The regulation includes classification levels for sustainability-focused investment funds, each with varying disclosure requirements, including ‘Article 8’ funds that “promote environmental or social characteristics or a combination of those characteristics,” and the more stringent ‘Article 9’ funds, “which have sustainable…
Minister of Industry and Technology, Mehmet Fatih Kacır, emphasized the historic opportunity presented by the 7.5 billion euros Digital Europe Program Participation Agreement signed between Turkey and the European Union, stating, “With this program, we will establish the European digital…
The Energy Efficiency Directive, officially approved on July 24, 2023, reflects the significant importance the EU places on energy efficiency. This Directive establishes the fundamental principle of “energy efficiency first” in EU energy policy, highlighting its vital role in the…
Water and climate change are inextricably linked. Climate change affects the world’s water in complex ways. From unpredictable rainfall patterns to shrinking ice sheets, rising sea levels, floods and droughts – most impacts of climate change come down to water water (UN…
Climate change is a global problem that needs global solutions. As the EU raises its own climate ambition, and as long as less stringent climate policies prevail in many non-EU countries, there is a risk of so-called ‘carbon leakage’. Carbon…
While adopting a “wait and see” approach might seem appealing, an increasing number of companies are developing their own solutions to reduce this gap internally. Here are four strategies. Businesses in various sectors are facing growing pressure to embrace sustainable…
The European Commission released a series of measures on Tuesday aimed at bolstering its sustainable finance framework, including a new proposal to regulate ESG ratings providers, and the introduction of a new set of criteria for sustainable economic activities under…
Global professional services firm KPMG announced today the launch of Circularity Tracker, a new tool aimed at supporting organizations’ shift from a linear to a circular economy through automated data collection and processing, and performance analysis and monitoring. The new…
AIR & EMISSIONS, ENVIRONMENTAL MANAGEMENT, REPORTING, SUPPLY CHAIN, WASTE & RECYCLING, WATER MANAGEMENT Oracle is a multinational technology corporation that specializes in developing and marketing enterprise software and computer hardware systems. The company provides a wide range of software and hardware products and services, including…
Europe’s three primary financial regulatory agencies, the European Supervisory Authorities (ESAs), announced on Wednesday a series of proposed amendments aimed at extending and simplifying the EU’s Sustainable Finance Disclosure Regulation (SFDR). Proposals include the addition of information regarding the decarbonization…