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British Columbia Revises Offset Protocol Framework, Initiates Review of Fuel Switch Protocol

British Columbia has released an updated approach to developing, reviewing, and maintaining greenhouse gas (GHG) offset protocols under its Offset Protocol Policy (OPP), aiming to enhance transparency, diversify eligible projects, and ensure permanent emissions reductions. The province’s protocols comply with ISO 14064-2 standards, ensuring emissions… Read More »British Columbia Revises Offset Protocol Framework, Initiates Review of Fuel Switch Protocol

EBA Advises Regulators to Delay Enforcement of ESG Disclosure Rules for Banks

The European Banking Authority (EBA) has issued a no action letter advising regulators not to prioritize enforcement of the upcoming ESG Pillar 3 disclosure requirements for banks, pending clarity on the European Commission’s Omnibus I initiative to simplify sustainability reporting and compliance obligations. The guidance… Read More »EBA Advises Regulators to Delay Enforcement of ESG Disclosure Rules for Banks

China Issues the New Edition of the Catalogue of Psychotropic Substances and Non-Medical Narcotics

· The National Medical Products Administration, the National Health Commission, and the Ministry of Public Security together released a statement on July 21, 2025. · The current Narcotics Catalogue, Psychotropic Substances Catalogue, and Supplementary Catalogue of Controlled Varieties of Non-medical Narcotics and Psychotropic Substances have… Read More »China Issues the New Edition of the Catalogue of Psychotropic Substances and Non-Medical Narcotics

CDP Report Finds Companies Can Gain Seven Times the Return on Investments in Climate Action

Companies acting on climate risk data are seeing significant returns, with risk mitigation delivering up to 21:1 ROI and an average of 7:1. In 2024, 12% of companies that disclosed opportunities to CDP unlocked $4.4 trillion in environmental value, leaving $13.2 trillion still untapped. Drawing… Read More »CDP Report Finds Companies Can Gain Seven Times the Return on Investments in Climate Action

The Carbon Capture, Utilization, and Storage Act is passed in Malaysia

On August 1, 2025, Malaysia published the Carbon Capture, Utilization and Storage (CCUS) Act 2025, establishing a legal framework for carbon capture, utilization, and storage activities—particularly involving carbon dioxide—in Peninsular Malaysia. Sabah and Sarawak are expected to introduce their own CCUS laws. The enforcement date… Read More »The Carbon Capture, Utilization, and Storage Act is passed in Malaysia