Standards

Proposed amendments to standards and reporting reliefs ‘beyond’ the ISSB risk reducing alignment between frameworks.

Consultation will conclude end-September, with standards due to be finalised by EU standards body by end-November.

Our EU regulation reporter reflects the view from Brussels as the bloc gears up for a busy autumn of negotiations on corporate sustainability reporting and due diligence laws.

The latest developments in sustainable finance: Tesla announces 2025 AGM date; NYCERS doubles interim climate investments target.

Working draft would see EU standards body remove all voluntary datapoints, cut number of mandatory datapoints by more than 50%.

In other EU news, Commission makes U-turn on Green Claims Directive withdrawal; ESMA issues ESG credentials guidance.

The latest developments in sustainable finance: European Commission weighs in on defence firms in Article 9 funds; strong backing for living wage proposals at UK retailers.

EU Omnibus developments flagged as UK policymakers launch long-awaited consultations on standards and mandatory transition plans.

Some US firms call for EU to focus on financial materiality amid the revision of the rules.

Standards body will also review issues reported under SFDR and suggest modifications ‘where necessary’.