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 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...
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...
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 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...
California regulators are preparing to vote on amendments to the state’s Low Carbon Fuel Standard (LCFS), a move that could intensify the push for low-carbon fuels to meet aggressive climate...
The European Insurance and Occupational Pensions Authority (EIOPA) has released its final report on the prudential treatment of sustainability risks under Solvency II, recommending increased capital requirements for insurers holding...
The European Union’s climate commissioner, Wopke Hoekstra, reiterated the EU’s commitment to ending sales of CO2-emitting cars by 2035 and enforcing stricter CO2 limits for carmakers next year. This comes...
A recent report from RSM International highlights the challenges and opportunities faced by 200 Latin American businesses in adopting International Financial Reporting Standards (IFRS) S1 and S2 for sustainability. The...
The Canadian government’s proposed regulations aim to cut emissions in the oil and gas sector by 35% by 2030, compared to 2019 levels. Environment Minister Steven Guilbeault clarified, “This goes...