EU Moves to Simplify Carbon Border Tax for Small Importers
The European Parliament has approved changes to the EU’s Carbon Border Adjustment Mechanism (CBAM), significantly easing compliance for smaller importers while preserving its core climate objectives. The updated rules, introduced as part of the European Commission’s 2025 Omnibus I package, set a 50-tonne emissions threshold that cuts smaller importers—mostly small and medium-sized businesses—out of the regulation.
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WTTC and Greenview Launch Global ESG Policy Tracker for Travel & Tourism
The World Travel & Tourism Council (WTTC) and Greenview have launched a Global ESG Policy Tracker that enables Travel & Tourism businesses to stay ahead of rapidly evolving ESG-related regulation and policy around the world.
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PepsiCo Pushes Back Climate, Packaging Goals Due to “External Realities”
Food and beverage giant PepsiCo announced a series of updates to its key sustainability goals in areas across climate, packaging, agriculture and water, including pushing back its 2040 target to achieve net zero greenhouse gas emissions across the value chain by ten years to 2050.
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