Explore climate-related regulations and compliance requirements across different jurisdictions
The EU's ESRS E1 (Climate Change) standard sets mandatory climate disclosure requirements under the Corporate Sustainability Reporting Directive (CSRD), covering greenhouse gas emissions, transition plans, and climate risk management.
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The UK's Sustainability Disclosure Requirements (SDR) set mandatory sustainability and climate reporting standards for asset managers and investment products, including entity- and product-level disclosures, anti-greenwashing rules, and voluntary fund labels.
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In March 2024, the SEC adopted rules requiring listed companies to disclose material climate risks, governance and risk-management processes, and, by larger filers, Scope 1 and 2 GHG emissions with phased assurance.
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California's climate disclosure laws (SB 253 and SB 261) set mandatory reporting standards for large companies operating in the state, requiring disclosure of greenhouse gas emissions and climate-related financial risks.
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New York's proposed climate disclosure framework establishes reporting obligations for large companies, requiring annual disclosure of greenhouse gas emissions and biennial reporting on climate-related financial risks.
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Canada's Sustainability Disclosure Standards (CSDS 1 and CSDS 2) introduce mandatory sustainability and climate-related reporting for companies, aligned with ISSB's global baseline.
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Japan's Sustainability Standards Board (SSBJ) Climate-related Disclosures Standard (No.
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China is introducing a unified, ISSB-aligned sustainability disclosure system.
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Singapore's climate disclosure framework is driven by SGX Listing Rules and MAS guidelines, introducing mandatory sustainability and climate-related reporting aligned with ISSB S2.
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South Korea's K-IFRS Sustainability Disclosure Standards (KSSB) introduce mandatory climate-related financial disclosures aligned with ISSB S1 and S2.
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Hong Kong Exchanges and Clearing (HKEX) adopted new Listing Rules in July 2024, fully aligned with ISSB S2.
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Australia's Sustainability Reporting Standards (ASRS) introduce mandatory climate-related financial disclosures under AASB S2, adapted from IFRS S2.
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New Zealand's Climate-related Disclosure Standards (NZ CS1-CS3), developed by the External Reporting Board (XRB), introduce the world's first fully mandatory climate disclosure regime aligned with ISSB S2 and TCFD.
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Switzerland's Climate Disclosure Ordinance (OR 964aβ964c CO), effective 1 January 2024, mandates climate-related financial disclosures for large public companies, including banks, insurers, and asset managers.
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