Audit, Compliance and Risk Blog

On February 26, the European Union’s (EU’s) European Commission issued its “Omnibus I” proposal to “recalibrate” the EU’s Corporate Sustainability Reporting Directive (CSRD), by reducing reporting requirements and excluding smaller entities.  The CSRD was adopted in November 2022 and took effect in January 2023 (I wrote about it HERE), providing reporting requirements that are being phased in during 2024-2028. CSRD superseded and narrowed the EU’s previous Non-Financial Reporting Directive (NFRD; which I discussed HERE). The remainder of this note discusses the proposed changes. 

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Tags: CSRD, ESG, Hazardous Material, RegulatoryUpdates, Risk Management, Sustainability Reporting, EU Regulations, Sustainability Strategy, Corporate Sustainability, EU Compliance

The US Bureau of Labor Statistics (BLS) compiles data about occupational injuries and illnesses (I&I), and issues annual reports about occupational injuries, illnesses and fatalities. BLS cooperates with Occupational Safety and Health Administration (OSHA) requirements that employers record occupational I&I as they occur, and compile annual I&I logs to inform workers and regulators of overall rates.  BLS issued its report for calendar year 2023 in December 2024, highlighting causes and distributions of workplace deaths, and noting that they were lower than in 2022. The rest of this note summarizes how these occupational incidents are reported and counted. 

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Tags: Health & Safety, OSHA, EHS, Safety and Health at Work, Injury, Health and Safety Compliance, Workplace Safety Guidelines, Risk Management