Sustainability and ESG News
California’s ESG Revolution: What SB 253 and SB 261 Mean for Corporate Climate Accountability
California is setting a new national benchmark for corporate climate transparency with the rollout of SB 253 and SB 261. These laws will require thousands of companies doing business in the state to disclose their greenhouse gas emissions and climate-related financial risks—ushering in a new era of ESG accountability.
How European Businesses will be Affected by ESG Regulations in 2025
In 2025, European ESG regulations are undergoing a major transformation aimed at simplifying compliance while preserving sustainability goals. The new Omnibus Simplification Package brings relief to SMEs and shifts focus toward impactful environmental and social initiatives.
Siemens Sets Sustainability Benchmark with EcoVadis Platinum Rating
Siemens has raised the bar for corporate sustainability, earning the Platinum medal and its highest-ever score of 85 points in the 2025 EcoVadis Sustainability Rating. This places Siemens in the top 1% of over 130,000 companies assessed globally, underscoring its leadership in environmental, ethical, labor, and procurement practices.
EU Sets Ambitious 2030 Goals with New Circular Economy Act
The European Union is gearing up to double its circularity rate by 2030 through the newly proposed Circular Economy Act. With a strong focus on e-waste and secondary raw materials, the Act aims to reshape the EU’s industrial landscape into a more sustainable and resilient system.
EU Parliament Pushes Back on EUDR Deforestation Risk Ratings
The European Parliament rejected the Commission’s country-risk classification system under the EU Deforestation Regulation. Lawmakers say the current approach relies on outdated data, lacks transparency, and fails to reflect actual deforestation risks.
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.
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.
New EU ESG Rules: What Companies and Investors Need to Know
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.
Simplifying Sustainability: The EU Omnibus Proposal
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.