The U.S. Securities and Exchange Commission launched a defense in court of its new climate reporting rule, arguing that the proposed disclosures in the rule provide “information directly relevant to the value of investments,” and that it is within the Commission’s authority to mandate climate… Read More »SEC Defends its Climate Disclosure Rule in Court
China will publish 70 national carbon standards by the end of 2024. Standardized carbon calculation system to be in place by 2025. Focus on new energy vehicles, photovoltaic products, and lithium batteries. China has released a comprehensive plan to standardize carbon emission calculations across key… Read More »China to Issue 70 National Standards for Carbon Emission Calculations in 2024
In essence, sustainability reporting entails the disclosure of environmental, social, and governance (ESG) goals, along with communicating the progress made toward achieving these objectives. It goes beyond merely stating the company’s sustainability aspirations by actively assessing the action plan implemented to reach its targets. What… Read More »Sustainability reporting and why is it important?
A proposed regulation to outlaw aerosol dusters containing more than 18 milligrams of 1,1-Difluoroethane (HFC-152a) or 1,1,1,2-Tetrafluoroethane (HFC-134a) was introduced by the US Consumer Product Safety Commission (CPSC) on July 10, 2024. This rule will go into effect thirty days after the final rules are… Read More »US Proposes Curbing the Use of High-Concentration HFC-152a and HFC-134a in Aerosol Sprays
Establishes a $5 billion Future Energy Fund for investments in low-carbon projects. centralizes the purchase of gas to guarantee supply and diversify energy sources.gives EMA the ability to control expenses, gain access to infrastructure, and deal with crises. In an effort to change the Gas… Read More »Singapore Introduces Bill to Strengthen Power Sector Regulation and Promote Energy Transition
With the first reports scheduled to start the following year, based on the 2024 financial year, the European Commission today announced the release of a new series of frequently asked questions (FAQs) designed to assist businesses and other stakeholders, including auditors, in implementing the sustainability… Read More »The EU Commission Releases the CSRD FAQ to Assist Businesses in Adopting the New Sustainability Reporting Regulations
The Integrity Council for the Voluntary Carbon Market said carbon credits issued under existing renewable energy methodologies won’t qualify for its Core Carbon Principles label. Existing renewable energy methodologies won’t receive the CCP label due to insufficient rigor. New methodologies for methane leak detection and… Read More »Integrity Council Tightens Standards for Carbon Credits in Renewable Energy
Fluorinated gases (F-gases) are man-made gases used in a range of industrial applications. F-gases are often used as substitutes for ozone-depleting substances because they do not damage the atmospheric ozone layer. However, F-gases are powerful greenhouse gases, with an even higher warming potential than carbon… Read More »F-gases
On July 1, 2024, the Ministry of Environment of Taiwan issued the “Administrative measures for the transaction, auction and transfer of greenhouse gas reduction credits”. The Measures are issued based on the “Climate Change Response Act” enacted in 2023 and will come into effect on… Read More »Taiwan issues regulation to manage transaction, auction and transfer of GHG reduction credits
The Act on the Registration and Evaluation of Chemicals (AREC) (known as K-REACH) is a crucial regulatory framework in South Korea aimed at ensuring the safe management of chemical substances. Chemical producers and importers must register their materials with the Ministry of Environment (MoE) in… Read More »K-REACH Compliance: The Last Day to Register Existing Chemical Substances is Near
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