EU member states have approved the Council’s position on the “Stop-the-clock” mechanism aimed at simplifying EU sustainability regulations and enhancing business competitiveness. “Simplification is one of the priorities of the...
The SEC announced a six-month delay for funds to comply with the recently amended Investment Company Act “Names Rule,” which ensures fund investments match their advertised ESG or sustainability strategies....
Britain’s top financial regulators have scrapped proposed new rules aimed at increasing diversity and inclusion in the financial sector, citing concerns over regulatory burdens on firms. The Prudential Regulation Authority...
Effective immediately, the Ontario government has imposed a 25% surcharge on electricity exports to the United States, targeting power supplies to Michigan, Minnesota, and New York. This measure responds directly...
The past week has seen significant developments in Diversity, Equity, and Inclusion (DEI) policies across multiple sectors, with corporations, government agencies, and public figures adjusting their approaches to DEI amid...
The European Commission has announced a plan to extend the compliance period for CO2 emissions targets from one year to three, giving automakers more time to meet stringent regulations and...
EU Simplifies Sustainability and Investment Rules The European Commission has unveiled two major legislative packages—Omnibus I and Omnibus II—aimed at reducing regulatory burdens, improving sustainability rules, and unlocking investment. The...
In an ESG News exclusive interview with Lawrence Paramasivam, the Senior Executive Director of Policy & Legal at the FSRA during Abu Dhabi Finance Week (ADFW), highlighted UAE’s Strategic Evolution...
A new study by Workiva Inc. finds that despite policy uncertainty, corporate leaders are doubling down on sustainability integration, recognizing its financial and strategic value. Leaders remain committed to sustainability...
Investors managing a combined €6.6 trillion in assets are calling on the European Commission to uphold the integrity of the EU’s sustainable finance framework. Concerns are mounting that the upcoming...
The European Commission has launched the Competitiveness Compass, a strategic roadmap to drive technological leadership, economic resilience, and climate neutrality. The initiative addresses Europe’s lag in productivity growth by focusing...
The International Auditing and Assurance Standards Board (IAASB) and the International Ethics Standards Board for Accountants (IESBA) have introduced integrated standards to strengthen sustainability reporting and assurance practices. These measures...
The European Commission is set to propose a ban on PFAS (“forever chemicals”) in consumer products, targeting their widespread use in items like cosmetics, non-stick pans, and industrial applications. Health...
The European Banking Authority (EBA) has launched a consultation on its draft Guidelines on Environmental, Social, and Governance (ESG) scenario analysis. The guidelines aim to guide institutions in adopting forward-looking...
The European Banking Authority (EBA) has released comprehensive guidelines on managing Environmental, Social, and Governance (ESG) risks. These regulations target EU financial institutions, requiring robust governance to mitigate risks related...
The Platform on Sustainable Finance (PSF) has launched a public consultation to gather feedback on updates to the EU Taxonomy, the EU’s classification system for defining sustainable economic activities. The...
The U.S. Department of the Treasury and IRS released final rules for the Clean Electricity Investment and Production Tax Credits under sections 45Y and 48E of the tax code. These...
Navigating Stricter EU Emissions Rules To comply with the EU’s 2025 carbon emissions rules, major automakers are partnering with electric vehicle (EV) leaders like Tesla and Polestar to pool CO₂...
Modernizing EU Construction Standards The European Union’s new Construction Products Regulation officially takes effect, replacing the 2011 rules to modernize the industry and boost competitiveness across the EU Single Market....
New York state has enacted a groundbreaking climate law to hold fossil fuel companies accountable for their role in the climate crisis. Governor Kathy Hochul signed the bill into law...