The European Securities and Markets Authority (ESMA), the European Union’s markets regulator, announced on May 14, 2024, the publication of its final guidelines (the “Guidelines”) on the use of ESG and sustainability-related terms in investment fund names.
The Guidelines include required
The Government of Canada has announced the launch of a new Federal Plastics Registry, requiring plastic manufacturers to report the quantity and type of plastic they place on the Canadian market and track its life cycle from production to end-of-life
The Net-Zero Industry Act (NZIA), aimed at supporting the production of key technologies necessary for Europe to achieve its climate and energy goals, has been approved. Initially proposed by the European Commission in March 2023, the NZIA was approved by
On April 30, 2024, the European Commission announced the launch of an action plan against 20 airline companies, in cooperation with the European Union (EU) consumer authorities, due to deceptive greenwashing practices. This action plan focuses on additional charges passed
The International Sustainability Standards Board (ISSB), operating under the International Financial Reporting Standards (IFRS), recently took a significant step in sustainability reporting by announcing the IFRS Sustainability Disclosure Taxonomy (“ISSB Taxonomy”). This digital tool is poised to fundamentally change how
On April 25, 2024, the UK government announced that it had approved a target mandating at least 10% sustainable aviation fuel (SAF) in jet fuel blends by 2030. Sustainable aviation fuel, typically produced from renewable sources like waste oils and