6th March 2024 News

How new reporting requirements are changing ESG data management

According to ESG Today, the European ESG Data Trends Survey 2024, which gathered insights from over 200 financial market participants in major European cities underscores the critical issues surrounding the coverage, quality, and volume of ESG data.63%, pinpointed the coverage and quality of reported ESG data as their principal concern. Especially , given the expectations that the Corporate Sustainable Reporting Directive (CSRD) will increase the volume and complexity of ESG data that firms must manage. Read more

EU sets targets to reduce packaging consumption

The EU Council and Parliament reached agreement to revamp rules to reduce, reuse and recycle packaging, including a ban on ‘forever chemicals'(per- and polyfluorinated alkyl substances or PFASs) in food contact packaging. . The agreement sets packaging reduction targets (5% by 2030, 10% by 2035 and 15% by 2040) and requires EU countries to reduce, in particular, the amount of plastic packaging waste. Read more

ESG Chronicle Team