ESG factors have become integral to corporate strategy, risk management, and long-term value creation. As regulatory frameworks surrounding ESG evolve, businesses must proactively prepare for emerging requirements. This blog aims to provide a comprehensive overview of current and forthcoming ESG regulatory developments in the EU, US, UK, and Canada, equipping organizations with the essential insights…
Mining associations, representing nearly 100 companies, have launched a 60-day public consultation on the Consolidated Mining Standard Initiative, aimed at creating a unified ESG standard for the sector. Led by the Copper Mark, the Mining Association of Canada, and the International Council on Mining and Metals, the initiative seeks to simplify and broaden ESG standards…
Indonesia, Malaysia, and the European Union will jointly develop a practical guide to the EU Deforestation Regulation (EUDR) for smallholders by November, according to the Council of Palm Oil Producing Countries (CPOPC). This intergovernmental body, which includes major palm oil producers such as Indonesia, Malaysia, and Honduras, announced that the collaboration aims to support smallholders…
The European Securities and Markets Authority (ESMA) is reviewing new rules on naming sustainable investment funds after concerns were raised that they may limit funding for polluters seeking to decarbonize. The rules, effective Nov. 21, restrict funds labeled as "green" or "sustainable" from investing in high-pollution sectors like oil, gas, and coal.
Fund managers may need…
In 2024, Environmental, Social, and Governance (ESG) reporting has become a critical aspect of corporate transparency, evolving from a voluntary practice to a business imperative. With increasing pressure from stakeholders—including investors, regulators, consumers, and employees—companies are expected to disclose their impact on the environment, society, and governance structures. Investors now incorporate ESG performance into risk…
As sustainable investing gains traction, ESG data has become a crucial tool for global investors. Moving beyond traditional financial metrics, ESG factors help assess long-term risks, identify opportunities, and measure the sustainability of companies. This shift is fueled by growing regulatory pressures, changing investor priorities, and an increased focus on corporate responsibility. In this blog,…
The European Securities and Markets Authority (ESMA) has released the 2024 EU Carbon Markets Report, detailing the performance of the EU Emissions Trading System (EU ETS).
Key Findings:
Prices: EU ETS prices have dropped in 2023 due to lower demand, falling gas prices, and increased supply for the REPowerEU plan.
Auctions: 10 participants bought…
Sustainability plays a key role in shaping the strategic directions and operational ways in today's world of business. The change is led by increased stakeholder, regulatory and environmental issues because of this global and social challenges which need to be taken care of urgently. For businesses, adopting sustainability means not just corporate responsibility but an…
Environmental, social, and governance (ESG) regulations are sets of rules that ensure corporations act responsibly and sustainably. These rules address several issues: environmental protection, social responsibility, and corporate governance. The significance of these regulations is their capacity to direct corporate actions towards more environmentally sustainable and ethical practices— thus in return, ensuring a positive impact…
The rise in the importance of sustainability reporting is largely due to this: businesses and stakeholders acknowledging the need for transparent plus accountable ESG practices. This shift mirrors an awakening awareness of the reverberations that corporate activities have on our ecology and societies — a call for sustainable development.
Sustainability reporting standards help companies follow certain…
ESG (Environmental, Social, and Governance) risk management can be found in the dictionary under 'S' for sustainable. It requires being able to recognize, evaluate and take care of those risks that could influence a company's environmental standing as well as its social responsibility and governance framework. At the center of this process is one important…
Materiality is a concept that comes to ESG through its own channels. It is about finding problems important for both sides, the company and those who have a stake in it. These problems can affect the firm’s financial situation and make losses for it; they can also spoil the company's reputation and deprive her place…