ESG

The Belgian Competition Authority (BCA) has published new guidelines aimed at helping companies pursue sustainability objectives through collaborative initiatives without running afoul of competition law. The guidance provides businesses with a framework for assessing whether sustainability-related cooperation agreements comply with competition rules and outlines circumstances under which certain arrangements may qualify for exemptions.

The European Commission has begun infringement proceedings against 20 Member States that failed to fully implement one of the European Union's most closely watched consumer protection laws, moving the bloc's campaign against greenwashing from legislation into enforcement.

The Securities and Exchange Commission (SEC) just proposed rescinding the climate-related disclosure requirements it adopted in March 2024, a rule package that had consumed years of debate, generated fierce opposition from business groups and Republican lawmakers, and become one of the defining regulatory initiatives of former SEC Chair Gary Gensler's tenure.

ASIC has delivered its first substantive assessment of Australia's new mandatory climate reporting regime, telling companies that while the initial wave of disclosures has established a foundation for comparability, significant work remains before reporting practices reach a mature and consistent standard.

Buried inside the New Zealand Financial Markets Authority's latest review of New Zealand’s climate disclosure regime is a fairly direct message to companies that have gotten comfortable speaking in broad climate abstractions. The easy part was learning the vocabulary. The harder part is explaining, in plain terms, what actually gets damaged, where, and how badly.

There was a line in Chee Hong Tat’s speech that probably would have sounded strange to anyone expecting the usual polished climate conference choreography.

New Zealand’s Financial Markets Authority has released updated guidance aimed at giving issuers clearer direction on how to disclose and communicate financial products with sustainability-related characteristics.