KPMG’s June regulatory radar says the European Commission’s consultation on revised ESRS and the voluntary standard for smaller companies closed on June 3, with final standards expected imminently.
The SEC’s proposed rescission of its climate-related disclosure rules was published in the Federal Register on June 3, with comments due August 3.
CDP says it will become two distinct organisations: commercial CDP, backed by Permira, and CDP Foundation, a nonprofit focused on translating science into disclosure methods.
EFRAG’s Sustainability Reporting Board discussed non-EU reporting standards for CSRD, with exposure drafts expected in July, a 100-day consultation and a 70-day field test.
E3G welcomed a simplified ESRS package that preserves double materiality while cutting datapoints by more than 60%.
The FCA has opened a consultation on simplifying product-level climate disclosure requirements for UK investment products.
DLA Piper’s sustainability-law roundup flags California SB 253 Scope 1 and 2 disclosure timing, an August 3 comment deadline on the SEC climate rescission proposal and an open TISFD beta consultation through July 31.
The SEC proposed rescinding its 2024 climate-related disclosure rules in their entirety, with a 60-day comment period after Federal Register publication.
ASIC reviewed early Australian sustainability reports and flagged practical lessons on disclaimers, cross-referencing, measurement uncertainty, climate targets and material information.
Latham’s June UK PLC update notes that the UK-endorsed ISSB standards, now UK SRS, are moving toward FCA rules for listed companies, with a policy statement expected in autumn 2026.
Accountancy Europe said the European Commission’s revised ESRS strike a workable balance between simplification and Green Deal objectives, while warning that only practice will prove whether the burden reduction is real.
EFRAG is resuming work on a non-EU ESRS group sustainability reporting standard for groups with significant EU activity under CSRD Article 40a, with a July exposure draft, 100-day consultation and field testing.
Brazil’s CVM revoked the mandatory path for ISSB-based sustainability financial reporting for public companies, making the regime voluntary for fiscal years beginning January 1, 2026.
The European Commission’s revised ESRS package would cut mandatory datapoints by more than 60% and total datapoints by more than 70%, while retaining a simplified double-materiality approach.
The SEC has moved toward formally rescinding its climate-disclosure rules through notice-and-comment rulemaking, with related litigation still shaping the agency’s path.
California’s first Scope 1 and Scope 2 reporting deadline remains 10 August 2026, and market commentary this week sharpened the point that the real challenge is traceable, defensible carbon data.
Cleary’s 20 May update explains that the voluntary standard for undertakings with fewer than 1,000 employees creates a value-chain cap, meaning CSRD in-scope companies cannot demand information beyond that voluntary standard from protected out-of-scope partners.
The European Commission’s official consultation says the revised ESRS would reduce mandatory datapoints by more than 60%, total datapoints by more than 70%, and per-company reporting costs by more than 30%, with feedback due 3 June 2026.
CARB’s climate-disclosure workshop page states that its 23 March 2026 workshop covered the 10 August 2026 Scope 1 and Scope 2 emissions reporting deadline and the next phase of 2027-2030 rule development, including Scope 3 options.
The IFRS Foundation says the ISSB agreed to propose nature-related disclosure requirements through an IFRS Practice Statement, with an exposure draft planned for October 2026 and TNFD informing the work.
OIRA’s entry lists the SEC’s “Rescission of Climate-Related Disclosure Rules” as a proposed rule under RIN 3235-AN76, received on 4 May 2026 and marked economically significant.
The European Commission opened a one-month feedback process on revised ESRS, with comments due 3 June 2026.
OIRA lists the SEC’s “Rescission of Climate-Related Disclosure Rules” as a proposed rule received on 4 May 2026 under RIN 3235-AN76, and ESG Today reports that the SEC told the court it plans to reconsider the 2024 climate rules through notice-and-comment rulemaking.
CARB’s climate disclosure materials continue to point companies toward an August 10, 2026 Scope 1 and Scope 2 emissions reporting deadline under SB 253, while workshops are also developing 2027-2030 requirements and Scope 3 options.
The ISSB agreed to propose nature-related disclosure requirements in the form of an IFRS Practice Statement, with an exposure draft planned for October 2026.
The official OIRA listing shows the SEC submitted a proposed rule titled “Rescission of Climate-Related Disclosure Rules” on May 4, 2026.
The ISSB has agreed to propose nature-related disclosure requirements through an IFRS Practice Statement rather than immediate changes to IFRS S1 and S2.
The European Commission has launched a one-month feedback process on revised ESRS and a voluntary standard for smaller companies.
CARB’s current workshop materials continue to point to an August 10, 2026 deadline for Scope 1 and Scope 2 emissions reporting, with Scope 3 requirements developing for 2027-2030.
EFRAG has submitted its 2026 Sustainability Reporting Work Programme to the European Commission, putting simplification of European sustainability reporting squarely on the legal-advisory agenda.
ESMA’s sustainability reporting materials continue to stress supervision, enforcement and fair-presentation concerns around ESRS even as the Omnibus process changes scope and timing.
CARB’s March workshop kept SB 253 implementation moving, with an August 10, 2026 Scope 1 and Scope 2 reporting deadline and further rulemaking work on 2027-2030 requirements including Scope 3.
The GHG Protocol’s Actions and Market Instruments Phase 1 white paper proposes a multi-statement approach for physical inventories, market-based inventories, GHG impact statements and non-GHG indicators, with feedback open through May 31, 2026.