EU Corporate Sustainability Reporting Legislation Adopted
The EU Council finally approved the Corporate Sustainability Reporting Directive (CSRD), marking the last major step in the expansion of corporate sustainability reporting in the EU as it will replace the NFRD. (Non -financial reporting directive). The CSRD will require disclosure under a common framework of European Sustainability Reporting Standards (ESRS) by EFRAG. Read more
DHL Publishes Sustainability-Linked Finance Framework Tying Cost of Debt to Climate Goals
DHL Group announced the introduction of a Sustainability-Linked Finance Framework, enabling the company to issue sustainability-linked bonds. The new framework would have coupon payments tied to the company’s performance against its emissions reduction goals, to reduce absolute Scopes 1 and 2 emissions Read more
ESG Team