ACCA Calls on EU to Reform Green Finance Rules Amid Compliance Concerns
Global accountancy body ACCA urges EU to ease sustainable finance rules to boost investment and cut compliance burden on firms.
EU Strikes Deal on Tougher Penalties for Unsustainable Foreign Fishing
EU tightens rules to penalize third countries over harmful fishing, aiming to protect stocks and support fair competition.
EU Approves New CO2 Rules Giving Carmakers Flexibility Through 2027
EU grants carmakers flexibility by allowing CO2 targets to be averaged over three years instead of annually.
SC Strikes Down Policy Allowing Retrospective Environmental Clearances
The Supreme Court outlaws retrospective environmental clearances, calling them illegal and harmful to public health.
EU Regulator Proposes New Rules to Boost ESG Rating Transparency
ESMA consults on new EU rules aimed at improving transparency, reliability, and oversight of ESG rating activities.
Doctors’ Group Seeks Supreme Court Action Against ‘Inhumane’ Work Hours
The petition urges enforcement of a 1992 directive limiting doctors’ working hours to no more than 12 hours per day.
SEBI Proposes Measures to Facilitate Ease of Business for ESG Rating Providers
The consultation paper reflects SEBI’s commitment to enhancing the operational landscape for ESG rating providers in India.
China Retaliates with Trade Probe After EU Scrutinizes Solar, Wind Power
China’s probe will examine wind turbines, photovoltaic cells (used in solar panels), security equipment, and other products and will conclude by January 10th, 2025, with a possible extension to April.
Most Companies Unprepared for Upcoming Climate Reporting Rules; Accenture Survey
The findings highlight a disconnect between the rising focus on ESG issues and the ability of companies to report and manage them effectively.
BIS Ups Safety Standards for Electric Vehicles in India
E-rickshaws and e-karts are gaining traction nationwide, prompting BIS to establish specific safety standards for these popular vehicles as well.