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Philippines Launches Mandatory IFRS-Based Sustainability Reporting Standards
The Philippine Securities and Exchange Commission (SEC) has formally adopted the Philippine Financial Reporting Standards (PFRS) on Sustainability…
China Releases New Corporate Climate Reporting Standard
China has officially released a new Corporate Climate Reporting Standard, marking a significant step toward more structured, comparable, and…
CARB Public Hearing Update: Climate Data and Financial Risk Reporting Requirements (SB 253 & SB 261)
The California Air Resources Board (CARB) will conduct a public hearing to consider the proposed Climate Data and…
Australia Sets Stronger Climate Target for 2035
Australia has announced a significant step-up in its climate ambition, committing to reduce greenhouse gas emissions by 62–70% below…
EFRAG Submits Revised ESRS to Advance Simplified EU Reporting
December 2025
The European Financial Reporting Advisory Group (EFRAG) has formally submitted the revised European Sustainability Reporting Standards…
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…
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…
GHG Protocol Draft Update on Scope 2 Emissions — What Businesses Need to Know
Date: 27 October 2025 — The Greenhouse Gas Protocol (“GHG Protocol”) has released a draft revision of its Scope 2…
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…
CARB Releases Draft Template for Scope 1 & 2 GHG Reporting Under New Climate Disclosure Laws
Overview
Date: 15 October 2025
California has taken another significant step toward climate accountability. On October 10, 2025, the …