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…
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…