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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.
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Lawmakers update ESG ratings regulation to 'promote' double materiality
11 December 2023 -
Two-year delay to CSRD sector-specific reporting agreed by parliamentary committee
08 December 2023A two-year delay to reporting in line with sector-specific standards under the Corporate Sustainability Reporting Directive (CSRD) has been agreed by the EU parliament's economic and monetary affairs committee.
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EU Parliament, Council reach building energy performance deal
08 December 2023 -
'Carbon removal' credits given go-ahead by European Parliament
23 November 2023The European Parliament has passed a new framework for certifying carbon removal credits, after raising concerns that regional carbon removal targets will be missed.
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ESAP data portal cleared by EU Parliament
09 November 2023 -
Nature Restoration Law adopted by European Parliament
12 July 2023 -
The great ESG data free-for-all
10 July 2023The business model of commercial data providers faces disruption in coming years amid the launch of free data platforms, writes Michael Hurley
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Video: Dutch MEP Paul Tang calls for credible and audited net zero transition plans
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'Ground-breaking' CSDDD rule secures European Parliament approval
02 June 2023The EU Corporate Sustainability Due Diligence Directive (CSDDD) has secured approval from the European Parliament that will require companies to implement climate transition plans and disclose the impact of their value chains on human rights and the environment.