news
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Read more: GRI completes financial sector trio with new draft standard for bankingGRI completes financial sector trio with new draft standard for banking
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…
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Read more: Why the new GRI draft standard could reshape how insurers report on sustainability
Why the new GRI draft standard could reshape how insurers report on sustainability
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…
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Read more: Europe’s Industrial Decarbonisation Act: A Market Reset in the MakingEurope’s Industrial Decarbonisation Act: A Market Reset in the Making
A Quiet but defining moment for Europe’s industrial strategy The European Commission is preparing legislation that, at first glance, might seem bureaucratic and niche: the Industrial Decarbonisation Accelerator Act (IDAA). But professionals in the industrial, energy, and policy spaces would be mistaken to underestimate its significance. Expected in Q4 2025,…
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Read more: Brussels shifts focus to long-term competitiveness as EU industry faces global squeeze
Brussels shifts focus to long-term competitiveness as EU industry faces global squeeze
A new European Commission strategy signals a pivot from crisis response to structural reform — but execution risks remain high. After five years of reacting to back-to-back crises — from the pandemic and war in Ukraine to inflation and supply chain breakdowns — the European Commission is now taking a…
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Read more: Omnibus package 2025: simplifying the Carbon Border Adjustment Mechanism and sustainability reporting in the EU
Omnibus package 2025: simplifying the Carbon Border Adjustment Mechanism and sustainability reporting in the EU
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…
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Read more: Aligning EMAS with ESRS: technical mapping for integrated sustainability reporting
Aligning EMAS with ESRS: technical mapping for integrated sustainability reporting
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)…
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Read more: Why you should care about ESMA’s consultation on digital tagging of Sustainability Reports
Why you should care about ESMA’s consultation on digital tagging of Sustainability Reports
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…
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Read more: Categorisation of Financial Products Under SFDRCategorisation of Financial Products Under SFDR
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…
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Read more: The EU and Switzerland forge a stronger bilateral partnership
The EU and Switzerland forge a stronger bilateral partnership
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…
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Read more: Voluntary Sustainability Reporting Standard for Non-Listed SMEs (VSME)
Voluntary Sustainability Reporting Standard for Non-Listed SMEs (VSME)
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,…
