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The Science Based Targets initiative (SBTi) has released updated plans for its sectoral standards targeting the oil and gas, chemicals, and power industries—three of the largest global emitters. These updates...
The U.S. Environmental Protection Agency (EPA) has granted California the authority to implement its Advanced Clean Cars II (ACC II) regulations and low-NOx standards for heavy-duty and off-road vehicles. These...
The European Commission has introduced the Flight Emissions Label (FEL), a voluntary program offering airlines a standardized and transparent way to report flight emissions. Fully operational by July 2025, FEL...
Canada has entered a new era of sustainability reporting with the release of CSDS 1 and CSDS 2, now included in the CPA Canada Handbook – Sustainability. These standards, crafted...
The News: The European Parliament approved a one-year delay for the EU deforestation law, which aims to ban products sourced from deforested or degraded land. Initially set to take effect...
The European Securities and Markets Authority (ESMA) has published a Q&A to provide clarity on the Guidelines for funds’ names using ESG or sustainability-related terms. This guidance ensures a consistent...
The News: The European Union has finalized ambitious regulations requiring all packaging to be 100% recyclable by 2030. The comprehensive rules target the full lifecycle of packaging,emphasizing re-use, recycling, and...
The Story: The Hong Kong government unveiled a roadmap to implement the International Financial Reporting Standards – Sustainability Disclosure Standards (ISSB Standards) across publicly accountable entities (PAEs) by 2028. This...
The Swiss Federal Council has launched a consultation on proposed updates to its sustainability-related disclosure rules, aimed at aligning with international developments and Switzerland’s climate targets. The consultation, initiated during...
The UN-convened Net-Zero Asset Owner Alliance (NZAOA) is calling for mandatory regulatory mandates to address persistent challenges in Scope 3 emissions disclosure, which account for up to 75% of most...
The European Union has agreed to delay the enforcement of its deforestation regulation by 12 months, moving the application date to December 30, 2025. This decision aims to provide additional...
The Biden administration has reached a significant milestone by awarding more than $100 billion in grants from the Inflation Reduction Act (IRA), President Joe Biden’s signature climate legislation. This achievement...
EU Taxonomy FAQ: A Step Towards Usability The European Commission released a comprehensive FAQ document to aid in implementing the EU Taxonomy, its sustainability classification system. Aimed at reducing administrative...
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Rising ESG Challenges for Canadian CEOs According to KPMG’s 2024 CEO Outlook, Canadian executives are placing sustainability at the forefront, driven by extreme weather events, disruptive technologies, regulatory changes, and...
The Council of the European Union has approved a groundbreaking regulation to enhance the transparency, consistency, and comparability of environmental, social, and governance (ESG) ratings. This move aims to bolster...
The UK government has taken a significant step to regulate Environmental, Social, and Governance (ESG) ratings providers, aiming to bolster transparency and ensure robust oversight in a market set to...
The American Petroleum Institute (API), representing nearly 600 U.S. oil and natural gas companies, has released a policy wishlist for President-elect Donald Trump’s incoming administration. The platform focuses on reversing...
The European Parliament’s recent vote to delay the EU deforestation regulation signals a shift that could impact environmental and trade policies for years to come. While the law was originally...
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