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Understanding ESG Materiality & its Importance in Sustainability Reporting

In a recent PwC survey, 76% of consumers said they would cease associating with brands and companies that treat employees, communities, and the environment poorly. Growing consumer awareness of environmental, social, and governance (ESG) components demands more actions towards ESG materiality assessments from businesses. ESG materiality assessments are iterative and unique to every business and… Continue reading Understanding ESG Materiality & its Importance in Sustainability Reporting

FTC Rules Protect Against GenAI-led Impersonations: Rule Finalizes to Protect Businesses, and Government from Scams

February 15, 2024, the Federal Trade Commission (FTC) finalized the rules to address AI-enabled impersonation scams to protect consumers, government, and business entities.    Generative AI (GenAI) adoption spiked in 2022 with the release of OpenAI’s large language model (LLM)-based tool. The tool’s popularity and widespread adoption across businesses replaced many white-collar positions with AI,… Continue reading FTC Rules Protect Against GenAI-led Impersonations: Rule Finalizes to Protect Businesses, and Government from Scams

U.S. Data Privacy Laws 101

The consumer data collection process is saturated with ethical and legal complexities. Yet, firms cannot get enough of this ‘digital fuel’ for their business and marketing initiatives. With new technologies and methods of personal data collection, consumer literacy about data privacy rights and risks challenges the so-called privacy paradox—consumers care about privacy but fail to… Continue reading U.S. Data Privacy Laws 101

Final Rule Announced for SEC Climate-related Disclosures: What’s New in 2024

The world economy has reached a fair turning point after several long-drawn discussions about the impact of climate-related risks on investments. Recently, in the first week of March, the U.S. Securities Exchange Commission (SEC) announced a final rule to enhance and standardize climate-related disclosure for investors. The new amendments to the SEC climate-related disclosure rule… Continue reading Final Rule Announced for SEC Climate-related Disclosures: What’s New in 2024

Unraveling GDPR: GDPR Compliance Checklist for U.S. Companies (Part 2)

As businesses rapidly turn digital, it is incredibly easier to interact globally and engage using customers’ data. GDPR’s data privacy regulations serve as the ultimate guardrail for U.S. businesses involved in trans-Atlantic data transfers and the data processing and monitoring activities of its EU and EEA customers. However, the learning curve is not steep. Almost… Continue reading Unraveling GDPR: GDPR Compliance Checklist for U.S. Companies (Part 2)