ESMA Calls on Companies to Get Data Systems in Place to Meet New CSRD Sustainability Reporting Requirements
EU markets regulator the European Securities and Markets Authority (ESMA) announced the issuance of a Public Statement on the first application of the European Sustainability Reporting Standards (ESRS), aimed at helping companies prepare for new sustainability reporting and supervisory requirements under the EU’s Corporate Sustainability Reporting Directive (CSRD), with the first reports set to begin next year. Read more
LEADING CLIMATE VERIFIER FACES BACKLASH OVER CARBON CREDIT CONTROVERSY
The Science Based Targets initiative (SBTi) is facing significant reputational challenges after a contentious decision in April to advocate for increased use of carbon credits to offset greenhouse gas emissions. This move, perceived by some as a sudden policy shift not aligned with established procedures, has sparked widespread criticism and concerns about greenwashing. Read more
