News
Discover the latest!

EU: “Quick Fix” Adopted for Companies Already Conducting Corporate Sustainability Reporting
On July 11, 2025, the European Commission adopted targeted “quick fix” amendments to the first set of European Sustainability Reporting Standards (ESRS). These amendments are intended to reduce burden and increase certainty for

UK: Green Taxonomy Plans Scrapped After Public Consultation
On July 15, 2025, the UK government announced that it would not move forward with creating a UK Green Taxonomy. In light of the results of a public consultation, the government concluded that

GRI: Launch of New Climate Change and Energy Standards
In June 2025, the Global Reporting Initiative (GRI) announced the launch of new climate change and energy standards to empower organizations to take accountability for their impacts and accelerate climate action. Both

EU: Taxonomy Simplification Measures
On July 4, 2025, the European Commission adopted a set of measures to simplify the application of the EU Taxonomy, the EU’s classification system of sustainable economic activities and investments.

EU: Commission Guidance on Deforestation Regulation
In June 2025, the Global Reporting Initiative (GRI) announced the launch of new climate change and energy The European Commission has published a notice providing clarifications and guidance on certain aspects of Regulation (EU) 2023/1115

EU: Council Approves Negotiating Mandate on Simplifying Sustainability Reporting and Due Diligence Requirements
On June 25, 2025, EU member states’ representatives agreed on the Council’s negotiating mandate on simplifying sustainability reporting and due diligence requirements to boost EU competitiveness. The proposal, which forms part of