CCAP launches Global Taxonomy Map & Dashboard for #sustainablefinance

🌍 Transparency and open data for sustainable finance worldwide Did you know dozens of green and sustainable taxonomies are at different stages of development across the globe? Ahead of COP30 next month, explore the new Global Taxonomy Map and Dashboard—an interactive, open repository available in English and Spanish, developed by CCAP. 📊 This live, evolving tool consolidates up-to-date information on each taxonomy’s status (design, consultation, implementation & revision), technical components, sector coverage, environmental objectives, eligibility approaches and governance. 🔎 Every country includes verifiable data, direct links to official documents and downloadable index cards to compare technical criteria, thresholds and disclosures—making interoperability analysis easier. You can also download the full dataset, index cards and map images, allowing you to reuse and repurpose the information for your own research, reporting or visualization projects. 💡 A living repository, updated in real time Compare structures, spot regional trends and understand how sustainable finance taxonomies evolve globally—connecting national and regional efforts such as the EU Taxonomy, ASEAN, the African Sustainable Finance Taxonomy and many initiatives across Latin America and the Caribbean. 🌐 Use & share Download, explore and share the data—and help strengthen climate finance transparency. 🔗 Explore the Global Map and Dashboard: https://lnkd.in/ejmEPS6Y #GlobalDashboard #GlobalMap #SustainableTaxonomies #Transparency #OpenData #GreenFinance #SustainableFinance #CCAP #GFLAC #Interoperability #DataForImpact GFLAC Grupo de Financiamiento Climático para Latinoamérica y el Caribe

📢 𝗘𝘂𝗿𝗼𝘀𝗶𝗳’𝘀 𝗿𝗲𝘀𝗽𝗼𝗻𝘀𝗲 𝘁𝗼 𝗘𝗙𝗥𝗔𝗚 𝗰𝗼𝗻𝘀𝘂𝗹𝘁𝗮𝘁𝗶𝗼𝗻 𝗼𝗻 𝘁𝗵𝗲 𝘀𝗶𝗺𝗽𝗹𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝘁𝗵𝗲 #𝗘𝗦𝗥𝗦: 𝗔 𝗯𝗮𝗹𝗮𝗻𝗰𝗲𝗱 𝗰𝗼𝗺𝗽𝗿𝗼𝗺𝗶𝘀𝗲, 𝗯𝘂𝘁 𝗱𝗲𝗲𝗽𝗲𝗿 𝗰𝘂𝘁𝘀 𝗰𝗼𝘂𝗹𝗱 𝗯𝗲 𝗳𝗮𝘁𝗮𝗹 ✅ 𝗪𝗵𝗮𝘁 𝘄𝗼𝗿𝗸𝘀 𝗳𝗼𝗿 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀: 📌 Most of the changes to the European Sustainability Reporting Standards #ESRS are thought-through streamlining and clarifications that make the standards clearer and more usable for companies and investors alike. ❗ However, the reduction of data points by 57% already represents a 𝘀𝘂𝗯𝘀𝘁𝗮𝗻𝘁𝗶𝗮𝗹 𝘀𝗶𝗺𝗽𝗹𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻. 𝗙𝘂𝗿𝘁𝗵𝗲𝗿 𝗰𝘂𝘁𝘀 𝘄𝗼𝘂𝗹𝗱 𝗰𝗿𝗲𝗮𝘁𝗲 𝗱𝗮𝘁𝗮 𝗴𝗮𝗽𝘀 for investors and hinder financing of the transition to a low-carbon economy.   ⚠️ 𝗖𝗼𝗻𝗰𝗲𝗿𝗻𝘀 𝗺𝗼𝘂𝗻𝘁 𝗼𝘃𝗲𝗿: 📌 𝗔𝗻𝘁𝗶𝗰𝗶𝗽𝗮𝘁𝗲𝗱 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗲𝗳𝗳𝗲𝗰𝘁𝘀: Allowing the voluntary reporting of quantitative information will create significant data gaps and jeopardise the usability and credibility of the entire reporting framework for users. 📌 𝗖𝗿𝗼𝘀𝘀-𝗰𝘂𝘁𝘁𝗶𝗻𝗴 𝗿𝗲𝗹𝗶𝗲𝗳𝘀: While we acknowledge the need for limited reliefs, the lack of safeguards and incentives for improvement may lead to abuses restricting the availability and comparability of key information across sustainability reports. 📌 𝗖𝗹𝗶𝗺𝗮𝘁𝗲-𝗿𝗲𝗹𝗮𝘁𝗲𝗱 & 𝗯𝗶𝗼𝗱𝗶𝘃𝗲𝗿𝘀𝗶𝘁𝘆 𝗱𝗶𝘀𝗰𝗹𝗼𝘀𝘂𝗿𝗲𝘀: it is essential that disclosures on climate transition plans remain robust and reliable, with only cautious application of reliefs. Disclosures on climate scenarios and biodiversity targets must be maintained for assessing resilience and sustainability. 📌 𝗥𝗲𝗱𝘂𝗰𝗲𝗱 𝗜𝗦𝗦𝗕 𝗮𝗹𝗶𝗴𝗻𝗺𝗲𝗻𝘁: Risks of fragmentation of sustainability reports between the ESRS and international standards, less comparability of information for investors, and additional reporting burdens for companies. 📌 𝗦𝗙𝗗𝗥 𝗣𝗔𝗜𝘀: Some data points that investors need to report under the Sustainable Finance Disclosure Regulation have been deleted, creating implementation burdens for investors. 📌 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗰𝗼𝗻𝗱𝘂𝗰𝘁: we question the removal of disclosures on lobbying activities. 🔎 𝗕𝗮𝗰𝗸𝗴𝗿𝗼𝘂𝗻𝗱:  • As part of the #Omnibus I package, the European Commission mandated EFRAG to simplify the #ESRS used by companies in scope of the Corporate Sustainability Reporting Directive #CSRD. • In July, EFRAG issued a public consultation asking for feedback on its suggestions for this simplification. 👉 For more read the press release below 🔗 Here the full response here: https://lnkd.in/dFqkCsVz 

