Policy & Standards Less than half of sustainability reports are CSRD-compliant With the first CSRD reports due in early 2025, it looks like sustainability teams will have a busy 2024 gathering missing data. Melodie Michel 20 December 2023
Policy & Standards UK to apply carbon border adjustment mechanism from 2027 UK government aligns with EU on CBAM but doesn't go as far as linking emissions trading schemes. Melodie Michel 18 December 2023
Policy & Standards Supply chain due diligence obligation one step closer to becoming law EU lawmakers aim to make high-risk sectors such as mining, agriculture and textiles more responsible. Melodie Michel 15 December 2023
Policy & Standards How to manage evolving climate litigation risks The number of climate change court cases has more than doubled since 2017, and a growing number are filed against corporations. Melodie Michel 14 December 2023
Policy & Standards Time for Chief Sustainability Officers to ‘get started’ on nature disclosures as CDP highlights data gaps Companies not preparing are set to lose out as regulations expand to include nature-related disclosures. Melodie Michel 05 December 2023
Policy & Standards New Basel III climate disclosures proposed for global banks Running until February 29, 2024, the consultation will help the Basel Committee determine which elements should be mandatory and which should be subject to national discretion. Melodie Michel 30 November 2023
Policy & Standards What CSOs should know about the new GRI climate standards The new standards would require companies to report on the social impacts of their climate efforts, their use of carbon credits and removals, and the investments allocated to mitigation and adaptation. Melodie Michel 29 November 2023
Policy & Standards FCA finalises anti-greenwashing rules for sustainable investment Consultation remains open on the regulator's anti-greenwashing rule guidance until January 2026. Melodie Michel 29 November 2023
Policy & Standards Companies can now make VCMI ‘carbon integrity’ claims for use of quality offsets The new guidance comes at a crucial time, as the updated GRI Climate Disclosures could soon include new mandatory disclosures around the amount and quality of carbon credits used. Melodie Michel 28 November 2023
Policy & Standards Global aviation body adopts 5% decarbonisation target to support SAF development All the sustainable aviation fuel produced in 2022 was bought, at a premium of US$500 million for the industry. Melodie Michel 27 November 2023