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Council Adopts Net-Zero Industry Act to Strengthen EU’s Green Technology Manufacturing

The Council has adopted a regulation on establishing a framework of measures for strengthening Europe’s net-zero technology manufacturing ecosystem, better known as the ‘net-zero industry act’. The regulation aims to boost the industrial deployment of net-zero technologies that are needed to achieve the EU’s climate… Read More »Council Adopts Net-Zero Industry Act to Strengthen EU’s Green Technology Manufacturing

EU Regulator Demands SMEs Report on Benefits of Sustainability and Chances to Prevent Greenwashing

The European Securities and Markets Authority (ESMA), the EU markets regulator, has released recommendations to modify the sustainability reporting requirements that have been proposed for market-listed small and medium-sized (SME) businesses. One of the proposals is to require SMEs to report on opportunities and positive… Read More »EU Regulator Demands SMEs Report on Benefits of Sustainability and Chances to Prevent Greenwashing

Singapore Leads in Corporate Sustainability Reporting

Singapore remains a frontrunner in corporate sustainability reporting. The survey polled over 2,000 corporate reporting professionals across North America, Europe, and Asia. Transparency and Financial Performance Singaporean companies are strong advocates for transparency in environmental, social, and governance (ESG) practices. An impressive 97% of respondents… Read More »Singapore Leads in Corporate Sustainability Reporting

2 significant human rights and sustainability rules adopted by the EU

According to recent official pronouncements, the European Union legally enacted two pieces of broad labor and sustainability law in May: the Corporate Sustainability Due Diligence Directive and the Ecodesign regulation. Sustainability standards pertaining to longevity, a product’s environmental impact, and ease of repair, reuse, and… Read More »2 significant human rights and sustainability rules adopted by the EU

EU Approves New Regulations on Product Sustainability and Prohibits Destruction of Unsold Clothes and Shoes

The European Council stated that member states have approved standards for a new “Ecodesign” framework, which would define sustainability requirements for almost all items marketed in the EU. Additionally, the destruction of unsold textiles and footwear will no longer be permitted. The declaration by the… Read More »EU Approves New Regulations on Product Sustainability and Prohibits Destruction of Unsold Clothes and Shoes