Sustainability and ESG News
De-Risking the Energy Transition in Europe: PwC’s Insights
PwC's latest report delves into the challenges and strategies for de-risking the energy transition in Europe, highlighting the importance of sustainable practices and regulatory frameworks.
Steering Sustainability Reporting: A Guide for European Boards from EY
A recent insight from EY outlines how European boards are navigating a monumental shift in corporate reporting due to the Corporate Sustainability Reporting Directive (CSRD). This directive offers a unique opportunity to align corporate strategy with sustainability goals, driving long-term value creation.
European Commission to Regulate ESG Rating Providers
Today, in an effort to further enhance sustainability practices the European Commission has proposed a new regulation that seeks to foster greater transparency and regulatory scrutiny in the Environmental, Social, and Governance (ESG) ratings industry. This development marks a crucial step in ensuring accurate and reliable ESG information for investors, companies, and stakeholders. The proposed regulation aims to address concerns surrounding the quality and reliability of ESG ratings, which play a pivotal role in guiding investment decisions and corporate sustainability strategies. By subjecting ESG ratings providers to greater regulatory scrutiny, the European Commission hopes to establish a robust framework that instills credibility, accountability, and transparency in the industry.
EU Lawmakers Approve Deal to Ban Combustion-Engine Cars by 2035
On Tuesday this week, the European Parliament formally approved a new law that will effectively ban the sale of new combustion engine cars in the European Unition as of 2035. This new law has been approved in hopes to combat climate change and accelerate the shift from petrol and diesel cars to electric.
New CDP Report with Oliver Wyman says G7 Countries won’t meet 1.5ºC Goal
Recently, The CDP published a new report after partnering with Oliver Wyman, that outlines that the G7 countries that have agreed to the Paris Agreement will not reach the Paris Agreements 1.5 degrees Celsius above pre-industrial levels goal. Instead, these countries are poised to only mitigate global temperature increase to 2.7 degrees, missing the goal by over 1 degree, which could have catastrophic impacts.
A new Deloitte Report Outlines the cost of Climate Inaction
A new Deloitte Report Outlines the cost of Climate Inaction