From October 2023 through to March 2024, the Ministry of Trade, Industry and Energy of South Korea conducted its first phase of a pilot project with the aim of establishing a certification system for recycled materials. The pilot project covers five product groups, including electronic… Read More »South Korea to accelerate the creation of recycled material certification system

Highlights To encourage funding availability for climate initiatives, India’s financing Minister suggests creating a taxonomy of climate financing. This taxonomy aids in the fight against climate change and directs funding for sustainable initiatives. Similar policies have been implemented by other nations to increase climate financing… Read More »India’s Finance Minister Unveils a Climate Finance Taxonomy

The Taskforce on Nature-related Financial Disclosures (TNFD) and the Global Reporting Initiative (GRI), two of the top organizations advocating for standardized ESG reporting, announced the release of a collaborative interoperability mapping resource. This new manual aims to assist businesses reporting on risks and impacts related… Read More »A Guide to GRI and TNFD Releases to Assist Businesses in Reporting on Environmental Impact Using Both Standards

The foundation of GHG accounting standards worldwide has been the GHG Protocol, which was created in 1998 by the World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD). Its Corporate Standard, which was most recently updated in 2004, and the 2011… Read More »Navigating the Integration of GHG Protocol and IFRS S2 Standards

SAF requirements will begin in 2025; by 2040, it will rise to 22%. 10,000 new employment and an estimated £1.8 billion economic gain. By 2040, emissions might be reduced by up to 6.3 MtCO2e. With the introduction of the sustainable aviation fuel (SAF) mandate, the… Read More »UK to Implement Mandate for 2% Sustainable Aviation Fuel by 2025, Increasing to 22% by 2040

Most companies and investors are not yet measuring and targeting reductions in Scope 3 value chain emissions, leading to significant overlooked and unreported financial risks in their supply chains, according to a new report released. Regarding the study “Scope 3 Upstream: Significant Difficulties, Easy Solutions,”… Read More »Companies, Investors Overlooking Major Financial Risks from Unmeasured Scope 3 Emissions

The United Nations is starting out a program that will involve a number of regional gatherings all across the world to expedite climate action and match climate commitments with the Paris Agreement.  “NDCs 3.0 Regional Fora” will assist nations in updating and reworking their Nationally… Read More »UN launches program to align regional climate action with the Paris Agreement

New ecodesign rules now apply to almost all physical goods in the EU market, not just energy-related products. Products must be energy-efficient, durable, repairable, and recyclable, among other eco-friendly traits. Companies must disclose annual product waste and reasons, and public procurement must meet green criteria.… Read More »EU Expands Ecodesign Rules to Nearly All Goods, Enhancing Sustainability and Transparency

The strategy specifies key areas, and aims to develop regulatory systems for hydrogen In June, 2024, the Environment and Ecology Bureau of Hong Kong published the Strategy of Hydrogen Development in Hong Kong to promote hydrogen energy. This strategy defines targets for hydrogen energy promotion,… Read More »Hong Kong government publishes strategy for hydrogen energy promotion