ESG Latin America & the Caribbean Guide 2024 | Charting Sustainable Futures |
|
Turks & Caicos Islands |
|
|
(Latin America/Caribbean)
Firm
Misick & Stanbrook
Contributors
Akierra Misick |
|
| ESG Regulation related to climate change prevention or mitigation, specifically concerning carbon footprint or pollution measurement, decarbonization strategies, and/or mandates and strategies to achieve local carbon neutrality commitments | Laws/regulations concerning climate change prevention or mitigation include:
The scope of the application is Federal. |
| ESG Regulation regarding energy transition (requirements or promotion and use of new second-generation renewable energy sources such as solar, wind, tidal, H2, geothermal, among others). | Laws/regulations concerning energy transition include:
The scope of the application is Federal. |
| ESG Regulation concerning electricity markets, carbon markets, or similar. | Laws/regulations concerning electricity markets, carbon markets, or similar include:
The scope of the application is Federal. |
| ESG Regulation in the realm of green or sustainable financing, including taxonomies, provisions for mandatory reporting of material financial information on environmental or social matters, as prerequisites for issuing thematic bonds (green, sustainable, | Not applicable. |
| ESG Regulation for preventing greenwashing. | Not applicable. |
| Regulation on ESG Due Diligence applicable to value chains (MRV protocols to ensure the environmental integrity of products and services, etc.). | Not applicable. |
| Regulation in the field of circular economy. | Not applicable. |
| ESG Regulation related to stakeholder well-being and social impact. | Not applicable. |
| ESG Regulation concerning non-discrimination. | Laws/regulations concerning non-discrimination include:
The scope of the application is Federal. |
| ESG Regulation pertaining to the prevention of modern slavery. | Laws/regulations concerning the prevention of modern slavery include:
The scope of the application is Federal. |
| ESG Regulation regarding Diversity, Equity, and Inclusion - DEI. | Laws/regulations concerning Diversity, Equity, and Inclusion include:
The scope of the application is Federal. |
| Regulation on ESG-linked compensation. | Not applicable. |
| ESG Regulation for the protection of vulnerable or minority communities. | Not applicable. |
| ESG Regulation for economic development of vulnerable or minority communities or groups. | Not applicable. |
| Regulation on Personal Data Protection, concerning data usage transparency, limits on data usage to prevent discrimination issues, and corporate digital responsibility. | Not applicable. |
| ESG Regulation regarding the integration of the board of directors, board of trustees, or management body of the company (minimum participation/representation of women or minority groups, guidelines on the composition of board members with expertise in ES | Not applicable. |
| Regulation on fiduciary responsibility and administrators' roles in environmental and social risk management (standards or interpretations regarding the scope of fiduciary responsibility or administrator's duty concerning the company's social purpose, bas | Not applicable. |
| ESG Regulation concerning corporate purpose. | Not applicable. |
| Regulation on types of Benefit and Collective Interest Companies (certifications like B Corps, specific regulations for BIC companies). | Not applicable. |
| ESG Regulation regarding supply chains from the perspective of ESG risk governance. | Not applicable. |
| ESG Regulation in the context of M&A (ESG due diligence). | Not applicable. |
| ESG Regulation related to Corporate Digital Responsibility. | Not applicable. |
| Specific mandates related to national alignment with specific reporting standards. | Specific mandates related to national alignment with specific reporting standards include: The scope of the application is Federal. |
| Standards regarding the scope and frequency of such reports. | Standards regarding the scope and frequency of such reports include: The scope of the application is Federal. |
ESG Latin America & the Caribbean Guide 2024 | Charting Sustainable Futures
Turks & Caicos Islands
(Latin America/Caribbean) Firm Misick & StanbrookContributors Akierra Misick
Updated 22 May 2024Laws/regulations concerning climate change prevention or mitigation include:
- Marine Pollution Ordinance
Provides for pollution mitigation
The scope of the application is Federal.
Laws/regulations concerning energy transition include:
- Electricity Ordinance
Provides for the management and regulation of energy
The scope of the application is Federal.
Laws/regulations concerning electricity markets, carbon markets, or similar include:
- Electricity Ordinance
Provides for the management and regulation of energy
The scope of the application is Federal.
Not applicable.
Not applicable.
Not applicable.
Not applicable.
Not applicable.
Laws/regulations concerning non-discrimination include:
- The Constitution of the Turks & Caicos Islands
Provides for basic human rights.
The scope of the application is Federal.
Laws/regulations concerning the prevention of modern slavery include:
- The Trafficking in Persons (Prevention) Ordinance
Provides for the prevention of modern slavery.
The scope of the application is Federal.
Laws/regulations concerning Diversity, Equity, and Inclusion include:
- The Sex Disqualification (Removal) Ordinance
Prohibits disqualification based on sex/gender.
The scope of the application is Federal.
Not applicable.
Not applicable.
Not applicable.
Not applicable.
Not applicable.
Not applicable.
Not applicable.
Not applicable.
Not applicable.
Not applicable.
Not applicable.
Specific mandates related to national alignment with specific reporting standards include:
The scope of the application is Federal.
Standards regarding the scope and frequency of such reports include:
The scope of the application is Federal.