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ESG (Environmental, Social, and Governance) news

Sustainable tax Türkiye: Tax instruments on the path to sustainability

With the tax instruments gradually introduced over the years to promote sustainability, Türkiye aims to move closer to global climate targets and align with EU regulations such as the Carbon Border Adjustment Mechanism (CBAM). The concept of sustainability is no longer limited to environmental policies; it has become central to tax policy as well. Sustainable […]

EU Omnibus Package: EU Commission plans changes to sustainability reporting

On 26 February 2025, the European Commission published significant proposals to simplify sustainability reporting. These adjustments primarily affect the Corporate Sustainability Reporting Directive (CSRD) and Article 8 of the Taxonomy Regulation. The aim is to reduce reporting obligations for companies and streamline processes.

EU Omnibus Package: Significant Rollback of Corporate Sustainability Reporting Rules

The European Commission has announced its first EU Omnibus package to significantly reduce sustainability reporting requirements under the Corporate Sustainability Reporting Directive (CSRD) and other key ESG regulations. The proposal aims to streamline compliance, cutting annual administrative costs by an estimated €6.4 billion.

ESG reporting Greece: Stricter requirements under the new law

Greece is tightening the requirements for corporate sustainability reporting. In future, the obligation will also apply to small and medium-sized companies and companies from third countries listed in Greece. The Ecovis experts explain the future regulations for ESG reporting.

Ecovis Newsletter ESG 02-2025

Ecovis is ready to support you in all areas related to ESG and consulting. Click here to send us an email and start assessing your readiness for your ESG journey. ESMA Emphasises Climate Reisks and ESG Investing The European Securities and Markets Authority (ESMA) shone a spotlight on climate-related risks and ESG investing at its […]

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ESG responsibilities: Hague Court of Appeal rejects claim for CO₂ reduction by Shell

European companies are not only faced with more and more ESG (Environmental, Social und Governance) regulations, but also court rulings on cases related to ESG-related topics, as a ruling by the Hague Court of Appeal shows. Board members and supervisory directors now should also be mindful that companies could be held accountable in court for their ESG responsibilities. The Ecovis experts explain what this means for companies.

New Whitepaper Release: How ESG is Shaping Business Sectors by Alexandra Pasareanu

We are pleased to announce the release of a comprehensive whitepaper by Alexandra Pasareanu, Director from ECOVIS Wingrave Yeats, London. Titled “How is ESG Impacting Your Business Sector?”, this whitepaper provides an in-depth analysis of the role Environmental, Social, and Governance (ESG) principles play across multiple sectors, including Financial Services, Retail, Technology, and Real Estate, […]

ESG related FAQs by EU, Nature Restoration Law and BAM Reporting

FAQs on the EU Corporate Sustainability Reporting Regulation The European Commission has published FAQs to help companies better understand and implement the EU’s corporate sustainability reporting rules. The document addresses common concerns such as scope, application dates and possible exemptions, with the aim of reducing the administrative burden on companies. It also clarifies situations where […]

EFRAG publishes paper on connectivity and reporting boundaries

The European Financial Reporting Advisory Group (EFRAG) has published a paper “Connectivity Considerations and Boundaries of Different Annual Report Sections” as part of its proactive research project on aligning financial and sustainability reporting. The paper introduces the concept of “connectivity”, which aims to link sustainability and financial reporting more effectively. It looks at how reporting […]

Italy implements legislative decree on corporate sustainability reporting

On September 10, Italy published Legislative Decree No. 125/2024, which implements the EU Corporate Sustainability Reporting Directive (CSRD). This new decree introduces comprehensive changes to corporate sustainability reporting, replacing previous regulations. Key updates include expanded reporting requirements, the integration of sustainability information into the annual management report, and a focus on a “dual materiality” approach […]

Ecovis Newsletter ESG / Summer 2024

In the last few months, the EU has made significant advancements in ESG (Environmental, Social, and Governance) regulations, particularly with the adoption of the European Sustainability Reporting Standards (ESRS) under the Corporate Sustainability Reporting Directive (CSRD). These standards will apply to a broad range of companies, including large EU companies, EU-listed small and medium-sized enterprises […]