ESG Book

Major policy shifts in recent weeks have significantly reshaped the outlook for sustainability regulations across global markets. The European Commission's recently announced #Omnibus Package proposes sweeping legislative changes to simplify #sustainability reporting, ease compliance burdens, and refine due diligence requirements. Meanwhile, in the U.S., the suspension of enforcement of the Foreign Corrupt Practices Act (#FCPA) - a law prohibiting bribery of foreign public officials - raises concerns about its potential impact on international anti-corruption efforts. In this edition of the Policy Digest, we explore these developments and more as the global #reporting landscape continues to evolve at pace. Read more: https://lnkd.in/dB_mnkD6 #PolicyDigest #Regulation #Newsletter

Each week, we bring you the top #ESG and #climate stories – keeping you informed on the latest developments shaping the world of sustainable finance. Here are the #headlines we’ve been following this week: ✳️ EU Omnibus: EU Finance Ministers Back Proposal, Parliament Heavily Divided – Responsible Investor https://lnkd.in/e_QQij7d ✳️ Banks’ Climate Alliance Calls vote to Ditch Pledge on Limiting Warming to 1.5C – Financial Times https://lnkd.in/dwVQYWG7 ✳️ FCA, PRA Drop Plans for New Diversity and Inclusion Rules – ESG Today https://lnkd.in/eFuxjd3U ✳️ US Resistance to CSDDD Grows with New Senate Bill – Sustainable Views https://lnkd.in/ebHKgcbF ✳️ Has Trump provided a Windfall to ESG Data Vendors? – FT Adviser https://lnkd.in/enr_58kj #Omnibus #CSDDD #ClimateNews

Each week, we bring you the top #ESG and #climate stories – keeping you informed on the latest developments shaping the world of sustainable finance. Here are the #headlines we’ve been following this week: ✳️ Japan Releases Inaugural IFRS-Aligned Sustainability Reporting Standards – ESG Today https://lnkd.in/dUcJGRGn ✳️ US pulls out of flagship $45bn global climate finance coalition – Financial Times https://lnkd.in/ezeVmYHA ✳️ US Firm That Commissioned Fearless Girl Statue Quietly Ends Diversity Policies – The Guardian https://lnkd.in/eDWHni8A ✳️ Over 40% of Senior Executives Prioritizing ESG in Career Decisions: Survey – ESG Today https://lnkd.in/enXtfxU5 ✳️ Global Sea Ice Cover at a Record Low and Third-warmest February Globally – Copernicus ECMWF https://lnkd.in/eSRSewXM #WeekInESG #SustainabilityNews #ClimateNews

𝗪𝗲𝗯𝗶𝗻𝗮𝗿 - 𝗧𝗵𝗲 𝗘𝗨'𝘀 𝗢𝗺𝗻𝗶𝗯𝘂𝘀 𝗣𝗿𝗼𝗽𝗼𝘀𝗮𝗹: 𝗦𝗶𝗺𝗽𝗹𝗲𝗿 𝗥𝘂𝗹𝗲𝘀 𝗼𝗿 𝗮 𝗖𝗼𝘀𝘁𝗹𝘆 𝗦𝗲𝘁𝗯𝗮𝗰𝗸? 🗓️ Date: Wednesday, 5th March 2025 🕒 Time: 3pm GMT / 4pm CET There’s still time to register for our webinar exploring the key legislative changes of the European Commission’s #Omnibus package. Join ESG Book’s Inna Amesheva, PhD, Sophie Robinson-Tillett, editor of Real Economy Progress, and Hannah Cool, COO of B4NZ, as they discuss the implications of the Omnibus for companies and financial markets. In the webinar, we will unpack key legislative changes including: #CSRD revisions – Narrowing reporting to large companies (1,000+ employees) #CSDDD timeline shifts – What this means for supply chain due diligence #CBAM exemptions – Relief for small importers #Taxonomy simplifications – 70% fewer data points and voluntary reporting for mid-sized firms Don’t miss this essential discussion - Register Now! https://lnkd.in/eFfhMCWy

𝗪𝗲𝗯𝗶𝗻𝗮𝗿 - 𝗧𝗵𝗲 𝗘𝗨'𝘀 𝗢𝗺𝗻𝗶𝗯𝘂𝘀 𝗣𝗿𝗼𝗽𝗼𝘀𝗮𝗹: 𝗦𝗶𝗺𝗽𝗹𝗲𝗿 𝗥𝘂𝗹𝗲𝘀 𝗼𝗿 𝗮 𝗖𝗼𝘀𝘁𝗹𝘆 𝗦𝗲𝘁𝗯𝗮𝗰𝗸? 🗓️ Date: Wednesday, 5th March 2025 🕒 Time: 3pm GMT / 4pm CET The European Commission’s #Omnibus package aims to streamline sustainability reporting and due diligence requirements, easing compliance burdens for businesses. But what are the wider implications for companies and financial markets? In this live #webinar hosted by Inna Amesheva, PhD, ESG Book’s Head of ESG Regulation, we will unpack the key legislative changes, including: #CSRD revisions – Narrowing reporting to large companies (1,000+ employees) #CSDDD timeline shifts – What this means for supply chain due diligence #CBAM exemptions – Relief for small importers #Taxonomy simplifications – 70% fewer data points and voluntary reporting for mid-sized firms The Omnibus package promises over €6 billion in administrative relief, but regulatory uncertainty persists - especially for businesses already deep into reporting preparations. Is this a strategic boost to EU competitiveness or a costly setback? Join us as we discuss the latest developments, assess the Omnibus package's real-world impact on companies and financial markets, and explore next steps. Don’t miss this essential discussion - Register Now! https://lnkd.in/eFfhMCWy #EUOmnibus #OnlineEvent #Register

