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The Ongoing Battle Over SEC’s Climate Disclosure Rule and Its Implications for the Future

The House Financial Services Committee has stepped into the limelight with a bold challenge to the Securities and Exchange Commission’s (SEC) recently paused climate-risk disclosure rule. This move could potentially dismantle the rule through a Congressional Review Act challenge, pending outcomes in both the House and Senate, and possibly facing a presidential veto. During a […]

Part 2: Navigating Challenges and Seizing Opportunities with the EU GBS

Part 2 Navigating Challenges and Seizing Opportunities with the EU GBS

Building on Part 1, this section delves into the challenges associated with implementing the EU GBS and offers practical solutions.   Challenges and Opportunities in Implementation However, challenges persist in implementing the EU Taxonomy and the EUGBS. Issuers may face limitations in collecting necessary data, especially concerning activities such as lending via budget programs or […]

Part 1: The EU Green Bond Standard – A Game Changer for Sustainable Finance in Europe

The EU Green Bond Standard A Game Changer for Sustainable Finance in Europe

Europe is leading the charge in sustainable finance, and the EU Green Bond Standard (GBS) is a pivotal development. This blog explores the GBS, its implications for European companies, and the opportunities it presents. Unveiling Europe’s Green Finance Landscape In 2023, Europe’s green bond issuance grew 11% and reached a record high of US$341 billion, […]

California’s Climate Law Shakeup: Is Your Business Ready?

California’s Climate Law Shakeup Is Your Business Ready

Unpacking SB 253 and SB 261 California’s recent enactment of two significant climate bills, SB 253 and SB 261, is a game-changer for companies operating in the state. With California’s economy ranking globally, its climate laws have far-reaching impacts. These legislative actions, part of a broader global shift towards environmental accountability, mandate comprehensive emissions and […]

Navigating the CSRD Landscape: What SMEs Need to Know

Navigating the CSRD Landscape-What SMEs Need to Know

In In the evolving landscape of corporate responsibility, Small and Medium-sized Enterprises (SMEs) face a unique set of challenges and opportunities. The Corporate Sustainability Reporting Directive (CSRD) is a pivotal development in the European Union’s regulatory environment, aiming to enhance the transparency and accountability of business practices regarding environmental, social, and governance (ESG) issues. This […]

How to Improve Your CDP Rating in the new era of a global disclosure system

CDP

Introduction: CDP and EFRAG are teaming up to accelerate the adoption of European Sustainability Reporting Standards (ESRS).  These standards, endorsed by the European Commission in July 2023. With EFRAG providing technical expertise, CDP will align its disclosure system with ESRS, offering webinars and guidance materials for over 23,000 companies. ESRS applies to around 50,000 businesses […]

5 Strategies to Anticipate and Address Future Challenges’ ‘Preparing for ESRS Reporting Standards.

ESRS

Introduction: First of all, in a recent European Parliament vote, the European Sustainability Reporting Standards (ESRS) received strong support, defeating a motion to limit their scope. These new sustainability reporting rules will apply to approximately 50,000 companies starting in January 2024, with sector-specific reporting temporarily delayed due to concerns from the private sector.     […]

The Evolving Landscape of ESG Factors in North America: From Regulation to Responsibility

The Evolving Landscape of ESG Factors in North America

The increasing prominence of ESG factors in North America reflects a broader shift towards more sustainable and responsible business practices, driven by a combination of regulatory changes, investor demands, consumer preferences, and industry-specific trends. Governments in the United States and Canada have introduced policies promoting ESG considerations, particularly focused on climate change and emissions reduction. […]

Maximize the benefits of your organization and join the upcoming GRI Standards, Certified Training Course

Global | GRI Standards, Certified Training Course

The new GRI Standards promote accurate and transparent reporting, emphasizing climate change, human rights, and gender equality updates. Companies should address sustainability issues affecting their operations and reputation. There are increasing calls from both policy makers and society for organizations to understand and report the impact they have on their activities.  As per the findings of […]