ESG Regulation
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Europe’s fast-fashion brands to fund waste directive initiatives
The textiles and fashion sector will be required to fund new waste initiatives in the European Union under proposed “polluter…
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EU looks for balance in forever chemicals ban
Ursula von der Leyen, the European Commission president, has told MEPs that the proposed blanket ban on the use of…
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Europe’s financial sector supervisors call out greenwashing risk
Member states need to step up action to mitigate greenwashing risks across the sector, according to Europe’s financial services supervisors.…
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EU Council approves methane emission rules for energy sector
Europe’s energy operators will have to measure and monitor methane emissions under new rules adopted by the Council of the…
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NGO calls for ban on PFAS pesticides as study detects ‘alarming’ water contamination
Europe should impose a ban on all PFAS pesticides, said scientists at NGO Pesticide Action Network Europe (PAN Europe) after…
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German multinationals urged to up ESG game in China
There are currently no mandatory ESG reporting and governance guidelines in China but a leading Beijing-based law firm advising German-speaking…
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EU Council sounds starting gun for compliance with CSDDD as it gets green light
Europe’s Corporate Sustainability Due Diligence Directive (CSDDD) has received final approval and the biggest companies that fall under its remit…
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More chemicals should be banned under Europe’s new toy safety rules, says EU Council
Europe should further strengthen proposals to increase toy safety regulations, the Council of the European Union said as it adopted…
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Insurers warned over UK FCA’s anti-greenwashing rule non-compliance
Pensions and financial services consultant Hymans Robertson is warning insurers that the anti-greenwashing rule from the UK’s Financial Conduct Authority…
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IASB meets in China to discuss climate reporting
The Emerging Economies Group of the International Financial Reporting Standards (IFRS) board will meet in Taiyuan, China, on 28-29 May,…
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Multinationals may seek to relocate supply chains to avoid ESG demands
Companies may be opting to relocate production to regions with less strict environmental regulations in order to circumvent the costs…
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New publication aims to make CSRD accessible for all
A new publication has been launched explaining the EU’s mandatory sustainability reporting requirements under the Corporate Sustainability Reporting Directive (CSRD).…
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Deadline looms nearer for ‘ESG’ funds as ESMA finalises guidance
The European Securities and Markets Authority (ESMA) has published the final report containing guidelines on funds’ names using ESG or…
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Nature Restoration Law on a knife edge as crucial vote looms
The Irish government is leading calls for the approval of the Nature Restoration Law (NRL), which was adopted by the…
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EU strengthens CO2 emission standards for heavy-duty vehicles
The European Council has formally adopted the regulation on CO2 emission standards for heavy-duty vehicles, amending and strengthening the existing…
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Four in five non-EU companies to align with CSRD
The majority (81%) of companies not subject to the European Union’s Corporate Sustainability Reporting Directive (CSRD) intend to partially or…
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Europe warns airlines of ‘misleading’ green offsetting claims
Twenty airlines operating in Europe have been put on notice that their offset schemes offered to passengers could be in…
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CSDDD a ‘milestone for responsible business conduct’
The Corporate Sustainability Due Diligence Directive (CSDDD), adopted by the European Parliament last week, will codify the UN Guiding Principles…
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European Parliament approves regulation to tackle forced labour
The European Parliament has given its final approval to a new regulation that enables the EU to prohibit the sale,…
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European Parliament votes for ‘hard-fought compromise’ on CSDDD
MEPs have voted in favour of the Corporate Sustainability Due Diligence Directive (CSDDD), giving the final green light to rules…