Brussels, 30 July 2025 – The European Commission has released a recommendation introducing a Voluntary Sustainability Reporting Standard for Small and Medium-sized Enterprises (VSME). Developed by EFRAG, this new standard is designed to simplify and harmonize how non-listed SMEs report on sustainability matters—particularly when responding to requests from large corporations and financial institutions. Read…

California regulators have released a detailed Frequently Asked Questions (FAQ) document to assist companies in preparing for the state’s upcoming mandatory climate disclosure requirements under two climate-related laws: the Climate Corporate Data Accountability Act (SB 253) and the Climate-Related Financial Risk Disclosure Act (SB 261). What the FAQ Covers SB…

The Global Reporting Initiative (GRI) has released its Textiles and Apparel Sector Standard exposure draft, aimed at improving sustainability disclosures in industries including textile, apparel, footwear, and jewellery. What’s Covered in the Draft Scope: Targets companies in the textile, apparel, footwear, and jewellery sectors.   Material Topics: Proposes 18 key disclosures, including…

The UK has stepped forward with its draft sustainability and climate reporting standards, and while they mirror global frameworks, there’s a local flavor to how the UK is planning to roll things out. On June 25, the UK government introduced: UK SRS S1: General sustainability-related financial disclosures UK SRS S2: Climate-related disclosures…

If you've ever felt like ESG reporting is a maze of overlapping frameworks, you're not alone. But the Global Reporting Initiative (GRI) just dropped a major update that could help clear the path. On June 26, GRI launched two new standards: GRI 102: Climate Change GRI 103: Energy These aren’t minor tweaks. They…