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
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
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
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
EU Corporate Sustainability Due Diligence and Proposed Directive regarding the Amendment to the Directive Numbered 2019/1937 (the “Proposal“) has been published on 23.02.2022 Within the scope of the long-awaited Proposal, companies shall pay required attention to
In today’s economic order, companies are subject to certain financial obligations through carbon pricing mechanisms based on the carbon dioxide emissions they cause. As this