ESG Regulation & Policy News | ESG & Sustainability | OneStop ESG

Madhya Pradesh Unveils Logistics Policy-2025 to Drive Investment and Trade

Madhya Pradesh has launched the Logistics Policy-2025 to transform the state into a logistics hub, reduce costs, and attract investment. Key initiatives include cargo terminals, green industrialization, and export incentives.

22 States Sue to Block New York Law Charging Oil Companies $75 Billion for Climate Adaptation

22 U.S. states sue New York over its Climate Change Superfund Act, challenging the $75 billion charge on fossil fuel firms for climate adaptation, citing constitutional violations.

Bloomberg Pledges to Cover U.S. Paris Agreement Obligations After Trump’s Exit

Michael Bloomberg pledges to fill U.S. Paris Agreement gaps after Trump’s withdrawal, funding UNFCCC operations and supporting subnational climate initiatives.

Schroders Secures $6.3 Billion Sustainable Investment Mandate from St. James’s Place

Schroders secures a $6.3 billion sustainable mandate from SJP, blending two flagship strategies and adopting FCA’s Sustainability Focus label, reinforcing leadership in sustainable investing.

Automakers Team Up with Tesla and Mercedes to Navigate EU 2025 CO₂ Rules

Automakers team up with Tesla and Mercedes to buy carbon credits, avoiding €15 billion in EU emissions fines. Key pools formed as regulations drive the push toward EV adoption.

Biden Issues Landmark Ban on New Offshore Drilling Across 625 Million Acres of U.S. Oceans

The sweeping ban covers vast swathes of the Eastern U.S. Atlantic coast, the Eastern Gulf of Mexico, the Pacific coastlines of California, Oregon, and Washington, as well as parts of Alaska’s Northern Bering Sea.

U.S. Banks Exit Net-Zero Banking Alliance Amid Political and Legal Pressures

Several U.S. banks, including Morgan Stanley, Citi, and Bank of America, exit the Net-Zero Banking Alliance, citing political pressures, legal concerns, and a commitment to independent decarbonization goals.

Vietnam Introduces Landmark Electricity Law to Boost Renewable Energy Growth

Vietnam’s revised Electricity Law, effective February 2025, enhances renewable energy growth, fosters market competitiveness, and aligns with PDP8 goals, targeting over 60% renewables by 2050.

New York Enforces Landmark $75 Billion Climate Law Targeting Fossil Fuel Giants

New York enforces a $75 billion climate law, holding fossil fuel companies accountable for climate damages, funding infrastructure repairs, and setting a precedent for climate accountability nationwide

Germany and Netherlands Among 10 Leading Fossil Fuel Subsidizers in 2023

Global fossil fuel subsidies hit $1.5 trillion in 2023, with Germany and the Netherlands among the top spenders. Experts urge immediate action to transition funds to renewable energy projects.

EU Postpones Deforestation Regulation Enforcement to 2025 Without Changing Core Objectives

Landmark Climate Case at UN's Top Court: Small Island Nations Demand Accountability