The implementation of a new European Union law requiring corporate social and environmental risk reporting is predicted to have a significant impact on British businesses.

Rachel Delacour, an entrepreneur and angel investor, highlighted the importance of this legislation, stating that it is a crucial moment for promoting sustainability in Europe.

As companies grapple with the consequences of this regulation, they will need to address both regulatory and reputational risks.

The objective of the law is to increase transparency and accountability in corporate practices, encouraging businesses to adopt more sustainable operations.

This shift is expected to have a ripple effect throughout the financial landscape, influencing investment decisions and corporate strategies in the UK and beyond.