The IFRS Foundation has published six near-final illustrative examples to help companies apply IFRS Accounting Standards when reporting uncertainties, especially those related to climate scenarios. Developed by the International Accounting Standards Board (IASB) in collaboration with the International Sustainability Standards Board (ISSB), the examples aim… Read More »IFRS Foundation Issues Near-Final Climate Case Studies to Support Reporting on Uncertainty

The European Commission has launched a Call for Evidence for its upcoming “environmental omnibus proposal,” aimed at simplifying environmental laws and reducing administrative burdens for businesses, particularly in the areas of the circular economy, industrial emissions, and waste management. This initiative follows the EU’s broader… Read More »EU Proposes Relaxation of Rules on Industrial Emissions, Circular Economy, and Waste Management

On May 14, 2025, the U.S. Environmental Protection Agency (EPA) announced its decision to maintain the existing Maximum Contaminant Levels (MCLs) for perfluorooctanoic acid (PFOA) and perfluorooctanesulfonic acid (PFOS) in drinking water, originally established in 2024. However, the agency extended the compliance deadline for public… Read More »U.S. EPA Pushes PFOA/PFOS Deadline to 2031

The Australian Department of Climate Change, Energy, the Environment and Water has issued the Industrial Chemicals Environmental Management (Register) Amendment (2025 Measures No. 1) under the Industrial Chemicals Environmental Management (Register) Act 2021, marking a decisive move to restrict harmful industrial substances. The amendment introduces… Read More »Australia Enforces Dual Ban on DBDPE and Mercury

To give producers more time to adhere to regulations that seek to outlaw non-essential PFAS in products by 2032, Minnesota has extended the initial PFAS reporting deadline for items to July 1, 2026. The initial reporting deadline for per- and polyfluoroalkyl substances (PFAS) in products… Read More »Minnesota Postpones PFAS Product Reporting Deadline

On 16 June 2025, the Council of the European Union and the European Parliament reached a political agreement on a new regulation that introduces additional procedural rules for enforcing the General Data Protection Regulation (GDPR) in cross-border cases. The Regulation aims to address long-standing delays… Read More »European Union Agrees on Measures to Simplify Cross-Border GDPR Enforcement

More stringent concentration limits and particular exclusions for UV-328 and PFOA, its salts, and related chemicals have been included to the European Commission’s revised POPs Regulation. Significant changes to Annex I of Regulation (EU) 2019/1021 on persistent organic pollutants (POPs) were recently announced by the… Read More »The European Commission Has Adopted Tighter UV-328 and PFOA Limits

On July 10, 2025, two industrial chemicals were officially added to the Australian Inventory of Industrial Chemicals (AIIC) under Section 83 of the Industrial Chemicals Act 2019. Following the issuance of assessment certificates, this update aims to support the safe regulation and use of these… Read More »AICIS Regulatory Alert: Two New Chemicals Listed on the AIIC