Author Archives: lotta@keyknowledge.com

CSRD research article

This thesis investigates how Nordic companies are preparing for and implementing the Corporate Sustainability Reporting Directive (CSRD), a transformative shift in sustainability regulation within the European Union. With a focus on strategy, challenges, and opportunities, the research explores how firms interpret and adapt to the CSRD’s legally binding and standardized reporting requirements. Using a qualitative […]

Posted in ESG

Green transition

Climate change and environmental degradation are an existential threat to the European Union and to the world. To overcome these challenges, the European Green Deal is Europe’s new growth strategy, which will transform the Union into a modern, resource-efficient and competitive economy. The European Green Deal aims to make Europe climate neutral by 2050, boost […]

Posted in ESG

The NIS2 directive

What is the NIS 2 Directive? NIS 2 (Directive (EU) 2022/2555) is the European Union’s updated framework for cybersecurity, replacing the original NIS Directive (2016). It is designed to enhance cybersecurity across the European Union by establishing a high common level of security for network and information systems. This directive expands the scope of covered […]

Siemens to prioritise AI investments in US….

…and China instead of Europe; as CEO Roland Busch says: I cannot explain to my shareholders why I am … Siemens is not happy with European Union (EU) regulations related to artificial intelligence (AI). Europe’s biggest engineering company has reportedly threatened to direct a larger share of its AI investments away from EU countries toward […]

High-level summary of the AI Act

Four-point summary The AI Act classifies AI according to its risk: Unacceptable risk is prohibited (e.g. social scoring systems and manipulative AI). Most of the text addresses high-risk AI systems, which are regulated. A smaller section handles limited risk AI systems, subject to lighter transparency obligations: developers and deployers must ensure that end-users are aware […]

SMEs Worldwide Must Prepare Now for Europe’s New Ambitious AI Regulation

Abstract: The EU Artificial Intelligence Act (EU AI Act) is gradually coming into force and poses significant challenges for small and medium-sized enterprises (SMEs). But instead of just seeing risks, SMEs can use the new rules as an opportunity to position themselves in global competition. A recent analysis by the Centre for European Policy (cep) […]