44% of these funds are invested in assets that breach the Paris-aligned benchmark (PaB) exclusionary criteria In the first of a two-part series examining ESMA’s name rule restricting the use...
The Council has adopted a directive promoting the repair of broken or defective goods, also known as the right-to-repair (or R2R) directive. This legislation will make it easier for consumers to...
In a significant move to bolster the credibility of the carbon offset market, the Biden administration has unveiled a new policy designed to enhance transparency and integrity in carbon credit...
The Council has adopted a regulation on establishing a framework of measures for strengthening Europe’s net-zero technology manufacturing ecosystem, better known as the ‘net-zero industry act’. This is the last...
The Council adopted a regulation on tracking and reducing methane emissions. It is part of the ‘Fit for 55’ package. The regulation introduces new requirements on measuring, reporting and verifying...
The European Union has taken a significant step towards its green transition goals with the final approval of the Ecodesign Regulation by the Council. This regulation aims to enhance the...
Key Impact Points: EU Watchdog, The European Securities and Markets Authority (ESMA) has finalized guidelines aimed at curbing greenwashing in the investment sector. These new rules are designed to protect...
The Council formally adopted the regulation on CO2 emission standards for heavy-duty vehicles, amending and strengthening the existing EU rules. The updated rules will further reduce CO2 emissions from road transport and will introduce...
The first phase of the U.K.’s Sustainability Disclosure Requirements (SDR), known as the anti-greenwashing rule, comes into effect at the end-of-May and will be followed by a series of substantial...
The IFRS Foundation and EFRAG have published guidance material to illustrate the high level of alignment achieved between the International Sustainability Standards Board’s IFRS Sustainability Disclosure Standards (ISSB Standards) and...