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Regulations Hub

Guidance for navigating the increasing number and complexity of sustainability-related regulatory changes across the world

As regulations, policies and standards related to sustainability become more prevalent and important for businesses around the world, it becomes harder for organisations to effectively manage the compliance and strategic aspects of them.With increasing demand for consistent, comparable, and transparent information about climate and other environmental, social, and corporate governance (ESG) issues, driven by investor and stakeholder pressure, as well as regulatory action, many companies are now working to formalise and integrate their sustainability efforts into their business strategy, as well as improving communication and transparency around these efforts.

Click to explore our latest insights and guidance across regulations, policies & standards

Corporate Sustainability Reporting Directive – CSRD

The CSRD is a new law governing the requirements for sustainability reporting in the EU and is a significant step up from the existing and relatively limited EU sustainability reporting requirements. While EU-specific, this legislation has broad implications for companies across the globe and will have direct and indirect impacts on many organisations. Companies will be expected to comply with the Directive as soon as the 2024 fiscal year.

Sustainable Finance Disclosure Regulation – SFDR

The European Union (EU) has started to implement the Sustainable Finance Disclosure Regulation (SFDR), which sets out rules for classifying and reporting on sustainability and ESG factors in investments.

SFDR was developed to improve transparency, which of course helps to prevent greenwashing, as well as to direct capital towards more sustainable investments/ products and businesses.

SEC Climate Disclosure Regulations

On March 21st, 2022, the U.S. Securities and Exchange Commission (SEC) proposed a new rule, called The Enhancement and Standardization of Climate-Related Disclosures for Investors, which seeks to enhance and further standardise mandatory climate change disclosures for all publically listed U.S. companies.

Under the proposed climate disclosure rule, companies must provide detailed reporting of their climate-related risks, greenhouse gas (GHG) emissions (Scopes 1,2 & 3), Net Zero plans, as well as governance approaches based on these factors. The proposal from the commission has further laid out plans to increase pressure on organisations asserting environmental claims and Net Zero commitments.

Explore our SEC Climate Disclosure Resources hub

Task Force on Climate-Related Financial Disclosures – TCFD

The TCFD’s aim is to develop consistent climate-related financial risk – and opportunity – disclosures for use by companies in providing information to investors, lenders, insurers, and other stakeholders. The TCFD framework is being adopted internationally at a rapid pace and has become the backbone of climate-related disclosure, companies now have to demonstrate TCFD alignment over a brief period.

Explore our TCFD services

Other regulations and policy information

A Guide to the EU Energy Efficiency Directive

Energy

The EU Energy Efficiency Directive (EED) is a pan-European mandatory compliance scheme obligating large EU final customer organisations to complete mandatory independent energy audits.

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A Guide to the Deposit Return Scheme in England, Wales and Northern Ireland

Packaging

The Department for Environment, Food and Rural Affairs (Defra) has now published the outcomes to the government’s 2019 consultation on a Deposit Return Scheme (DRS) in England, Wales and Northern Ireland.

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Regulating Banks on Climate-Related and Environmental Risks

Climate Risk

Mike Jennings, Sustainable Finance Director, collated this guide to help banks to better understand the approaches of different regulatory regimes.

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How to Comply with ESOS Phase 3

Energy

ESOS is a mandatory assessment scheme in the UK, requiring large organisations to undertake energy efficiency audits every four years. The scheme incorporates all organisational energy consumption from buildings, industrial processes and transport.

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ESOS Phase 3 – How Can Your Business Prepare?

Energy

Watch the webinar to discover the latest updates to the Energy Savings Opportunity Scheme (ESOS) Phase 3, what these changes mean for your business and how to reach compliance in volatile energy markets.

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How to Prepare for Climate Disclosure Rules: Mature ESG Data Quality Now

ESG Disclosures

What do coming changes like the SEC’s proposed climate disclosure rules mean for companies? Investor pressure demanding greater quality of ESG data cannot be overstated, particularly in light of recent progress towards regulating and standardising ESG-related disclosures. Learn more about mature ESG data quality now with this guidance.

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A Short Guide to the EU Proposal for a Regulation on Packaging and Packaging Waste Directive

Packaging

On 30th November, the European Commission published an update to the Packaging and Packaging Waste Directive (PPWD) as part of the Circular Economy package.

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A Guide to the UK Extended Producer Responsibility for Packaging

Packaging

The UK government has introduced an extended producer responsibility (EPR) for packaging. This means that the way UK organisations responsible for packaging must carry out their recycling responsibilities is changing.

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German Supply Chain Act: A Framework for Responsible Supply Chain Management

Supply Chain

The objective of the act is for German business to comply with due diligence obligations to improve compliance with human rights and material standards within supply chains.

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The EU Ecodesign for Sustainable Products Regulation: What It Means for Businesses

Sustainable Products

The new Ecodesign for Sustainable Products Regulation (ESPR) has landed, meaning brands all over the world must grapple with the need to understand and then implement a raft of new requirements.

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Climate Disclosures – Internal Control Projects Are Back Again

Climate Disclosures

Find out more about the number of regulations being implemented around the external reporting of environmental and climate-related risks.  

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