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69% of companies under CSRD already have a climate transformation plan, but...
EFRAG has published its second “State of Play” report — an analysis of how companies actually report according to the European ESRS standards. It is based on 905 verified reports …
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EU wants to save 260 billion euros per year thanks to higher electrification
The European Commission presented an Action Plan for electrification together with a revision of the ETS. The main ambition is to double the share of electricity in final energy consumption …
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China has released its five-year plan for renewable energy
1. New five-year plan for renewable energy. Key targets by 2030:...
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California narrowed Scope 3 from 15 categories to 5.
California's CARB presented a proposal on how to roll out mandatory reporting of Scope 3 emissions under SB 253. Instead of all 15 GHG Protocol categories, reporting will start with …
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Korea introduces mandatory ESG reporting
The Korean Financial Services Commission (FSC) released the final roadmap for mandatory ESG reporting. Compared to the original proposal, it significantly expanded the scope of companies it will cover. The …
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Two bad harvests and the coffee market is being reshaped
Financial Times writes about an interesting shift among consumers with the rising price of coffee. According to the Italian Lavazza, the higher coffee price is pushing customers away from portioned …
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Brake and accelerator at the same time: what the new EU ETS revision means
The European Commission has published the long‑awaited revision of the Emissions Trading System (EU ETS). It slows down the pace of decarbonisation for industry — but at the same time …
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The Commission has initiated proceedings against all 27 states regarding the energy performance of buildings.
The European Commission on 15 July sent a formal notice to all 27 member states for the failure to transpose the revised Energy Performance of Buildings Directive (EPBD, Directive (EU) …
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EUDR: The Commission has revised the product list. Five months remain until it comes into force.
The European Commission on July 13 adopted two acts concerning the Deforestation Regulation (EUDR) — a delegated act amending the list of affected products and an implementing act for the …
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EU changes its tone towards cattle breeding. Good news for Czech breeders and consumers?
The European Union has published a new strategy for animal production, which many observers read as a fundamental shift. After a decade in which breeding was primarily seen as a …
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JBS cancels net zero for the entire chain. It leaves behind 97% of its carbon footprint.
The world's largest meat producer, Brazil's JBS, withdrew its net‑zero commitment across the value chain to 2040. The new targets do not include Scope 3 — which is precisely the …
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The Commission approved the final revised ESRS. 60% fewer mandatory data points — and 90% fewer companies within the scope of CSRD.
The European Commission on July 3 adopted the final revised European sustainability reporting standards (ESRS) and a voluntary standard for smaller companies. It is apparently the last major step simplifying …
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