CSRD Update #43 – Week 40 🌍 At Arana Finance, we keep a close eye on the latest developments in sustainability reporting. This week’s highlights: 🔹 Dutch companies struggling with sustainability reporting A Workiva study shows that while 83% of Dutch companies report on emissions, many still face challenges with data reliability, complex international rules, and limited expertise. AI is emerging as a key enabler for more accurate and efficient reporting. 🔹 EU businesses want stronger sustainability rules A YouGov survey reveals that most EU companies favor tougher due diligence and reporting requirements than those proposed in the EU’s Omnibus package. Many see sustainability regulation not as red tape, but as a driver of competitiveness. 🔹 SBTi launches first global registry of certified experts The Science Based Targets initiative has published a worldwide register of certified professionals in climate target-setting, linked to its new SBTi Academy with training and certification opportunities. 👉 At Arana Finance, we bring these insights together to help organizations navigate the fast-evolving CSRD landscape. Curious how we can support your business? Let’s connect! #CSRD #Sustainability #Reporting #AranaFinance

🚨 #OMNIBUS UPDATE: European Parliament pushes to further weaken sustainability reporting rules After months of political "push and pull" war, the EU Parliament has agreed to scale back parts of the sustainability reporting framework #CSRD even more than originally proposed. According to Reuters and Euractiv, the latest compromise gives in to pressure from the European People’s Party (EPP) to delay and reduce the scope of sustainability obligations for companies. Summary: ✅ Simplifications under the Omnibus regulation are moving forward – aimed at reducing administrative burden. ⚠️ But at the same time, the scope of companies covered by CSRD&CSDDD is shrinking: 👉 CSRD: would apply only to companies with 1,000+ employees and €450M+ EU turnover 👉 CSDDD: would apply only to companies with 5,000+ employees and €1.5B+ turnover ⚠️ And that’s not all — sector-specific standards may face further postponement, pushing critical ESG transparency even further down the road. This “backtracking” is being presented as a win for competitiveness, but it’s also a step back for accountability and the EU’s credibility in global sustainability leadership. ✅ What to watch for: - Final vote in the European Parliament (in two weeks) – will this pass? - Amendments or last-minute recoveries - Public response from sustainability and business stakeholders..? Stay informed 🔗 Read the Euractiv report: https://lnkd.in/dkf85dv8 🔗 Watch parallel development: https://lnkd.in/dhX-Swg8 #CSRD #ESRS #Omnibus #SustainabilityReporting #EUregulation #ESG

