What the EU due diligence directive means for business
The European Union is moving forward with its corporate sustainability due diligence directive to address companies’ negative human rights and environmental impacts.
European Parliament
EU Lawmakers call on UK to scrap Rosebank oilfield plan ahead of summit
A group of 40 European Union lawmakers have called on UK Prime Minister Rishi Sunak to scrap plans to develop the Rosebank oil and gas field ahead of an energy summit next week.
EU presses ahead with Fit for 55 package
The EU has unveiled a series of new measures to progress with its Fit for 55 package.
EU proposes Net-Zero Act in support of green manufacturing
The European Commission has proposed its Net-Zero Industry Act, outlining various measures to support green manufacturing and the scale-up of clean technologies.
Energy efficiency: new agreement raises bar for EU businesses
The European Commission, Parliament and Council have reached a provisional agreement on the proposed reformation of the EU Energy Efficiency Directive.
EU targets fluorinated gas emissions with updated regulation
The European Union has updated its regulation on F-gases, requiring their phase-down in production by 2030 and complete phase-out in usage by 2050, amid a push to meet the goals of its ‘Fit for 55’ package.
New EU green bonds standard may fuel greenwash concerns
The European Union plans to create a standard for issuing green bonds, but it may fall short of its aims to mitigate greenwash.
EU proposes new regulations on shipments of waste
The European Parliament has voted in favour of new regulations to reduce the volume of waste that is shipped between different countries.
EU targets energy sector in bid to reduce methane emissions
EU Member States and the Commission have agreed to a proposal requiring the energy sector to accelerate its efforts on methane emissions reduction, as part of its ‘Fit for 55’ package. The bloc has yet to do the same with the agriculture sector, which is the largest emitter of anthropogenic methane.
EU agrees details of carbon border adjustment mechanism (CBAM)
MEPs reached a provisional agreement with the European Council on the basic outline of its tariff plan for carbon intensive industries. The hope is that the carbon border adjustment mechanism (CBAM) will address the problem of carbon leakage and raise global climate ambition.