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EU Pauses Sustainability Reporting: What the Two-Year Delay Means for Businesses

The European Union has officially delayed the implementation of enhanced sustainability reporting rules for large companies by two years. This move gives businesses more time to prepare for the Corporate Sustainability Reporting Directive (CSRD), but it also raises questions about the EU’s climate and transparency ambitions.

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Meet Sustaira: Ankit

Here at Sustaira, we get to know all of our employees very well and we want you to know them too! For every new team member, we ask them the following questions to learn about who they are and why sustainability matters to them. Today, we introduce Ankit Jain. Read Ankit’s interview and enjoy!

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The European Deforestation Regulation

The European Union is implementing new legislation ensuring products in the EU market are not linked to deforestation. While this law will not be effective until the end of 2025 due to an extension for the implementation process, it is important for operators to understand the ramifications of this regulation now and prepare accordingly. In response to global concerns about deforestation, the EU decided to take action and guarantee that products sold in the EU will not be associated with deforestation.

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UN Passes Climate Change Motion for the Phase Out of Fossil Fuels

A pivotal vote at the UN Human Rights Council has spotlighted global divisions over climate action, as countries debate whether to formally commit to phasing out fossil fuels. The outcome could redefine the pace and sincerity of international climate commitments made since COP28.

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ESMA Launches First Climate Transition Plan

The European Securities and Markets Authority (ESMA) has unveiled its first Climate Transition Plan, setting ambitious emissions reduction targets for 2027 and 2030. This move signals a strong internal alignment with the EU’s climate goals and sets a precedent for regulatory bodies across Europe.

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Forbes Insights: France vs. Ultra-Fast Fashion

France has taken a bold step to curb the environmental and social impacts of ultra-fast fashion by introducing new penalties and advertising restrictions. While not a total ban, this move signals a growing global appetite for regulating the fashion industry’s most aggressive players.

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EU Charts a Bold Course to 2040 with New Climate Target

The European Commission has proposed a new climate target: a 90% reduction in net greenhouse gas emissions by 2040, compared to 1990 levels. This ambitious move aims to solidify Europe’s leadership in clean energy, boost industrial innovation, and ensure a fair, resilient transition to climate neutrality by 2050.

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Capgemini Insights: How Businesses Can Adapt and Thrive in a Changing Climate

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.

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GRI Launches New Climate-Focused Reporting Standards

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.

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Harvard Law School Insights: Top 10 Corporate Sustainability Priorities for 2025

In 2025, corporate sustainability is evolving rapidly, shaped by shifting regulations, stakeholder expectations, and emerging global risks. From AI integration to biodiversity and water stewardship, companies are rethinking how ESG is embedded across their operations. A recent report from the Harvard Law School Forum on Corporate Governance highlights the top 10 corporate sustainability priorities for 2025.

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Sustaira and Ports of Jersey Establish The Blueprint For Ports and Transportation Authorities To Accelerate Decarbonization

Sustaira and Ports Of Jersey Establish The Blueprint For Ports and Transportation Authorities To Accelerate Decarbonization. Sustaira and Ports of Jersey Partner to Drive Sustainability Transformation with Advanced Carbon Accounting, KPI Tracking, and Sustainability Disclosures Solutions.

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EFRAG Targets 50% Cut in Reporting Requirements

The European Financial Reporting Advisory Group (EFRAG) is taking bold steps to simplify sustainability reporting by aiming to cut required datapoints in the European Sustainability Reporting Standards (ESRS) by over 50%. This move is part of a broader EU initiative to ease compliance burdens while maintaining the integrity of corporate sustainability disclosures.

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UN Global Compact’s CMO Blueprint Debuts at Cannes Lions

At Cannes Lions 2025, the UN Global Compact unveiled a bold new initiative: the CMO Blueprint for Sustainable Growth. This framework empowers Chief Marketing Officers to lead the charge in aligning brand strategy with sustainability and long-term impact.

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India Sets New Standards for ESG Bonds

India has introduced a comprehensive regulatory framework for social, sustainability, and sustainability-linked bonds (SLBs), aiming to boost transparency and accountability in ESG debt markets. The new rules, issued by SEBI, mark a significant step in aligning India’s financial instruments with global ESG standards.

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Spain Strengthens Climate Regulations with Royal Decree 214/2025

Spain’s Real Decreto (Royal Decree) 214/2025 is set to start on June 12, 2025, strengthening climate regulations through emissions tracking, reporting, and transparency. Carbon footprints and emission reduction plans will now be mandatory for large companies and public entities.

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