EU
June 15, 2023
Maritime industry prepares for tougher decarbonisation targets
Until now, shipping has avoided the same scrutiny as other industries on...
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June 13, 2023
EU issues final proposals for sustainable financing strategy
The EU proposals include guidance to ensure ESG ratings providers are reliable...
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June 12, 2023
Green groups slam EU’s freshly released ESG reporting rules
The EU commission’s ‘watering down’ of its sustainability reporting standards include not...
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June 12, 2023
Nestlé, Unilever and other groups call for approval of EU’s nature restoration rules
The proposed Nature Restoration Law is facing stiff opposition from centre-right MEPs,...
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May 4, 2023
NGOs warn EU’s carbon removal proposals are ‘still falling short’
The European Commission’s proposed carbon removal legislation could still cause more harm...
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April 27, 2023
‘Hypocritical’ EU plans to ramp up LNG imports from US, says Greenpeace
The EU bans the fracking that produces liquefied natural gas at home...
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April 26, 2023
EU agrees big companies must align their climate plans with Paris Agreement
EU legal affairs committee outlines climate transition plan rules for corporates as part of the Corporate Sustainability Due Diligence Directive, but delayed deadlines and the exemption of some financial institutions...
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April 19, 2023
EU hit with lawsuits over nuclear and gas taxonomy inclusion
Environmental organisations are challenging the inclusion of nuclear and fossil gas energy sources in the EU taxonomy, claiming that it ‘jeopardises the credibility’ of the rules. The European Commission has...
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April 18, 2023
EU shuns setting minimum criteria for sustainable investments
The European Commission has decided to disregard suggestions to introduce minimum environmental standards for Article 8 or Article 9 funds under the EU Sustainable Finance Disclosure Regulation. In an update...
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April 3, 2023
EU agrees to increase renewable energy target to 45%
The new target – a significant increase on the current goal of 32 per cent – agreed as part of the EU’s Renewable Energy Directive sends a clear message to...
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March 30, 2023
Efrag asked to reprioritise work on EU sustainability reporting standards
The European Commission has asked the European Financial Reporting Advisory Group to delay its work on sector-specific standards and provide additional guidance on its existing sector-agnostic proposals. The technical advisory...
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