Policy & Regulation

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UN Global Compact Launches Central Asia Network to Accelerate SDG-Aligned Business Growth

UN Global Compact Launches Central Asia Network to Accelerate SDG-Aligned Business Growth

Key Impact Points: UN Launches Regional Hub to Drive Private-Sector Sustainability The UN Global Compact has officially launched its Country Network for Central Asia, a new regional hub based in Kazakhstan that will serve five countries — Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan, and Turkmenistan. This milestone aims to integrate over 140

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EU Commission Withdraws Greenwashing Law Proposal, Raising Concerns Over Green Deal Commitment

EU Commission Withdraws Greenwashing Law Proposal, Raising Concerns Over Green Deal Commitment

Key Impact Points: Commission Pulls Plug on Greenwashing Proposal The European Commission has announced it plans to withdraw its proposed Green Claims Directive, a central piece of its Green Deal strategy designed to curb greenwashing in corporate marketing. The legislation aimed to ensure companies’ environmental claims were “accurate, substantiated and

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UK Proposes Major Expansion of Bottom Trawling Ban to Safeguard Marine Protected Areas

UK Proposes Major Expansion of Bottom Trawling Ban to Safeguard Marine Protected Areas

Key Impact Points: Government Moves to Curb Destructive Fishing Practices The UK government has proposed new measures to ban bottom trawling—a fishing method that drags heavy nets along the seabed—in 41 Marine Protected Areas (MPAs), covering approximately 30,000 square kilometers of English waters. The initiative is designed to protect fragile

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KPMG: California Confirms 2026 Start for Climate Disclosure Laws Despite Regulatory Delays

Key Impact Points: California Sticks to 2026 Climate Disclosure Timeline California’s sweeping climate laws will go into effect as planned in 2026, with no delays to reporting requirements despite the California Air Resources Board (CARB) falling behind on regulatory development. KPMG’s June 2025 update confirms that reporting under SB-253 (GHG

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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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Weinreb Group Launches CSO Hub to Support Sustainability Leaders Amid Rising Regulatory and Political Pressures

Weinreb Group Launches CSO Hub to Support Sustainability Leaders Amid Rising Regulatory and Political Pressures

Key Impact Points: A New Resource for CSOs The Weinreb Group has launched the CSO Hub, a new centralized platform for Chief Sustainability Officers, curating cutting-edge insights, research, and strategic guidance tailored to current and aspiring sustainability leaders. “The CSO Hub is your one-stop shop for expert advice and the

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EU Ombudsman Queries Commission’s Sustainability U-Turn

EU Ombudswoman Slams Commission’s Sustainability U-Turn

Key Impact Points What’s under scrutiny The EU Ombudswoman Teresa Anjinho opened an inquiry on 21 May 2025 into how the European Commission drafted its Omnibus I simplification package. That package proposes to limit the Corporate Sustainability Reporting Directive to companies with over 1,000 employees and €50 million turnover and

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