CSRD and EU Taxonomy are evolving quickly — here’s how your organization can stay ahead. Since the CSRD was finalized in 2023, the EU has continued to refine its sustainability reporting rules. Revised ESRS drafts, a more streamlined Taxonomy, and assurance requirements mean the reporting environment is shifting fast. Key developments include: - The “stop-the-clock” relief granted to Waves 2 and 3. - A simplified set of ESRS drafts anticipated by July 2025. - Updated EU Taxonomy criteria with clearer DNSH and materiality guidance. - Required limited assurance over sustainability information. Wondering what steps to take? Our blog summarizes the key actions and deadlines: http://spr.ly/6045Aow8x We also invite you to register for our 20 November webinar, “Clock’s Stopped, Pressure’s Rising: CSRD for North American Companies in 2026”, to explore the implications in more detail: http://spr.ly/6048Aow80 2026 is set to be pivotal. Organizations subject to FY 2025 reporting should begin preparations now to build credibility, ensure compliance and capture strategic advantage. #CSRD #ESRS #EUTaxonomy #SustainabilityReporting #DoubleMateriality #ClimateDisclosure #EUCompliance #ESGStrategy #EcoAct

CSRD and EU Taxonomy are evolving quickly — here’s how your organization can stay ahead. Since the CSRD was finalized in 2023, the EU has continued to refine its sustainability reporting rules. Revised ESRS drafts, a more streamlined Taxonomy, and assurance requirements mean the reporting environment is shifting fast. Key developments include: - The “stop-the-clock” relief granted to Waves 2 and 3. - A simplified set of ESRS drafts anticipated by July 2025. - Updated EU Taxonomy criteria with clearer DNSH and materiality guidance. - Required limited assurance over sustainability information. Wondering what steps to take? Our blog summarizes the key actions and deadlines: http://spr.ly/6045Aow8x We also invite you to register for our 20 November webinar, “Clock’s Stopped, Pressure’s Rising: CSRD for North American Companies in 2026”, to explore the implications in more detail: http://spr.ly/6048Aow80 2026 is set to be pivotal. Organizations subject to FY 2025 reporting should begin preparations now to build credibility, ensure compliance and capture strategic advantage. #CSRD #ESRS #EUTaxonomy #SustainabilityReporting #DoubleMateriality #ClimateDisclosure #EUCompliance #ESGStrategy #EcoAct

The #ESMA letter to #EFRAG on the Exposure Draft (#ED) on the revised European Sustainability Reporting Standards (#ESRS) highlights several main issues and recommendations. Here are the key areas of concern and proposed revisions ESMA communicates to EFRAG: 1. Materiality of Information and Definitions: * #Dual #Notion of #Materiality: ESMA is concerned that the ED differentiates between two notions of materiality: one for "primary users of general purpose financial reporting" and another for "other users of general purpose sustainability statements". ESMA believes this dual notion risks creating divergence in practice and application issues, and suggests revisiting this proposal, possibly by foreseeing a single, amended notion that is then complemented by application requirements. * #Focus on #Topics vs. #Impacts, #Risks, and #Opportunities (#IROs): ESMA is concerned that the ED shifts the focus of disclosures from the material IROs to the sustainability topics related to those IROs. ESMA stresses that the core objective is to provide material information on the material IROs and how the undertaking manages them, and that switching the focus may lead to a loss of material information. * "#General-#Purpose Sustainability Reporting": ESMA cautions against the inclusion of a new definition of "general-purpose sustainability reporting" in the ED without sufficient explanation of what it is meant to achieve in practice and notes that the proposed reference to "groups of users" is arbitrary and open to manipulation and misinterpretation. 2. Transparency on Transition Efforts and Targets * #Credible #Transition #Strategies: ESMA stresses the importance that the ESRS continue to require sufficient transparency on an undertaking's transition efforts for climate change mitigation and biodiversity, which is necessary for users to assess the credibility of a transition strategy and its implementation. * #Transition #Plan #Clarity: It is necessary for the ESRS to clearly establish what constitutes a transition plan as opposed to a less strategic action plan, and specify the minimum disclosures expected in the respective environmental areas. * #Climate #Targets: ESMA notes that increased flexibility regarding disclosures on climate targets will make it more difficult for investors to compare the ambition of transition plans and regrets that the definition of "net-zero" targets has been removed from the standard. (More below in the comments)

