The European Parliament passed a new rule that would create a certification system to measure, track, and confirm carbon reductions and combat greenwashing. The adoption, which was approved by MEPs 441-139, is one of the last steps toward the introduction of a comprehensive framework for… Read More »The EU Parliament passes a law creating a certification program for carbon removal
The Sustainability Standards Board of Japan (SSBJ) announced the release of new exposure drafts for proposed standards for companies to report sustainability and climate-related information, based on the recently released sustainability disclosure standards by the IFRS Foundation’s International Sustainability Standards Board (ISSB). The release of… Read More »Japan Releases Proposed IFRS-Based Sustainability Reporting Standards
India’s Ministry of Environment, Forest and Climate Change of India (MoEFCC) has published the Plastic Waste Management (Amendment) Rules, 2024 on March 14, 2024, amending the Plastic Waste Management Rules, 2016, effective immediately. The most important change is that the Extended Producer Responsibility (EPR), which… Read More »India exempts MSMEs from plastic packaging EPR with latest amendment
The Ministry of Industry and Trade (MOIT) of Vietnam released a draft amendment to the Law on Chemicals (hereinafter the “Draft”). The revising work of the Law was initiated by the Vietnam Chemicals Agency (Vinachemia) of MOIT in January 2023. Following a number of reviews… Read More »Vietnam unveils proposed amendments to Law on Chemicals: Part 1 and 2
The Science Based Targets initiative (SBTi), one of the key organizations focused on aligning corporate environmental sustainability action with the global goals of limiting climate change, announced plans to extend the use of environmental attribute certificates, such as emissions reduction credits, to tackle Scope 3… Read More »SBTi to Allow Increased Role for Carbon Credits in Net Zero Targets
Introduction: The concept of a “Battery Passport” is a specialised application of the broader Digital Product Passport (DPP) initiative, tailored specifically for the battery industry. As the global demand for batteries, particularly lithium-ion batteries, surges due to the growing popularity of electric vehicles (EVs) and… Read More »Battery Passport
On January 24, 2024, the Ministry of Environment (MOE) of South Korea announced that, in accordance with the full revision of the pre-existing Framework Act on Resources Circulation into the Act on Promotion of Transition to a Circular Economy Society (hereinafter “Circular Economy Act” or… Read More »South Korea proposes five subordinate regulations for fully renewed Circular Economy Transition Act
A revised set of guidelines for land vehicles has been announced by the SBTi, which includes a new way for automakers to set objectives for reducing emissions by 1.5°C. Automakers can now match 1.5°C with their main source of emissions, which comes from drivers. Automotive… Read More »SBTi’s Milestone: Enabling Automakers to Match the 1.5°C Target for Vehicle Emissions
A major step forward in the advancement of sustainability reporting in Canada has been reached with the introduction of the first proposed Canadian Sustainability Disclosure Standards (CSDS), which the Canadian Sustainability Standards Board (CSSB) is pleased to announce. By creating a new standard for the… Read More »Canada Has Released Its First Sustainability Disclosure Standards
A key piece of legislation in the EU aimed at protecting and restoring natural ecosystems was dealt a major setback on Monday, with its removal from the agenda for an approval vote in the European Council after failing to maintain the necessary support by member… Read More »EU Council Fails to Approve Landmark Nature Restoration Law
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