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EU Commission Fast-Tracks Simplification of Sustainability Reporting Standards

News1 day ago2KViews0Likes0Comments
The European Commission has directed the European Financial Reporting Advisory Group (EFRAG) to expedite revisions to the European Sustainability Reporting Standards (ESRS) under the Corporate Sustainability Reporting Directive (CSRD). The move aims to ease compliance burdens for businesses while maintaining alignment with the European Green Deal’s sustainability objectives. The Commission has set a firm deadline…

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Australia’s Regulator Releases New Sustainability Reporting Guide

News2 days ago2KViews0Likes0Comments
The Australian Securities & Investments Commission (ASIC) has just unveiled Regulatory Guide 280 (RG 280) – a critical resource for companies preparing for mandatory climate-related financial disclosures under Australia’s new sustainability reporting law. Who’s Affected? Large and medium-sized companies will need to comply with these new regulations. The largest entities—those with 500+ employees and $500M+…

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EU Council Approves ‘Stop-the-Clock’ Mechanism to Ease Sustainability Rules

News3 days ago2KViews0Likes0Comments
The European Council has officially endorsed a key directive aimed at postponing corporate sustainability reporting and due diligence requirements, providing businesses with greater legal certainty and regulatory relief. The decision, part of the broader ‘Omnibus I’ simplification package, temporarily halts the implementation of the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence…

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CDP and EFRAG Strengthen Climate Disclosure Alignment with New Mapping Resource

NewsMarch 18, 20252KViews0Likes0Comments
The Carbon Disclosure Project (CDP) and the European Financial Reporting Advisory Group (EFRAG) have published a correspondence mapping between the CDP question bank and the European Sustainability Reporting Standard (ESRS E1), reinforcing the high level of interoperability between the two frameworks for climate disclosures. The new resource provides clear alignment between CDP disclosures and ESRS…

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IFAC Updates Global Standards to Strengthen Sustainability Reporting and Assurance

NewsMarch 17, 20252KViews0Likes0Comments
The International Federation of Accountants (IFAC) has announced significant updates to the International Education Standards (IESs), making sustainability-focused competencies mandatory in the training of professional accountants. The revisions aim to enhance transparency, accountability, and assurance in sustainability reporting as global demand for high-quality ESG disclosures continues to rise. Key Updates: ✔ Integrated Sustainability Approach –…

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UK Financial Regulators Scrap Proposed Diversity & Inclusion Rules

NewsMarch 13, 20252KViews0Likes0Comments
The Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) have announced they will withdraw proposed diversity and inclusion (D&I) regulations for the financial sector, opting instead for voluntary industry-led initiatives. The decision follows industry concerns over regulatory burdens and the need to align with existing frameworks. Key Regulatory Decisions D&I Regulations Withdrawn – Mandatory…

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EcoActive Recognized as a Top Brand in Corporate Sustainability 2025

NewsMarch 13, 20252KViews0Likes0Comments
EcoActive has been honored with the Top Brand Corporate Sustainability 2025 recognition by EUPD Research, a prestigious award that highlights its leadership in advancing corporate sustainability and ESG (Environmental, Social, and Governance) compliance. Commitment to Sustainable Business Practices This recognition reflects EcoActive’s unwavering commitment to helping businesses navigate the evolving landscape of sustainability regulations and…

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EPA Advances Chemical Review Process to Strengthen Public Health Protections

NewsMarch 11, 20252KViews0Likes0Comments
The U.S. Environmental Protection Agency (EPA) has introduced a strategic initiative to enhance the review and regulation of chemicals under the Toxic Substances Control Act (TSCA). This effort is aimed at strengthening public health protections, improving environmental safety, and increasing regulatory efficiency. The initiative will focus on: Strengthening Risk Assessments – Ensuring chemicals meet…

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Japan Aligns with Global Sustainability Reporting Standards

NewsMarch 6, 20252KViews0Likes0Comments
The Sustainability Standards Board of Japan (SSBJ) has announced its first-ever Sustainability Disclosure Standards, marking a significant step toward enhancing transparency and international comparability in corporate ESG reporting. The new framework closely aligns with the ISSB’s IFRS Sustainability Disclosure Standards, reinforcing Japan’s commitment to global sustainability practices. Key Developments: Three new disclosure standards introduced: …

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