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Navigating the CSRD Omnibus: Essential Insights for Businesses

BlogsMarch 19, 20252KViews0Likes0Comments
The CSRD Omnibus is a significant update to the Corporate Sustainability Reporting Directive (CSRD), aimed at simplifying and refining sustainability reporting requirements for businesses operating within the European Union (EU). As the regulatory landscape evolves, it is crucial for companies to stay informed about these changes and understand their implications for corporate sustainability disclosure. CSRD Omnibus…

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CDP and EFRAG Strengthen Climate Disclosure Alignment with New Mapping Resource

NewsMarch 18, 20252KViews0Likes0Comments
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…

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IFAC Updates Global Standards to Strengthen Sustainability Reporting and Assurance

NewsMarch 17, 20252KViews0Likes0Comments
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 –…

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UK Financial Regulators Scrap Proposed Diversity & Inclusion Rules

NewsMarch 13, 20252KViews0Likes0Comments
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 Key Regulatory Decisions D&I Regulations Withdrawn – Mandatory…

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EcoActive Recognized as a Top Brand in Corporate Sustainability 2025

NewsMarch 13, 20252KViews0Likes0Comments
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…

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EPA Advances Chemical Review Process to Strengthen Public Health Protections

NewsMarch 11, 20252KViews0Likes0Comments
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…

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Japan Aligns with Global Sustainability Reporting Standards

NewsMarch 6, 20252KViews0Likes0Comments
The Sustainability Standards Board of Japan (SSBJ) has announced its first-ever Sustainability Disclosure Standards, marking a significant step toward enhancing transparency and international comparability in corporate ESG reporting. The new framework closely aligns with the ISSB’s IFRS Sustainability Disclosure Standards, reinforcing Japan’s commitment to global sustainability practices. Key Developments: Three new disclosure standards introduced: …

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WEF 2025 Global Risks Report Highlights Environmental and Misinformation Threats

NewsMarch 3, 20252KViews0Likes0Comments
The World Economic Forum (WEF) has released its 2025 Global Risks Report, identifying environmental threats and misinformation as the most pressing global challenges. Key Findings: Environmental Risks Dominate – Five of the top ten long-term risks include extreme weather, biodiversity loss, and critical Earth system disruptions. The report emphasizes the increasing impact of climate-related challenges…

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EU Unveils Major Regulatory Reforms to Boost Business & Investment

NewsFebruary 27, 20252KViews0Likes0Comments
The European Commission has announced two sweeping legislative packages, Omnibus I & II, aimed at reducing bureaucratic hurdles, simplifying compliance, and driving investment while maintaining the EU’s sustainability commitments. Key Measures: €6.3 billion in cost savings – Streamlined reporting and compliance measures will reduce administrative burdens for businesses. CSRD scope cut by 80% – Small…

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EBA Report Highlights Gaps in ESG Data and Challenges in Standardizing Credit Risk Assessment

NewsFebruary 25, 20252KViews0Likes0Comments
The European Banking Authority (EBA) has released a new report assessing the availability of ESG (Environmental, Social, and Governance) data and the feasibility of a standardized methodology for identifying credit exposures to ESG risks. While data availability has improved in recent years, significant gaps remain, posing challenges for financial institutions. The report highlights key regulatory…

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