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…

In a landmark move, the EU Council and Parliament have established a provisional agreement on the new regulatory framework for Environmental, Social, and Governance (ESG) rating activities. This decisive step is anticipated to bolster investor confidence in sustainable products by enhancing the transparency and reliability of ESG ratings. ESG ratings…

MEPs Endorse Delay with a Focus on Quality and Transparency In a significant development on January 24, 2024, the European Parliament’s Committee on Legal Affairs (JURI) agreed to a proposal by the European Commission to postpone the adoption of specific sustainability reporting standards. This adjustment is aimed at sectors and…

As we navigate through 2024, it has become evident that this year is pivotal for the full-scale integration of Environmental, Social, and Governance (ESG) and sustainability principles into the corporate ethos. Companies across the board are now mandated to undertake a comprehensive overhaul of their governance, internal organisation, and their…