Categorisation of Financial Products Under SFDR: A Detailed Overview The European Commission’s Platform on Sustainable Finance has released a proposal that provides essential guidance for categorising financial products under the Sustainable Finance Disclosure Regulation (SFDR). This document outlines a structured approach aimed at enhancing transparency and consistency in sustainable finance…
The European Commission and Switzerland have successfully concluded negotiations aimed at enhancing their bilateral relationship, marking a pivotal moment in European diplomacy. This milestone agreement ushers in a new era of collaboration between the EU and its Alpine neighbor, addressing a range of shared challenges and mutual opportunities. A fresh…
Introduction In an era where sustainability is no longer optional, the European Financial Reporting Advisory Group (EFRAG) unveiled the Voluntary Sustainability Reporting Standard for Non-Listed SMEs (VSME) on December 18, 2024. This initiative is a response to the mounting demands for structured, transparent, and accessible sustainability data from micro, small,…
The Corporate Sustainability Reporting Directive (CSRD) has become a cornerstone of the European Union’s sustainability framework. As businesses grapple with the extensive reporting requirements, Germany’s recent proposal outlines several strategies to streamline and simplify the directive without compromising its sustainability goals. Here’s an in-depth look at the key proposals. 1.…
December 18, 2024 We are proud to announce that Xlife Sciences AG has published its second ESG report for 2023, developed using Generation Impact Global’s ESG software. This milestone underscores Xlife Sciences’ commitment to sustainability, innovation, and transparency while streamlining ESG reporting and data management. The report, aligned with GRI…
Geneva, Switzerland – December 5th 2024 Generation Impact Global, a leading software provider for ESG data management and sustainability reporting, has been awarded the ISO/IEC 27001:2022 certification. This certification, issued by Intertek, verifies that the company’s information security management system complies with internationally recognized standards, further solidifying its commitment to…
Generation Impact Global is pleased to announce its formal recognition as a Friend of EFRAG, marking an important engagement to support the advancement of sustainability reporting frameworks within the European Union (EU). Through this affiliation, Generation Impact Global has committed itself to contribute towards the further development and promotion of…
On August 30th, 2024, Italy and Ireland advanced the transposition of the EU Corporate Sustainability Reporting Directive (CSRD) into their national legal frameworks. This marks a critical development in the harmonization of sustainability reporting obligations across the European Union. Italy’s Legislative Approach Italy’s transposition of the CSRD, as ratified by…
The European Securities and Markets Authority (ESMA) has announced the publication of the official translations of its Guidelines on the use of Environmental, Social, and Governance (ESG) or sustainability-related terms in the names of UCITS (Undertakings for Collective Investment in Transferable Securities) and AIF (Alternative Investment Funds). These guidelines were…
The Corporate Sustainability Due Diligence Directive (CSDDD), enacted through Directive (EU) 2024/1760, represents a legislative instrument aimed at embedding sustainable practices and human rights protections into corporate governance. The Directive focuses on corporate responsibility, requiring companies operating within the EU or conducting significant business in the Union to actively assess…