Climate disclosures New York State introduces mandatory climate disclosure bill Scope 1 and 2 emissions reporting could be made mandatory from 2027, and Scope 3 from 2028. Melodie Michel 03 February 2025
Policy & Standards Voluntary policies continue to dominate ESG landscape Despite the growth in mandatory reporting, voluntary policies remain more prominent. Rachel Willcox 31 January 2025
Policy & Standards EU unveils details of Omnibus simplification for sustainability reporting "The Competitiveness Compass transforms the excellent recommendations of the Draghi report into a roadmap." Melodie Michel 29 January 2025
SDGs Report shows lagging Sustainable Development Goals progress in the EU Progress towards the SDGs was two times slower from 2020 to 2023 than the previous four years. Melodie Michel 29 January 2025
Policy & Standards EU omnibus: Leaked draft suggests drastic reduction in sustainability obligations The bloc is seeking to exempt 31,000 companies from certain sustainability regulations. Melodie Michel 27 January 2025
Climate Targets Trump confirms US exit from Paris Agreement on Day 1 as President Researchers estimate that the withdrawal will eliminate more than a third of the world emissions reduction. Melodie Michel 21 January 2025
Policy & Standards Businesses urge EU to stay the course on CSDDD "Predictability is critical to the ability of all actors, including businesses, to make informed decisions.” Melodie Michel 20 January 2025
Sustainable Finance Concerns grow over banks’ climate commitments as GFANZ loosens mandate The move comes after several financial institutions decided to leave UN-backed climate initiatives, such as NZBA. Melodie Michel 06 January 2025
Policy & Standards US announces 61% emissions reduction goal for 2035 – likely to be led by states Strong leadership by non-federal actors could put the US on a path to 54-62% emissions reductions. Melodie Michel 20 December 2024
Policy & Standards EU adopts sustainable packaging and recycling rules "Companies will ignore the packaging and packaging waste regulation at their peril." Melodie Michel 17 December 2024