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Singapore promulgates two laws to strengthen energy-saving regulations for electrical products from 2024

Two laws were enacted in Singapore on November 3, 2023, to reinforce the energy-saving requirements for electrical devices starting in 2024. The legislation now includes T5LFL/LEDs and portable air conditioners, and MEPS have been updated or reinforced. Furthermore, new or amended standards have been established… Read More »Singapore promulgates two laws to strengthen energy-saving regulations for electrical products from 2024

IMDS Release 14.3

IMDS:- IMDS stands for International Material Data System. It is a web-based tool used in the automotive industry for collecting, managing, and sharing material data related to automotive components. IMDS is primarily used to ensure compliance with environmental regulations and to promote the use of… Read More »IMDS Release 14.3

EU Parliament Approves New Law Banning Misleading Product Sustainability Claims

Introduction In a significant move towards fostering transparency and environmental accountability, the European Parliament has recently approved a groundbreaking law aimed at curbing misleading sustainability claims made by companies. The legislation addresses the growing concern of greenwashing, a practice where businesses exaggerate or falsely advertise… Read More »EU Parliament Approves New Law Banning Misleading Product Sustainability Claims

New Social and Climate Targets Disclosures for Financial Products Are Established by EU Regulators

With proposals for new mandatory reporting on social factors like exposure to tobacco production and inadequate wages, as well as new financial product disclosure of greenhouse gas (GHG) emission reduction targets, Europe’s three main financial regulatory agencies, the European Supervisory Authorities (ESAs), announced the publication… Read More »New Social and Climate Targets Disclosures for Financial Products Are Established by EU Regulators

China launches three-year plan for promoting bamboo as eco-friendly substitute for plastics

The National Development and Reform Commission of China, along with three other central government agencies, unveiled the “Three-year action plan for promoting bamboo as an eco-friendly substitute for plastics” on October 12, 2023. By developing an industrial system focused on bamboo substitutes and encouraging cooperative… Read More »China launches three-year plan for promoting bamboo as eco-friendly substitute for plastics

GRI and EFRAG are collaborating together to develop sustainability reporting standards and provide training

The GRI and the EFRAG signed a new collaboration agreement to further their partnership on sustainability reporting. The agreement includes commitments to work together on training programs and the creation of reporting standards, among other things. The first agreement, which was established in 2021 to… Read More »GRI and EFRAG are collaborating together to develop sustainability reporting standards and provide training