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CAG Integrates SEBI’s BRSR ESG Criteria Into Government Audits

CAG Integrates SEBI’s ESG Criteria into Government Audits: A Major Shift in India’s Sustainability Oversight

The Comptroller and Auditor General of India (CAG) has begun integrating SEBI’s ESG framework—specifically the Business Responsibility and Sustainability Reporting (BRSR) criteria—into its audits of state-run companies. This marks a significant step toward mainstreaming ESG assessments within public-sector governance. About the BRSR Framework SEBI’s BRSR format is currently mandatory for the top 1,000 listed…

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TNFD Transition Plans

TNFD Releases Guidance to Integrate Nature into Corporate Transition Plans

The Taskforce on Nature-related Financial Disclosures (TNFD) has released Guidance on Nature in Transition Plans (Version 1.0) to support organisations in embedding nature-related considerations within strategic transition planning. The guidance aligns with the Kunming–Montreal Global Biodiversity Framework (GBF) and highlights the need to integrate nature and climate strategies to achieve nature-positive outcomes.…

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EU sustainability reporting regulations

EU Parliament Rejects Agreement to Cut Sustainability Reporting and Due Diligence Laws

22 October 2025 — The European Parliament has rejected a proposed compromise agreement on the Omnibus I Regulation, which would have substantially reduced the scope of sustainability-reporting and due-diligence obligations for companies in the EU. What’s Behind It The proposed agreement sought to ease compliance burdens by raising thresholds under the Corporate Sustainability Reporting…

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Over 4,000 Companies Listed by CARB Under California’s SB 253 & SB 261 Climate Rules

Over 4,000 Companies Listed by CARB Under California’s SB 253 & SB 261 Climate Rules

The California Air Resources Board (CARB) has released a preliminary list identifying over 4,000 U.S. companies potentially subject to the state's new climate disclosure regulations, SB 253 and SB 261. This development underscores California's commitment to enhancing corporate transparency on climate-related risks and greenhouse gas emissions. Understanding SB 253 and SB 261 SB 253 (Climate…

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Hong Kong ESG Reporting Standards 2025:

Hong Kong ESG Reporting Standards 2025: Rising Investor Demand Spurs Stricter Disclosures

August 26, 2025: Hong Kong is witnessing a surge in ESG investing, especially among family offices and wealth managers. This trend is prompting regulators—including the Hong Kong Stock Exchange (HKEX)—to tighten sustainability disclosure requirements and align with global standards. What’s New? Impact Investments Rising: By mid-2024, over half of family office deals in…

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EFRAG Launches Public Consultation on Simplified ESRS Drafts

EFRAG Launches Public Consultation on Simplified ESRS Drafts

July 31, 2025: EFRAG has released revised Exposure Drafts of the European Sustainability Reporting Standards (ESRS), marking a major step towards simplifying corporate sustainability reporting across Europe. Following the European Commission’s March 2025 request, these revisions respond to widespread stakeholder feedback to ease the reporting burden—particularly for smaller and mid-sized entities—while preserving the standards' core…

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European Commission Recommends Voluntary Sustainability Reporting Standard for SMEs

European Commission Recommends Voluntary Sustainability Reporting Standard for SMEs

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…

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