Judson Berkey is a Managing Director in UBS’s Chief Sustainability Office. He has worked at UBS since 2003 on global risk, regulatory and compliance topics. He chairs the Institute of International Finance Sustainable Finance Working Group and is on the Taskforce for Nature-related Financial Disclosures and Capitals Coalition Advisory Board.
Hall C (Level 2)
Elevating ESG
The EU is a global frontrunner in advancing sustainability across multi-market supply chains through regulations such as the CSDDD and EUDR. However, these regulations face criticism for difficulties in interpretation, compliance, and heightened costs for the parties involved. Additionally, countries and sectors are campaigning to ring-fence the impact on their constituents, leading to a dilution of the desired outcomes.
Is there still a case for EU regulation as a prime driver of change? What’s needed to make this a reality?