• United States proposes new international governance body to oversee Gaza reconstruction and ceasefire enforcement• Permanent Board of Peace seats priced at $1 billion, raising geopolitical and diplomatic questions over...
The European Securities and Markets Authority has issued its second thematic note on sustainability related claims, expanding scrutiny of how asset managers and other market actors communicate environmental, social, and...
A Legal Challenge as Turbines Near Completion Denmark based Ørsted has launched a legal challenge against the US government after federal authorities ordered construction to halt on its nearly completed...
• Financial institutions can narrow Scope 3 reporting to loans, investments, and assets under management, excluding facilitated and underwriting related emissions.• Amendments reduce operational burden without changing investor-facing climate risk...
• Regulators from MENA, Europe, Asia and the US met under closed door conditions to assess risks in the fast growing private credit sector.• Discussions focused on leverage, liquidity, retail...
• Draft proposals would allow one environmental management system per company instead of site level reporting• Industrial facilities may no longer need climate transformation plans or disclosure of hazardous chemical...
• New ESRS Knowledge Hub integrates 2023 ESRS, simplified ESRS, VSME standards and implementation guidance in a single platform.• Platform connects reporting resources with EU legislation and international frameworks to...
• Mandatory datapoints shrink by 57–68% as Europe aims to relieve compliance pressure without weakening Green Deal ambition• Materiality assessments overhauled, voluntary disclosures removed entirely, and value-chain estimates permitted to...
• The bill would bar BlackRock and State Street from casting any shareholder votes tied to the $1 trillion Thrift Savings Plan, the retirement system for U.S. federal employees.• The...
• Germany asks the European Commission to allow exemptions to the 2035 phaseout of new combustion-engine vehicles, citing competitiveness and employment concerns.• Berlin seeks flexibility for plug-in hybrids and highly...
• Stellantis calls for 2030 emissions targets for cars and vans to be met over a 2028–2032 compliance window, mirroring flexibility recently granted for 2025.• Proposal would reshape short-term EU...
• Parliament backs thresholds that limit sustainability reporting to companies above €450 million turnover and 1,750 employees.• Due diligence duties narrowed to firms with more than 5,000 employees and €1.5...
Brussels Targets Airline Green Claims Twenty-one European airlines have agreed to overhaul their environmental marketing practices after EU consumer authorities found that many claims could mislead passengers about the climate...
The global banking group HSBC Holdings plc has published an updated Net Zero Transition Plan (NZTP), reaffirming its objective to become a net zero bank by 2050. Yet the move...
• The Science Based Targets initiative (SBTi) released its second draft of the Corporate Net-Zero Standard V2 for public consultation, open from November 6 to December 8.• The revision aims...
What was rejected The European Parliament has narrowly rejected a compromise on its negotiating position for the European Commission’s Omnibus I package — a proposal aimed at simplifying and reducing...
Brussels moves to safeguard system readiness The European Commission has unveiled a proposal to recalibrate the implementation of the EUDR, the bloc’s flagship regulation aimed at ensuring that commodities such...
EU Moves to Cut Scope of Sustainability Rules The European Parliament’s Legal Affairs Committee (JURI) voted on October 13 to approve sweeping reductions to two cornerstones of the European Green...
Brussels Pushes Forward on SME Reporting Infrastructure The European Financial Reporting Advisory Group (EFRAG) has published two reports cataloguing more than 320 digital tools and platforms designed to help small...
The Trump administration has canceled $679 million in federal funding for 12 offshore wind projects, a move that effectively derails several cornerstone initiatives launched under the Biden administration’s clean energy...