I’m genuinely delighted to share that ComAp Group has published its second Environmental, Social, and Governance (ESG) Report—another important step on our journey as enablers of the energy transition. This report reflects the collective efforts we’ve made over the past year to integrate ESG principles into our operations, culture, and decision-making. It highlights ComAp’s progress, challenges, and commitments across key areas such as climate action, diversity & inclusion, ethical governance, and community engagement. Some milestones stand out as proof of what’s possible when ambition meets action. In 2024, 52% of our revenues came from EU Taxonomy-eligible products, surpassing a goal we originally set for 2030, six years ahead of schedule. Our overall CO₂ emissions from Scopes 1, 2, and 3 dropped by 5% year-on-year. Yet, Scope 3 calls for deeper collaboration with our partners and suppliers. I am convinced that our greatest impact will come from working together across the value chain.  Of course, the journey doesn’t end here.  For us, sustainability is not a box to tick, it is a continuous effort. Even as regulations shift, we choose to report openly, because progress is measured not just in numbers, but in the relationships we nurture and the positive impact we strive to make—within our company and beyond.  Thank you to everyone at ComAp, our partners, and our customers for your ongoing support and commitment. I encourage you to read through our latest ESG report and join us as we continue to shape a more sustainable tomorrow.  You can find the link to the report in the comments below.  

🔖 The Evolution of Sustainability Reporting tells us that it is a crucial component of enterprise value and long-term resilience The journey of global sustainability action, and the subsequent need for corporate disclosure, began in earnest with the 1987 Montreal Protocol. While initially focused on a single environmental issue, at the time depleting the ozone layer, this landmark treaty established the principle of collective, binding environmental stewardship. This foundational step paved the way for the Kyoto Protocol (1997) and the Paris Agreement (2015), embedding climate action into the global agenda alongside the Sustainable Development Goals (SDGs). 📜 The transition from international agreement to concrete corporate accountability was catalysed by non-profit initiatives. Pioneers such as the Global Reporting Initiative (GRI), founded in 1997, and the Carbon Disclosure Project (CDP) established the early, voluntary reporting ecosystem. This was soon followed by the creation of specialist bodies like the Climate Disclosure Standards Board (CDSB) and the Sustainability Accounting Standards Board (SASB), which helped companies link environmental and social issues to financial materiality. The Task Force on Climate-Related Financial Disclosures (TCFD), launched in 2015, cemented climate risk disclosure as an essential component of mainstream financial reporting. 📑 Today, the landscape is defined by a definitive shift towards global standardisation and mandatory compliance. The establishment of the International Sustainability Standards Board (ISSB) in 2021 under the IFRS Foundation marks the pursuit of a single, global baseline for disclosure (IFRS S2), aiming to sit alongside traditional financial reporting. Concurrently, Europe has introduced the highly powerful Corporate Sustainability Reporting Directive (CSRD), which requires extensive, audited disclosures across environmental, social, and governance factors. 📊 This evolution confirms that sustainability reporting is no longer a peripheral 'green' programme; it is a crucial component of enterprise value and long-term resilience. Companies are to recognise that these complex frameworks signal a permanent change. The time for ad-hoc, siloed reporting has passed. It is time for organisations to adopt a proactive, long-term mindset when it come to sustainability, viewing robust ESG disclosure not as a compliance burden, but as a strategic imperative for attracting capital and ensuring enduring business success. 📚As the implementation partner at Praesto Consulting, we can help guide you through the process. Thank you, David Carlin and co, for the inspiring visualisation. #SustainabilityReporting #EPM #OracleReporting #ESG #Reporting

A Step Forward, and a Reminder of the Work Ahead in Sustainability Reporting Efforts to streamline and simplify regulation under the European Commission’s "de-prioritization” agenda reflect a broader attempt to reduce administrative burdens, especially for U.S. and other foreign firms that have long raised concerns about complexity and transatlantic alignment. At the same time, SEC Chair Paul Atkins’ remarks at the OECD Roundtable in Paris underscored ongoing transatlantic dialogue. His comments acknowledged the EU’s commitment to avoid trade restrictions while emphasizing the need to focus on “financial materiality,” ensuring that sustainability reporting complements, rather than conflicts with, efficient capital markets. Together, these developments mark a milestone in global sustainability regulation: recognition that sustainability data must serve both investor transparency and economic competitiveness. The challenge now is to maintain momentum, ensuring that simplification doesn’t dilute substance, and that U.S. and EU regulators continue to converge around high-quality, decision-useful standards. Progress is being made, but the evolution of sustainability reporting is far from complete. #CSRD #ESG #SustainabilityReporting #Regulation #TransatlanticTrade #CorporateGovernance #Disclosure Check out this recent article from the Financial Times, which asks the strategic question: "Reporting absorbs resources, but does it prepare companies for a future in which transparency and accountability are inseparable from market access and innovation?"