As the post-pandemic workplace continues to evolve, certain pressures have emerged around creating and maintaining a strategy of corporate sustainability reporting. A new law from the European Union known as the Corporate Sustainability Reporting Directive is expected to impact thousands of US companies (and many more worldwide) that do business in the EU.
The EU law will require audited reporting in four specific areas: employees; employees of a company’s distribution and supply chain partners; customers, and communities, including environmental impact.
Rewards Recognition Network (RRN) recently conducted a market study among incentive and recognition firms to gauge whether or not they see an opportunity to play a role in providing services related to the reporting and management requirements.
QIC was asked to participate in the study. You can find the results of our opinions here, as well as responses from the other industry participants.