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

Trump Appoints Oil and Gas Advocate to Lead Federal Land Management Agency

Donald Trump has nominated Kathleen Sgamma, a longtime oil and gas industry advocate, to lead the Bureau of Land Management (BLM), an agency overseeing a quarter-billion acres of public land. If confirmed, Sgamma would play a key role in advancing Trump’s aggressive fossil fuel expansion agenda, reversing Biden-era climate protections. Critics warn that her leadership could prioritize corporate interests over environmental conservation.

China Unveils Its First Corporate Sustainability Disclosure Standards

China launches its first Corporate Sustainability Disclosure Standards, focusing on transparency, accountability, and ESG alignment. Voluntary now, they aim for full adoption by 2030

European Commission Issues FAQ to Simplify EU Taxonomy for Investors

UK Prime Minister Commits to 81% Emissions Reduction by 2035 at COP29

Prime Minister Keir Starmer announced a UK target to reduce emissions by 81% by 2035, underlining the importance of clean energy investments and international collaboration to address climate change.

Brazil Sees Sharp Drop in Amazon Deforestation, Reaches Lowest Levels in Nine Years

Brazil's Amazon deforestation dropped 30.6% in the past year, a nine-year low. Lula’s government aims to curb illegal forest loss by 2030, but challenges from deforestation-linked sectors remain.

Los Angeles County Sues Coca-Cola and PepsiCo Over Plastic Pollution and Misleading Recyclability Claims

Los Angeles County has filed a lawsuit against Coca-Cola and PepsiCo, accusing them of contributing to plastic pollution and misleading the public about the recyclability of their plastic beverage containers.

Canada Sets 35% Emissions Reduction Cap for Oil & Gas Sector by 2030

Canada targets a 35% emissions reduction for oil and gas by 2030, implementing a cap-and-trade system to curb pollution while supporting cleaner growth in the sector.

Germany Teams Up with Deutsche Bank and DZ Bank for Green Bond Framework Update

Germany strengthens its sustainable finance initiatives by appointing Deutsche Bank and DZ BANK to update its Green Bond Framework, enhancing its "Twin Bonds" model and commitment to environmental goals.

IPSASB Introduces Draft Climate-Related Reporting Standard for the Public Sector

IPSASB has released a draft climate-related reporting standard for the public sector, marking a first in sustainability reporting, with public comments accepted until February 2025.

ESMA Outlines 2024 Corporate Reporting Guidelines with Focus on Sustainability and Compliance

ESMA's 2024 reporting guidelines focus on sustainability, emphasizing double materiality, financial integration, and taxonomy compliance for over 50,000 affected companies.

Govt of India Introduces New Guidelines to Curb Misleading ‘Eco-Friendly’ Ads

India's new guidelines against greenwashing require companies to back environmental claims with credible evidence, ensuring truthful marketing. Penalties include fines and imprisonment for violations.

India’s Solar Imports Could Reach $30 Billion Annually Amid 2030 Renewable Goals

India's solar imports could reach $30 billion annually as the country strives for 500 GW of renewable energy by 2030, facing challenges from reliance on Chinese suppliers.