Each week, we bring you the top #ESG and #climate stories – keeping you informed on the latest developments shaping the world of sustainability. Here are the #headlines we’ve been following this week: ✳️ EU Omnibus: Commission Slashes CSRD, CSDDD, EU Taxonomy Reporting Requirements – Responsible Investor https://lnkd.in/eBjC9nm7 ✳️ What's Inside the EU's 'Simplification Omnibus' on Sustainability Rules – Reuters https://lnkd.in/dgQY868K ✳️ Top UK Pension Fund Pulls £28bn from State Street over ESG Retreat – Financial Times https://lnkd.in/dNek7a5F ✳️ BBVA Raises Sustainable Finance Goal to More than $700 Billion by 2029 – ESG Today https://lnkd.in/dMAqBvQi ✳️ Apple Shareholders Overwhelmingly Reject Proposal to End DEI Programs – ESG News https://lnkd.in/eUaMQpZM #WeekInESG #Omnibus #Sustainability

The European Commission’s #Omnibus package aims to streamline sustainability reporting and due diligence requirements, easing compliance burdens for businesses. Key measures include narrowing #CSRD reporting to large companies (1,000+ employees), postponing #CSDDD deadlines, and exempting small importers from #CBAM obligations. The EU #Taxonomy Regulation will also be simplified, cutting data points by 70% and allowing voluntary reporting for mid-sized companies. However, as these proposals now come under review, questions of regulatory uncertainty remain, particularly for businesses that have already begun the reporting preparation process. In this data visual, we look at the implications of the Omnibus package for reporting requirements and deadlines in the years ahead. Learn more in our Quick Take: https://lnkd.in/eENefN6a #EUOmnibus #Reporting #Infographic Inna Amesheva, Nehmat Singh, Aishwarya Shukla, Molly Porter

🇪🇺 𝗘𝗨 𝗢𝗺𝗻𝗶𝗯𝘂𝘀 𝗣𝗿𝗼𝗽𝗼𝘀𝗮𝗹 – 𝗤𝘂𝗶𝗰𝗸 𝗧𝗮𝗸𝗲 As part of its Omnibus I package, the European Commission today proposed sweeping legislative changes to simplify sustainability reporting and due diligence rules, reducing burdens on businesses, particularly SMEs. Key measures include: ➡️ Narrowing CSRD reporting to large companies (1,000+ employees) ➡️ Postponing CSDDD deadlines ➡️ Exempting small importers from CBAM obligations ➡️ Cutting EU Taxonomy data points by 70% and allowing voluntary reporting for mid-sized companies While the #Omnibus package proposal aims to deliver over €6 billion in administrative relief, questions of regulatory uncertainty remain, particularly for businesses that have already begun the reporting preparation process, which would incur significant sunk costs if all the proposed measures are adopted. Learn more in this Omnibus Quick Take by ESG Book's Inna Amesheva, PhD: https://lnkd.in/eENefN6a #EUOmnibus #Sustainability #Reporting

#Omnibus Week: Key Policy Shifts With recent policy draft leaks, stakeholders face growing uncertainty - especially regarding sunk costs for sustainability compliance measures that may now be scrapped. Learn more about what the future holds for the #Taxonomy, #CSRD, and #CSDDD in this Forbes article by Jon McGowan, featuring ESG Book’s Inna Amesheva, PhD: https://lnkd.in/eHx9sCs3 #EUOmnibus #SustainabilityReporting #Regulation

𝗣𝗼𝗹𝗶𝗰𝘆 𝗗𝗶𝗴𝗲𝘀𝘁: 𝗚𝗹𝗼𝗯𝗮𝗹 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗶𝗼𝗻 𝗨𝗽𝗱𝗮𝘁𝗲 Despite claims of an #ESG slowdown, global policy developments tell a different story. ✅ The IFRS Foundation has reaffirmed a “climate-first” approach to sustainability reporting, supporting broader coverage under #ISSB standards. Meanwhile, the FSB is evaluating standardised climate risk metrics for the financial system. ✅ In the EU, debates over the complexity of #SFDR, #CSRD, #CSDDD, and the EU #Taxonomy continue. The #Omnibus Package may either dilute the CSRD or enhance framework interoperability. ✅ EFRAG has opened a consultation on ESRS applicability for non-EU groups, while the European Banking Authority (EBA) has issued ESG risk guidelines effective 2026. ✅ In the US, 24 states remain committed to the Paris Agreement, despite federal opposition. New York has joined California in mandating corporate climate disclosures. ✅ In the Middle East, Jordan has integrated sustainability reporting into listing requirements. Across Asia-Pacific, ISSB adoption is accelerating, with Australia, Pakistan, and Indonesia aligning their reporting standards. ✅ Meanwhile, China’s Shanghai Stock Exchange has introduced new ESG reporting guidelines. Despite challenges, sustainability reporting remains essential. Stay tuned with ESG Book for updates on the EU Omnibus Proposal and ISSB adoption. Read the Policy Digest: https://lnkd.in/ekUP9rua #PolicyDigest #Newsletter #Sustainability