The Switzerland sustainability reporting law is evolving with new proposals from the Swiss Federal Council, introducing enhanced sustainability reporting and due diligence requirements aligned with key EU frameworks such as the Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD). This proposed framework, part of the Federal Act on Sustainable Corporate Governance…

Overview Boursa Kuwait has released the 2026 Edition of its ESG Reporting Guide, aimed at supporting listed companies in disclosing their environmental, social, and governance (ESG) practices and performance in a clear, consistent, and transparent manner. The updated guide reflects recent developments in ESG reporting both locally and globally and is aligned…

The European Financial Reporting Advisory Group (EFRAG) has introduced an interactive online version of the draft simplified European Sustainability Reporting Standards (ESRS), marking a significant step in making sustainability reporting more accessible, navigable, and implementation-ready for organizations. This development builds on EFRAG’s broader effort to simplify ESRS under the EU’s CSRD framework, while…

California regulators are evaluating a phased implementation strategy for Scope 3 greenhouse gas (GHG) emissions reporting, acknowledging the complexity involved in capturing value chain emissions at scale. This development is part of the broader rollout of the state’s climate disclosure mandates, which are expected to significantly impact large organizations operating in or with exposure…

Japan has taken a major step toward global sustainability reporting alignment by mandating ISSB-aligned sustainability disclosures for major listed companies. The country’s Financial Services Agency (FSA) has finalized new rules requiring large companies listed on the Tokyo Stock Exchange (TSE) Prime Market to report sustainability information using standards issued by the Sustainability…

California’s corporate climate disclosure framework has reached a major milestone. The California Air Resources Board (CARB) has officially approved the implementing regulations for SB 253 (Climate Corporate Data Accountability Act) and SB 261 (Climate-Related Financial Risk Act), confirming that corporate climate reporting will soon become a formal compliance requirement for many…

The Securities and Exchange Board of India (SEBI) has set up a working group to examine the current regulatory framework applicable to ESG Ratings Providers. This follows SEBI’s earlier introduction of regulatory oversight for ESG ratings providers through its 2023 Master Circular. The regulator stated that the review has been initiated after receiving input from…

Summary The UK’s FCA (Financial Conduct Authority) Proposes IFRS‑Aligned Sustainability Reporting Requirements for Companies Beginning 2027, ESG Today consultation has been launched by the UK Financial Conduct Authority (FCA) to overhaul sustainability reporting for UK listed companies. Key Details The FCA is proposing to replace existing TCFD-aligned climate reporting rules with…

The Philippine Securities and Exchange Commission (SEC) has formally adopted the Philippine Financial Reporting Standards (PFRS) on Sustainability Disclosures, introducing mandatory sustainability and climate-related reporting requirements for large and listed companies in the Philippines. The new standards are based on the International Sustainability Standards Board (ISSB) framework issued by the IFRS Foundation…

China has officially released a new Corporate Climate Reporting Standard, marking a significant step toward more structured, comparable, and transparent climate disclosures by companies operating in the country. Issued by China’s Ministry of Finance in coordination with financial and regulatory authorities, the Corporate Sustainable Disclosure Standard No. 1 – Climate (Trial) establishes a…

The California Air Resources Board (CARB) will conduct a public hearing to consider the proposed Climate Data and Financial Risk Reporting Fee Regulation, which includes establishing the reporting deadline for Scope 1 and Scope 2 greenhouse gas (GHG) emissions under California’s climate disclosure framework.   Key Points Public Hearing Details Date…

Australia has announced a significant step-up in its climate ambition, committing to reduce greenhouse gas emissions by 62–70% below 2005 levels by 2035. This revised target marks a notable increase from the country’s earlier 2030 commitment and reinforces Australia’s long-term objective of achieving net-zero emissions by 2050. The updated target will be submitted…