Australia’s mandatory climate reporting starts January 1, 2025, following the passage of the Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Bill. Royal Assent is expected soon, meaning entities…
The UN Conference of the Parties on Biodiversity (COP16) in Cali, Colombia, is poised to be a landmark event, bringing together a wide array of stakeholders to foster a collective…
The U.S. Environmental Protection Agency(EPA) released a proposed update to the agency’s Recommendations of Specifications, Standards and Ecolabels for Federal Purchasing (Recommendations), which help federal government purchasers and other buyers…
The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK, announced that it was pushing out requirements for asset managers to comply…
Overview of ESG Reporting
Environmental, Social, and Governance (ESG) reporting has become a crucial aspect of the global business landscape. Companies are increasingly expected to disclose their ESG practices and performance…
Definition and Evolution of ESG Reporting
ESG Reporting involves the disclosure of a company’s practices in three key areas: Environmental, Social, and Governance. Originating from the broader concept of corporate social…
The Growing Importance of ESG Reporting Across the Globe
As the global focus on sustainability intensifies, ESG (Environmental, Social, and Governance) reporting has become increasingly crucial for businesses worldwide. This shift…
Africa faces an increasingly heavy toll from climate change with many countries having to spend up to 9% of their budgets battling climate extremes, a World Meteorological Organization (WMO) report…
FTSE Russell has expanded its Fixed Income EU Climate Benchmark index series to include high-yield securities and emerging markets, aligning these with the 2015 Paris Climate Agreement. Launched in June…
India is on a path to significantly expand its bioeconomy, with projections indicating growth from $130 billion in 2024 to $300 billion by 2030. This expansion is driven by the…
The European Investment Bank (EIB) has taken another significant step towards sustainability by issuing a new EUR 5 billion Climate Awareness Euro Area Reference Note (EARN). This 10-year bond, due…
Plastic’s convenience has led to its widespread use, but the environmental costs are staggering. Every year, 400 million tonnes of plastic waste are generated worldwide, with 60% ending up in…