“Homeshoring”, or moving production back to a company’s home country, to counter geopolitical tensions is driving demand for low-cost migrant workers, raising labour risks in markets once deemed “low risk”, says the global assurance firm.
Growers and traceability platforms at the Roundtable for Sustainable Palm Oil say the compliance portal for EU’s deforestation law – meant to kick in next month – only opened for registration last week and is not fully live yet.
As Asian firms scale up disclosures, the International Auditing and Assurance Standards Board (IAASB)'s guidance – effective from December 2026 – could help curb greenwash if backed by strong regulatory frameworks, say industry players.
With Australia, Japan, Hong Kong, Malaysia, New Zealand, Philippines and Singapore introducing mandatory climate reporting rules, a stricter sustainability reporting regime is upon firms. What are key shifts to note as new rules kick in?