It indicates a trend toward stricter and more standardized management for lithium battery transport. On September 19, 2024, China’s Ministry of Transport (MoT) and nine other authorities jointly issued the Notice on Several Measures for Accelerating the Improvement of Transport and Safety Guarantee Capability of… Read More »China Takes Measures to Enhance Lithium Battery Safe Transport

Net greenhouse gas (GHG) emissions across the EU fell by 8.3% in 2023, according to a new report released by the European Commission, marking one of the largest declines in decades, with the exception of a 9.8% COVID-19-driven drop in 2020 (which was followed by… Read More »EU Cuts Greenhouse Gas Emissions by More than 8% in 2023

Ukraine shall implement REACH Regulations by January 2025, requiring the registration of chemical substances produced or imported over one ton annually. On July 23, 2024,  the Cabinet of Ministers of Ukraine approved the Resolution No. 847 On the Approval of the Technical Regulation on the… Read More »Ukraine REACH to be Enforced by January 2025

A Circular on the Integration of the Nation’s Renewable Energy Certificate Scheme and Voluntary Greenhouse Gas Emission Reduction Market was released on September 11, 2024 by the General Department of the National Energy Administration and the Ministry of Ecology and Environment of China. A certificate… Read More »China integrates renewable energy certificate scheme with voluntary GHG emission reduction market

The International Sustainability rules Board (ISSB) recently released disclosure rules relating to climate change and sustainability. The IFRS Foundation announced today the release of a new guide designed to assist businesses in voluntarily applying these standards and updating investors on their progress. In order to… Read More »IFRS Foundation Introduces New Guide to Support Voluntary Application of ISSB Sustainability Reporting Standard

In order to facilitate financial flows and investments required to meet the targets of achieving net-zero emissions by 2050 and limiting global temperature rise to 1.5°C, the Government of Canada announced plans to create a new sustainable investment taxonomy, a set of guidelines to help… Read More »Canada to Launch Sustainable Investment Taxonomy

The Government of Canada announced the first expansion of its requirements for climate-related financial disclosures to include private companies, with new plans to introduce mandatory climate-related reporting for large, federally incorporated companies. Alongside the new climate-related disclosure requirements, the government also introduced plans for a… Read More »Canada to Introduce Mandatory Climate Disclosure Requirements for Large Companies

New exposure drafts containing suggested sustainability- and climate-related reporting standards for businesses have been released by the Hong Kong Institute of Certified Public Accountants (HKICPA). These standards are fully compliant with the guidelines published by the International Sustainability Standards Board (ISSB) of the IFRS Foundation.… Read More »Hong Kong Suggests Sustainability Reporting Standards Aligned with IFRS

In accordance with the Chemical Substances Control Law, the Ministry of Health, Labour and Welfare, the Ministry of Economy, Trade and Industry, and the Ministry of the Environment of Japan jointly released a draft plan on September 9, 2024, proposing to classify 138 perfluorinated compounds… Read More »Japan Will Ban 138 Perfluorinated Substances by 2025