January 7, 2022
McAlan Overview

Coping with the COVID-19 Pandemic: Taking Care of Business, Taking Care of Yourself, Taking Care of Your People.

This is our first blog post focused on the COVID-19 pandemic, and it deals with the three dimensions to surviving and thriving any crisis: the well-being of your organization, the well-being of yourself, and the well-being of your people. Thus our Survive and Thrive workbook is uniquely divided into two parts: Business Resilience and Personal Resilience. Business Resilience is the…
Allen Campbell
September 17, 2021