Proposals have been made by the Securities and Exchange Board of India (SEBI) to facilitate the disclosure of environmental, social, and governance (ESG) information by listed firms and their value chain partners. Only value chain participants that together account for two percent or more of… Read More »SEBI suggests measures to facilitate listed businesses’ ESG disclosures
Overview As part of Canada’s plan to move toward the goal of zero plastic waste by 2030, the Government of Canada is taking ambitious action to reduce plastic pollution and help Canadians move towards a circular economy through an evidence-based and comprehensive plan that addresses… Read More »The Canadian Federal Plastics Registry
With an average worldwide temperature that is about 1.5°C above pre-industrial levels, 2023 was officially the hottest year on record, according to the World Meteorological Organization. Additionally, data indicate that, since the 1980s, temperatures have increased with each passing decade,with the last nine years being… Read More »Hong Kong Establishes a Green Finance Taxonomy to Strengthen the City’s Position in Fundraising
On March 28, 2024, the South Korea’s Ministry of Employment and Labor (MOEL) issued a Notice on the Names, Hazards, Risks, and Annual Manufacture and Import Quantities of New Chemical Substances and Measures to Be Taken (MOEL Notice No. 2024-162). The Ministry stated that it… Read More »South Korea’s Ministry of Labor publishes hazards and risks of 71 new chemical substances pursuant to OSHA
The European Council announced the adoption of a new regulatory package that establishes common market rules for hydrogen, natural gas, and renewable energy. The package aims to support the EU’s decarbonization goals and accelerate Europe’s transition from fossil fuels to low-carbon and renewable energy sources.… Read More »EU Adopts New Regulations to Develop the Hydrogen Market and Decarbonize Gas
On March 27, 2024, the Provincial People’s Congress of Jiangsu province, China, published local regulations on ecological and environmental protection, which will come into effect June 5, 2024. These are overarching legislation for environmental protection in the province. The regulations include stricter rules on green… Read More »China’s Jiangsu province issues regulations on ecological, environmental protection
After the first phase of the U.K.’s Sustainability Disclosure Requirements (SDR), sometimes referred to as the anti-greenwashing law, takes effect at the end of May, a number of significant initiatives will be implemented with the goal of enhancing the sustainability of sustainable investment funds’ naming… Read More »New SDR Regulations in the UK Raise Demands on ESG Product Providers
On April 8, 2024, China’s Industry and Information Technology announced a plan to revise the country’s mandatory national standards that set limits on hazardous substance content in coating materials used for buildings. More specifically, it plans to combine the currently implemented two standards into a… Read More »China wants to alter national guidelines for hazardous substance content in building coatings
Key Impact Points: According to new regulations, certain environmental, social, or governance standards must be met by at least 80% of investments made in ESG or sustainability funds. To avoid misleading fund names, some sustainability-related phrases have specific exclusion requirements. Guidelines will be implemented six… Read More »EU Finalizes Guidelines to Combat Greenwashing in “ESG” and “Sustainability” Fund Names
On May 10, 2024, the Ukrainian government adopted the Technical Regulation for the Classification of Hazards, Labelling and Packaging of Chemical Products in an effort to bring it into compliance with EU standards. In adopting the standards outlined in EU Regulation 1272/2008 on Classification, Labelling… Read More »Ukraine Adopts CLP Regulation Signalling Alignment with Global Chemical Safety Standards
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