The Ministry of New and Renewable Energy (MNRE) has introduced sweeping revisions to India’s solar photovoltaic (PV) regulations, reinforcing its commitment to high-performance and safe solar energy solutions. The Solar Systems, Devices, and Components Goods Order, 2025, notified in the Gazette of India on January… Read More »India Strengthens Solar PV Regulations with New 2025 Standards

At the fifteenth meeting of the Conference of the Parties to the Basel Convention (COP-15, held from June 6-17, 2022), amendments were made to Annexes II, VIII, and IX with the aim of expanding the control over transboundary movements of e-waste and ensuring all electronic… Read More »Amendments to the Basel Convention on E-waste

The IFRS Foundation has announced the release of a new guide to assist companies in their initial application of the ISSB standards for sustainability reporting, specifically focusing on climate-related disclosures. Launched in November 2021, the IFRS Foundation’s International Sustainability Standards Board (ISSB) aims to develop… Read More »IFRS Publishes Guidance for Companies Taking a Climate-First Approach to Sustainability Reporting

Switzerland has pledged to reduce greenhouse gas emissions by at least 65% by 2035 compared to 1990 levels, with an average reduction of 59% between 2031 and 2035. These targets align with the Climate and Innovation Act and the country’s goal of achieving net-zero emissions… Read More »Switzerland Commits to 65% Greenhouse Gas Emissions Reduction by 2035 Under Paris Agreement

Unified Global Standards: New guidelines introduce a consistent global approach to sustainability reporting and assurance, fostering transparency and trust. Enhanced Ethical Framework: The standards tackle challenges such as greenwashing, fraud, and ethical risks, driving accountability in sustainability practices. Implementation Timeline: The standards will apply to… Read More »IAASB, IESBA Unveil New Global Standards and Guidance to Strengthen Sustainability Reporting

The German government is calling for substantial changes to the Corporate Sustainability Reporting Directive (CSRD), seeking to delay sustainability reporting obligations for smaller businesses by two years and to eliminate sector-specific reporting requirements altogether. The CSRD, a major update to the EU’s Non-Financial Reporting Directive… Read More »Germany Advocates Postponing CSRD Sustainability Reporting Deadlines for Smaller Businesses

In December, 2024, the Union Ministry of Steel unveiled the Green Steel Taxonomy, a significant step towards reducing carbon emissions in India’s steel sector. As one of the most carbon-intensive industries, steel plays a crucial role in the country’s decarbonisation journey. This taxonomy establishes clear… Read More »India’s green steel taxonomy