The European Parliament is expected to discuss and vote on the provisional agreement on the revision of the Energy Efficiency Directive during the 10-13 July plenary session, in conjunction with the adoption of the draft report on the Industrial Emissions Directive. For more information, please contact Irene di Padua.
against in the ENVI committee – meaning that there was no majority in favour of the text. Having failed to adopt a report, the ENVI Committee will table a motion to reject the Commission proposal. It is very uncertain if the law will survive the plenary vote (likely scheduled for 11-13 July). For more information, please contact Daniel Reinemann.
The IFRS Foundation, well known for its IFRS Accounting Standards, has just released the first of its Sustainability Reporting Standards. It seeks to establish a global baseline for sustainability disclosures to further inform economic and investment decisions. The standard is available after signing up with a free account.
The Science Based Targets Initiative (SBTi) has launched a new public consultation for their upcoming Beyond Value Chain Mitigation guidance. This guidance will focus on “action to mitigate emissions outside company value chains, such as purchasing high-quality, jurisdictional REDD+ credits or investing in direct air capture”. The public consultation includes a survey and is open until 30 July.