Helix, by Sowmy VJ

Helix, by Sowmy VJ

Share this post

Helix, by Sowmy VJ
Helix, by Sowmy VJ
Charting the Course
Copy link
Facebook
Email
Notes
More

Charting the Course

Developments, Reporting Standards, and Emerging Energy Pathways

Sowmy VJ's avatar
Sowmy VJ
Jun 13, 2024
∙ Paid

Share this post

Helix, by Sowmy VJ
Helix, by Sowmy VJ
Charting the Course
Copy link
Facebook
Email
Notes
More
Share

Introduction

The sustainable business landscape is rapidly evolving, driven by new regulations, reporting standards, and innovative solutions in the energy sector. As investors navigate this complex terrain, they must stay informed and proactive in addressing emerging developments across environmental, social, and governance (ESG) fronts.

Regulatory Updates:

European Union:

- Corporate Sustainability Reporting Directive (CSRD) took effect on January 1, 2024, requiring large companies to provide expansive sustainability disclosures on environmental, social, governance, and value chain impacts.

- The deadline for the EU Commission to publish sector-specific sustainability reporting standards under CSRD has been delayed from June 2024 to June 2026.

- Small and medium enterprises (SMEs) face indirect pressure as suppliers to large companies covered by CSRD. EFRAG has published guidance on voluntary sustainability reporting approaches for SMEs.

blue and yellow star flag
Photo by Christian Lue on Unsplash

United Kingdom:

- The UK government aims to make its endorsement decision and create the UK Sustainability Reporting Standards (UK SRS) in Q1 2025, a delay from the initial July 2024 target.

- The Financial Conduct Authority (FCA) will consult on how the UK SRS should apply to UK-listed companies and update the current Task Force on Climate-related Disclosures (TCFD)-aligned reporting requirements.

Keep reading with a 7-day free trial

Subscribe to Helix, by Sowmy VJ to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Helix Research Ltd
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share

Copy link
Facebook
Email
Notes
More