ESG Regulation & Policy News | ESG & Sustainability

EU Postpones Deforestation Regulation Enforcement to 2025 Without Changing Core Objectives

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

European Commission Issues FAQ to Simplify EU Taxonomy for Investors

Microsoft Introduces Free Webinar Series 'Microsoft Sustainability Academy'

Microsoft's free Sustainability Academy webinars provide tools and insights for professionals to tackle ESG challenges, optimize reporting, and leverage AI for sustainable business strategies.

PUMA Sets Ambitious 2030 Sustainability Goals to Cut GHG Emissions by 90%

PUMA announces ambitious climate and human rights goals for 2030, including cutting GHG emissions by 90% and achieving circularity with 100% recycled polyester, alongside diversity and pay equity targets.

EU Parliament Delays and Softens Deforestation Ban, Drawing Concerns Over Environmental Impact

The European Parliament's recent vote to delay the EU deforestation regulation has raised concerns among environmental groups and industry leaders alike.

Shell Wins Appeal on Emission Reduction Mandate

Shell wins an appeal overturning a 2021 Dutch ruling mandating a 45% emissions cut by 2030. The court noted Shell’s climate responsibility but found specific reduction targets unsupported by evidence.

UK Competition Authority Ends Investigation into Unilever’s Green Claims After Adjustments

The CMA has closed its green claims investigation into Unilever, citing positive changes made by the company and overall improvements in consumer goods sustainability claims.

KPMG Report Highlights EU Taxonomy Compliance Gains, Sector Gaps

The latest KPMG report reveals progress in the adoption of EU Taxonomy standards, with compliance rates climbing across Europe. Notable sectors lead, while others face challenges in alignment.

IntegrityNext Expands Supply Chain Compliance Offerings with New AI-Powered Solutions

IntegrityNext introduces advanced solutions to improve supply chain sustainability and regulatory compliance, targeting visibility and adherence to EU’s deforestation-free requirements.

Andhra Pradesh Unveils AP Integrated Clean Energy (ICE) Policy, Targets Rs 10 Lakh Crore Investment

Andhra Pradesh launches the AP Integrated Clean Energy Policy, targeting Rs 10 lakh crore in investments for renewable energy by 2047, aiming for net zero emissions and creating 7,50,000 jobs.

California Enacts Landmark Climate Disclosure Law for Large Companies

On October 1, 2024, California Governor Gavin Newsom signed a new climate disclosure law, requiring large companies operating in the state to report emissions and climate-related financial risks. The law, incorporating SB 253 and SB 261, mandates businesses with over $1 billion in revenue to disclose emissions from all scopes, while those with over $500 million must report on climate-related risks. Despite earlier concerns, the original 2026 start date remains intact. Key amendments include more flexible reporting for Scope 3 emissions and consolidated reporting at the parent company level, solidifying California’s role in advancing corporate climate transparency.