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CSDDD clears hurdle after approval in Parliamentary committee
19 March 2024 -
CSDDD agreed, in watershed moment, but is weakened to 'shadow of former self'
15 March 2024The EU passed a landmark sustainability reporting law which, although significantly weakened from previous versions, was described as "a watershed moment for corporate accountability".
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French SIF to give opinion on 'credibility' of Shell, Total and Glencore climate strategies
15 March 2024Investors are to receive an opinion on the credibility and ambition of the climate strategies published by European companies including Shell, Total and Glencore, to aid their voting decisions at the companies' shareholder meetings.
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Key vote on CSDDD delayed again
08 March 2024A key vote for EU countries to approve the Corporate Sustainability Due Diligence Directive (CSDDD) has been delayed again, with Italy and Austria said to be among those to have raised concerns at the latest text.
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EU countries voice support for CSDDD compromise ahead of key vote
07 March 2024 -
SEC adopts watered down climate rule in landmark moment
06 March 2024The US Securities and Exchange Commission (SEC) has approved a landmark rule on climate-related disclosures, although it watered down elements of it, including no longer requiring disclosures on Scope 3 greenhouse gas (GHG) emissions.
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Belgium pitches pared-back CSDDD in bid to secure EU countries' approval
06 March 2024Belgium has pitched a pared-back version of the Corporate Sustainability Due Diligence Directive (CSDDD) in a last-ditch bid to gain approval of other EU countries.
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EU due diligence rules 'back to square one' as countries reject text
28 February 2024The EU's Corporate Sustainability Due Diligence Directive (CSDDD) is in peril after EU member states voted down the latest text, forcing it back to the European Parliament just three months before the end of its mandate.
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EU publishes taxonomy reporting guidance following 'limited reporting'
22 December 2023 -
Updated: Financial institutions partially exempt from supply chain due diligence under 'milestone' rules
14 December 2023The finance sector will be exempt from carrying out environmental and social due diligence of companies 'downstream' in the supply chain under newly agreed EU rules, in a victory for lobbyists who claimed it would add disproportionate costs and unfairly expose institutions to legal claims.