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
On June 6, 2024, the Bureau of Standards, Metrology and Inspection (BSMI), M.O.E.A of Taiwan released a draft to the “Legal inspection requirements for electric vehicle (EV) charging equipment” and started soliciting comments. The comment period will last until August 5, 2024. Currently, the vehicle… Read More »Taiwan BSMI to add electric vehicle charging equipment as products subject to Taiwan RoHS rules
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
ESMA supports using the EU Taxonomy as the exclusive source of sustainability information. Suggests better financial product classification and transparency. Demands policy consumer testing and regulation of ESG data goods. An opinion on improving the Sustainable Finance Regulatory Framework has been released by the European… Read More »ESMA Suggests Improving the EU Sustainable Finance Framework to Combat Greenwashing and Increase Investment Clarity
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
The report focuses on the construction of the National ETS, CEAs allocation and surrender, and progress made since the launch of the National Voluntary Market. In recent years, China has attached great importance to the development of a national carbon market to promote cost-effective carbon… Read More »China Reports Progress on National Carbon Market
It seems that the International Sustainability Standards Board (ISSB) makes a new announcement about ‘harmonizing’ corporate sustainability reporting every other week. This week, there was an update on the strengthening of relationships between the ISSB and Transition Plan Taskforce (TPT), the Greenhouse Gas (GHG) Protocol,… Read More »ISSB Unifies Global Sustainability Standards for a Greener Future
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