The Singapore Business Federation (SBF), which represents over 32,000 companies, has issued a statement requesting a one- to two-year delay in mandatory climate-related disclosures for smaller businesses. The requirements, initially set to begin this year, aim to align with new government and regulatory mandates but… Read More »Singapore Companies Urge Delay in Mandatory Climate Reporting Requirements for Smaller Businesses

Commission Delegated Regulation (EU) 2025/1222, which amends Section III, Table 3 of Annex VI to the Classification, Labelling and Packaging Regulation (CLP Regulation) (EC) No 1272/2008, was published in the EU Official Journal on June 20, 2025. To conform to the most recent scientific risk… Read More »EU Updates CLP Regulation Annex VI; New Regulations Will Go into Effect in 2027

The European Commission has introduced the Clean Industrial Deal Framework (CISAF)—a comprehensive, long-term state aid framework designed to drive clean energy deployment, industrial decarbonisation, and clean technology investment across the EU. Replacing the Temporary Crisis and Transition Framework (TCTF), CISAF will remain in effect until… Read More »EU Adopts State Aid Framework to Boost Clean Industry by 2030

The UK government has released exposure drafts of the new UK Sustainability Reporting Standards (UK SRS), aligned with the IFRS Foundation’s International Sustainability Standards Board (ISSB) standards, to establish a framework for delivering sustainability-related financial information to capital markets. This release is part of a… Read More »UK Unveils Draft Sustainability and Climate Reporting Standards

Overview The Ministry of Heavy Industries, Government of India, in coordination with the Bureau of Indian Standards (BIS), has issued the 2025 Amendment to the Machinery and Electrical Equipment Safety (Omnibus Technical Regulation) Order, updating the provisions of the original 2024 Order. Key Highlights of… Read More »Implementation Deadline Extended for the 2024 Omnibus Technical Regulation on Machinery and Electrical Equipment Safety

The Global Reporting Initiative (GRI) has introduced its new Sustainability Taxonomy, a digital framework that transforms its full suite of standards—Universal, Sector, and Topic—into machine-readable formats using XBRL (eXtensible Business Reporting Language), the global standard for digital business reporting. Key Benefits: · · Digital Efficiency:… Read More »New GRI Digital Taxonomy Enables Automated and Standardized ESG Disclosures