Policy & Regulation

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Green Claims Directive in Limbo as EU Commission Denies Withdrawal

Green Claims Directive in Limbo as EU Commission Denies Withdrawal

Key Impact Points: Von der Leyen’s Support for Anti-Greenwashing Law Reaffirmed European Commission President Ursula von der Leyen never intended to kill the proposed Green Claims Directive, a Commission official said Tuesday, reversing previous comments from the EU executive just days earlier. “The president’s support for the Green Claims has

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GRI Launches Climate and Energy Standards to Align Corporate Reporting with Global Climate Goals

GRI Launches Climate and Energy Standards to Align Corporate Reporting with Global Climate Goals

Key Impact Points: GRI Introduces Climate Change and Energy Standards to Drive Action The Global Reporting Initiative (GRI) has released its Climate Change and Energy Standards—GRI 102 and GRI 103—to enhance corporate accountability on climate impacts and provide globally aligned, decision-useful disclosure tools. Announced during London Climate Action Week, the

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Basel Committee Unveils Voluntary Climate Risk Disclosure Framework for Banks

Basel Committee Unveils Voluntary Climate Risk Disclosure Framework for Banks

Key Impact Points: Basel Committee Publishes Voluntary Climate Disclosure Framework The Basel Committee on Banking Supervision has released a voluntary framework for disclosing climate-related financial risks, allowing individual jurisdictions to decide whether and how to implement it domestically. Built-in Flexibility for Evolving Data Recognizing the rapid evolution of climate-related data,

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