globalpccs

In June, 2024, the Beijing Municipal Government released the first local ESG implementation promotion plan, after the announcement of sustainability report criteria for listed businesses by the Shanghai Stock Exchange (SSE), Shenzhen Stock Exchange (SZSE), and Beijing Stock Exchange (BSE). The policy’s name has been… Read More »Beijing issues first local ESG implementation plan

In an effort to combat greenwashing—the practice of businesses making unsubstantiated claims about the environmental advantages of their goods or operations—the Canadian government has enacted a number of new regulations. The government stated that the new laws would “enhance protections for consumers, workers, and the… Read More »Canada Implements New Laws Concerning Corporate Greenwashing

The European Commission announced today the imposition of duties on imports of battery electric vehicles (BEVs) from China, effective July 5, after concluding that European BEV manufacturers face a threat from unfair subsidization provided to the Chinese BEV value chain. The European electric vehicle market… Read More »EU Implements Tariffs on Chinese Electric Vehicles After Anti-Dumping Probe

New Guidelines: ESMA publishes rules to harmonize sustainability reporting within the European Union Support for Large Issuers:  Guidelines offered to make the European Sustainability Reporting Standards (ESRS) easier to apply Future Monitoring: ESMA pledges to continue enforcing and monitoring sustainability reporting guidelines.  New Measures for… Read More »ESMA Introduces Measures to Enhance Corporate Sustainability Reporting: Advancing transparency and accountability in ESG disclosures

EU Imposes Provisional Duties on Chinese BEVs The European Commission has imposed provisional countervailing duties on battery electric vehicle (BEV) imports from China, nine months after initiating an anti-subsidy investigation. The investigation concluded that China’s BEV sector benefits from unfair subsidies, posing a threat to… Read More »EU Hits Chinese EV Battery Imports with Provisional Duties Amid Trade Talks

Four types of phthalates including DIBP, DBP, BBP and DEHP are added as restricted substances. On June 29, 2024, China’s State Administration of Market Regulation (SAMR) officially approved the First Amendment of RoHS standard, namely GB/T 26572- 2011 Requirements of Concentration Limits for Certain Restricted… Read More »China Adds 4 Types of Phthalates under RoHS Control

In February 2023, Malaysia updated its Customs (Prohibition of Imports) Order. According to Amendment [P.U. (A) 69/2024], Malaysia will begin prohibiting the importation of 21 types of metal waste and scrap starting May 1, 2024. Below is the comprehensive list of prohibited metal waste and… Read More »Malaysia Bans Imports of 21 Types of Metal Waste and Scrap

A carbon tax on livestock emissions is among the measures the Danish government outlined to mitigate the effects of the agriculture industry on the environment and climate change. The government, environmental groups, associations in the agricultural sector, and unions are all parties to the new… Read More »Denmark Declares the First-Ever Agriculture Carbon Tax

The International Sustainability Standards Board’s sponsoring organisation also stated that 55% of the world’s GDP is distributed among the countries that conform to its principles. With three announcements that demonstrate its expanding efforts to advance the ESG reporting environment, the International Finance Reporting Standards Foundation,… Read More »IFRS, GRI seek full interoperability as global jurisdictions align with ISSB