globalpccs

In order to create a national standard for corporate sustainability disclosures by 2030, China’s Ministry of Finance has started to request feedback on a draft guideline. The action is being taken in response to the increasing emphasis on Environmental, Social, and Governance (ESG) concerns throughout… Read More »China to have a unified standard for corporate sustainability disclosure by 2030

The EU and Australia signed a Memorandum of Understanding (MoU) for a bilateral partnership to cooperate on sustainable critical and strategic minerals.   The MoU was signed on behalf of the EU by Executive Vice-President and Commissioner for Trade Valdis Dombrovskis, and Commissioner for Internal Market,… Read More »EU and Australia Forge Partnership on Sustainable Critical and Strategic Minerals

The Council has adopted a regulation on establishing a framework of measures for strengthening Europe’s net-zero technology manufacturing ecosystem, better known as the ‘net-zero industry act’. The regulation aims to boost the industrial deployment of net-zero technologies that are needed to achieve the EU’s climate… Read More »Council Adopts Net-Zero Industry Act to Strengthen EU’s Green Technology Manufacturing

The IFRS Foundation unveiled significant progress towards the establishment of a consistent global baseline for a corporate sustainability reporting system, revealing today that jurisdictions representing more than half of the global economy have announced steps to use or align with the International Sustainability Standards Board’s… Read More »IFRS Says Over Half of Global Economy Moving Towards Coverage by ISSB Sustainability Reporting Standards

The European Securities and Markets Authority (ESMA), the EU markets regulator, has released recommendations to modify the sustainability reporting requirements that have been proposed for market-listed small and medium-sized (SME) businesses. One of the proposals is to require SMEs to report on opportunities and positive… Read More »EU Regulator Demands SMEs Report on Benefits of Sustainability and Chances to Prevent Greenwashing

The Council has formally adopted the corporate sustainability due diligence directive. This is the last step in the decision-making procedure. The directive adopted today introduces obligations for large companies regarding adverse impacts of their activities on human rights and environmental protection. It also lays down… Read More »Council Adopts Corporate Sustainability Due Diligence Directive, Setting New Standards for Large Companies

Introduction The comprehensive requirements of EPA’s 2023 regulation on reporting and recordkeeping of PFAS (Per- and Polyfluoroalkyl Substances) have triggered questions and concerns for manufacturers and importers. The TSCA-governed reporting rule is structured by the EPA to collect considerable data on manufacture, use, and health… Read More »Exploring PFAS Regulation: EPA’s New Reporting and Recordkeeping Requirements under TSCA

The manufacture, import and export of Dechlorane Plus, Methoxychlor and UV-328, as well as products containing these chemicals, will not be allowed in Singapore from 26 February 2025. The National Environment Agency (NEA) of Singapore recently announced an important update regarding the country’s commitment to… Read More »Singapore to Ban Methoxychlor, Dechlorane Plus and UV-328 by 2025

A regulation on monitoring and cutting methane emissions was approved by the Council. It is included in the “Fit for 55” package. New guidelines for measuring, disclosing, and confirming methane emissions in the energy industry are brought about by the rule. Methane emissions are to… Read More »EU Approves Regulation Setting a Limit on Methane Emissions from Gas Imports