Red On line (COM)

Sustainability Reporting Standards

EFRAG: Educational videos on Sustainability Reporting Standards for Small and Medium-Sized Enterprises and public consultation on the draft XBRL Taxonomy for ESRS Set 1

Educational videosOn 20th February 2024, the European Financial Reporting Advisory Group (EFRAG) published educational videos on the 2 exposure drafts on European Sustainability Reporting Standards (ESRS) for SMEs, which are…

  • ESG Newsletter
Read the article
political agreement

Political agreement reached on working conditions for platform workers

The Council and the European Parliament have reached an interim decision regarding the Directive on improving working conditions in platform work. The proposed Directive would establish requirements for classifying employment…

  • ESG Newsletter
Read the article
Green claims directive

Proposal for Green Claims Directive

In the future, traders would be required to comply with additional requirements to combat the greenwashing of products. Companies would be required to submit environmental marketing claims for verification before…

  • ESG Newsletter
Read the article
political agreement

Political agreement reached to delay adoption deadlines for sector-specific ESRS and ESRS for certain non-EU companies

The Council and the European Parliament have reached an interim decision on the European Union (EU) Commission’s proposal to delay the publication of sector-specific European Sustainability Reporting Standards (ESRS) and…

  • ESG Newsletter
Read the article
China sustaibility reporting

Focus: sustainability reporting in China, Taiwan and Hong Kong

In February 2023, China’s three major stock markets, the Shanghai Stock Exchange (SSE), Shenzhen Stock Exchange (SZSE), and Beijing Stock Exchange (BSE), announced the publication of new sustainability reporting guidelines…

  • ESG Newsletter
Read the article
Climate

Securities and Exchange Commission Adopted Climate-related Risk Disclosure Rules

On March 6, 2024 the Securities and Exchange Commission (SEC) adopted rules that recognize climate risk as financial risk. The final rule requires more consistent and comparable disclosure about the…

  • ESG Newsletter
Read the article
Workplace violence plan

California Senate Passes Bill on Workplace Violence Prevention Plans

On October 2, 2023, on the California Legislative website, the California Senate passed a bill relating to occupational safety. The bill amends Section 6401.7 of and adds Section 6401.9 to…

  • EHS Newsletter
  • EHS Newsletter
Read the article
EU market

Prohibition for products made with forced labour on the EU market proposed

On 26 January 2024, the Council adopted its position on the proposed Regulation on prohibiting products made with forced labour on the European Union (EU) market and has a mandate…

  • ESG Newsletter
Read the article
GHG emission

Additional GRI Standards and Mapping Resource for GHG Emissions Reporting

As of January 2024, companies can consult the revised GRI 101 Biodiversity Standard and the new GRI 14: Mining Sector 2024. Furthermore, companies can access the new mapping resource for…

  • ESG Newsletter
Read the article
ESRS efrag

EFRAG prepares Q&A Explanations and upcoming workshops for draft sector classification for ESRS

On 5 February 2024, the European Financial Reporting Advisory Group (EFRAG) published the first set of 12 Explanations to questions submitted via the EFRAG ESRS Q&A Platform. Furthermore, EFRAG announced…

  • ESG Newsletter
Read the article