The European Union's Corporate Sustainability Reporting Directive (CSRD) is set to revolutionize ESG reporting for companies operating within the EU, including US companies with significant EU operations. This directive mandates comprehensive sustainability disclosures, aiming to enhance transparency and drive sustainable business practices. In their recent insights, PwC provides companies with recommendations for understanding this directive.

Canada is taking a bold step towards sustainability by introducing mandatory climate disclosure requirements for large companies. This move aims to enhance transparency and drive the country's transition to a low-carbon economy.

Australia has taken a significant step towards climate accountability with the Senate passing a new mandatory climate disclosure law. This legislation aims to enhance transparency and drive corporate responsibility in addressing climate change.

Brazil's Securities and Exchange Commission (CVM) and Ministry of Finance recently declared that public companies in Brazil will be mandated to report on sustainability and climate-related disclosures starting in 2026. The CVM stated that the new reporting requirements will align with the latest standards released by the International Sustainability Standards Board (ISSB) and will follow a phased approach, commencing with voluntary reporting in 2024.