Greenhouse gas (GHG) emissions from sectors covered under the EU Emissions Trading System (EU ETS) declined by 5% in 2024, marking a major milestone—a 50% reduction since the system was launched in 2005, according to a new report published by the European Commission. The ETS, the EU’s flagship carbon pricing mechanism, targets high-emission sectors including…

In a pivotal decision, the European Parliament has officially voted to delay key deadlines for upcoming ESG regulations, providing companies across the EU with more time to prepare for compliance. Key Changes in EU ESG Regulation Timelines: CSRD Reporting Postponed Large companies and listed SMEs have been granted an additional two years to comply with…

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…

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+…

Small and medium-sized enterprises (SMEs) drive over 50% of the EU’s GDP and are responsible for 63% of enterprise emissions, yet they face significant hurdles in accessing sustainable finance due to regulatory complexity, high loan thresholds, and compliance burdens. To tackle these challenges, the Platform on Sustainable Finance (PSF) has introduced a voluntary “SME Sustainable…

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…

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…

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 –…

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…

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…

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…

The United States, under the Trump administration, has formally rejected and denounced the United Nations Sustainable Development Goals (UN SDGs), a global framework adopted in 2015 as part of the 2030 Agenda for Sustainable Development. The announcement was made by Edward Heartney, Counselor for Economic and Social Affairs at the U.S. Mission to the UN,…