The directive postpones key obligations under the CSRD and CSDDD to enhance legal certainty and competitiveness for EU businesses. Τhe Council of the European Union gave its final approval to the Stop-the-clock directive, a legislative measure aimed at simplifying EU sustainability rules. This directive postpones the application dates of certain corporate

In the wake of the significant discussions and resolutions at COP28, the global environmental and policy-making communities now pivot their focus to the next major event in the climate change dialogue: the United Nations Climate Change Conference, COP29, scheduled for November 11 to 24, 2024. This crucial gathering will take

FRAG has officially launched the Voluntary Sustainability Reporting Standard (VSME) for non-listed micro, small, and medium-sized enterprises (SMEs). Developed at the request of the European Commission, the VSME simplifies sustainability reporting, helping SMEs align with environmental goals and access green financing opportunities. What is the Voluntary Sustainability Reporting Standard -VSME? The

The EU deforestation law has undergone a pivotal change, with the Council of the European Union formally adopting a one-year postponement for its implementation. This adjustment aims to give countries, operators, and traders the time necessary to ensure compliance with stringent due diligence requirements. The regulation, initially set to apply

The Hong Kong Government has launched a Roadmap on Sustainability Disclosure to align the region with international standards and bolster its role as a leader in green and sustainable finance. Announced on December 10, the initiative mandates publicly accountable entities (PAEs) to adopt the International Financial Reporting Standards – Sustainability Disclosure