The Global Reporting Initiative (GRI) has launched two new climate-focused standards—GRI 102: Climate Change and GRI 103: Energy—to help organizations report their environmental impacts more effectively. These standards aim to streamline disclosures, align with global frameworks, and drive real-world climate action.

The European Securities and Markets Authority (ESMA) has released draft technical standards to regulate ESG rating providers under a new EU regulation. These rules aim to bring greater consistency, transparency, and accountability to a rapidly growing industry that influences trillions in investment decisions.

The European Commission's Omnibus Proposal aims to simplify sustainability regulations, potentially saving billions and boosting investment. This initiative could significantly impact businesses and the EU's sustainability goals.