CSRD Regulation & Counterfeit Goods | Via The Legal Diary

The Corporate Sustainability Reporting Directive (CSRD) mandates companies to take greater responsibility for customer health and safety, including addressing counterfeit goods. Counterfeits pose serious risks, with up to 97% being dangerous, exemplified by unsafe counterfeit versions of anti-choking devices imitating legitimate brands LifeVac and Dechoker. Non-compliance can jeopardize public safety, incur penalties, and damage brand reputation, as seen with the Royal Mail’s fake stamp scandal.

In an exclusive article for The Legal Diary, Angela Williams, Chief People Officer and ESG Lead at Corsearch, analyzes how the CSRD presents an opportunity for companies to tackle counterfeit issues proactively. Angela also explores how AI-driven tools can help businesses help remove counterfeits at scale, improving ESG compliance and safeguarding consumers from harm.

Read the full article here