Information Notes

EU – Renewable Energy and Aviation Regulation

The European Council announced on October 9, 2023, that it had adopted two significant legislations, marking an important step. The first directive among the adopted legislations aims to nearly double the share of renewable energy consumption in the European Union

EU – Green Claims

On September 19, 2023, the legislative bodies of the European Union (EU) Parliament and the EU Council announced a provisional agreement on new rules aimed at protecting consumers from misleading sustainability claims and greenwashing practices.

This proposal intends to amend the

2023-11-03T09:03:12+03:003 November 2023|Uncategorized|

EFRAG – ESRS DRAFT GUIDE

The European Financial Reporting Advisory Group (EFRAG) released the final version of the European Sustainability Reporting Standards (ESRS) on November 15, 2022, which sets out the rules and requirements for reporting on sustainability impacts, opportunities, and risks under the Corporate

2023-11-03T09:02:03+03:003 November 2023|Uncategorized|

California Climate Disclosure Bills

On October 7, 2023, California Governor Gavin Newsom signed two new climate disclosure bills that require large companies to disclose their value chain emissions and report climate-related financial risks. The accepted laws will mandate large companies to disclose their value

2023-11-03T08:59:53+03:003 November 2023|Uncategorized|

BRAZIL MANDATORY SUSTAINABILITY REPORTING

According to a recent announcement from the Brazilian Securities and Exchange Commission (CVM) and the Ministry of Finance, publicly traded companies in Brazil will be required to make annual sustainability and climate-related disclosures starting from 2026.

According to CVM, the new

2023-11-03T08:57:48+03:003 November 2023|Uncategorized|
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