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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…

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…

In a significant step towards streamlined sustainability reporting, the Global Reporting Initiative (GRI) and the IFRS Foundation have unveiled a collaborative effort that marks a milestone in corporate environmental accountability. The newly published “Interoperability considerations for GHG emissions when applying GRI Standards and ISSB Standards” offers a comprehensive guide for…

In a significant move towards a greener financial system, the European Securities and Markets Authority (ESMA) has unveiled its Sustainable Finance Roadmap for 2022-2024. This strategic document outlines ESMA’s vision and priorities in integrating sustainability considerations into the financial sector, marking a pivotal step in the European Union’s commitment to…

In an era where corporate responsibility is increasingly under the microscope, a landmark agreement has been reached between the Council and the European Parliament. This agreement, focusing on corporate sustainability due diligence, marks a significant step in ensuring that large companies are held accountable for their impact on both human…

The European Securities and Markets Authority (ESMA) recently responded to the International Auditing and Assurance Standards Board’s (IAASB) proposed International Standard on Sustainability Assurance (ISSA) 5000. This response is pivotal in shaping the future of sustainability assurance practices. ESMA’s Position ESMA’s feedback on the proposed ISSA 5000 standard reflects its…

The United Arab Emirates (UAE) marked a triumphant conclusion to its participation in the 54th session of the World Economic Forum (WEF) in Davos, which took place from January 15-19, 2024. This prestigious event, a convergence of global leaders and decision-makers, served as a platform for the UAE to reinforce…