Driving transparency and sustainability in Sri Lanka’s textile sector: a new chapter for ethical business Sri Lanka’s apparel and textile industry—long celebrated for its ethical manufacturing practices—is once again stepping into the spotlight, this time with a transformative push toward greater transparency, inclusivity, and sustainability. At the heart of this…
Biodiversity is the rich variety of life on Earth—isn’t just an environmental concern. It’s an economic, social, and planetary imperative. According to the World Economic Forum, more than half of the world’s GDP roughly $44 trillion is moderately or highly dependent on nature and its services. As we face accelerating…
Generation Impact Global is pleased to announce its participation as one of the 17 partners in ADALTIM (Algorithms and Impact Data Lake for Transformative Impact Management), a project selected by the European Commission to develop a new generation of Impact Rating services for the financial and corporate sectors in Europe. …
In 2024, the Global Reporting Initiative (GRI) launched a set of three sector-specific draft standards to improve sustainability reporting across the financial services industry. These drafts—covering insurance, capital markets, and banking—address a long-standing gap: the lack of tailored guidance for financial institutions on how to disclose their indirect but far-reaching…
Insurance might not be the first thing that comes to mind when we think about sustainability—but it should be. With trillions in investments and the power to influence which industries thrive (or don’t), insurers play a quiet yet critical role in shaping the future. That’s exactly why the Global Reporting…
On 26 February 2025, the European Commission adopted the first Omnibus legislative package, a landmark move to simplify EU sustainability-related regulations while preserving climate ambition. The most substantial impacts are seen in the Carbon Border Adjustment Mechanism (CBAM) and the Corporate Sustainability Reporting Directive (CSRD), both of which are being…
As the European Union progresses toward a unified sustainability reporting system under the Corporate Sustainability Reporting Directive (CSRD), the coexistence of voluntary and mandatory frameworks presents both challenges and opportunities for preparers. A key development in harmonising these frameworks is the mapping of the EU Eco-Management and Audit Scheme (EMAS)…
If you’re working in sustainability reporting, corporate transparency, or just trying to stay ahead of the EU’s evolving ESG landscape—listen up. The European Securities and Markets Authority (ESMA) is currently running a public consultation that could reshape how companies tag and share their sustainability information digitally. And yes, it’s as…
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…