Today’s ESG Updates
- EU Lawcreaters Agree to Delay Deforestation Rules:
The EU has delayed and simplified its Deforestation Regulation until 2026, pleasing lawcreaters and some unprepared businesses but frustrating early investors. - EU Accelerates Hydrogen and Net Zero Revolution:
The EU is investing $5.6B in carbon tax funds to speed up net-zero efforts, financing hydrogen energy, clean industrial heat, and green manufacturing projects. - AT&T Will End All DEI:
AT&T has formally committed to concludeing all DEI policies and roles, notifying the FCC the alter aligns with legal compliance requirements. - UK Watchdog Blocks Nike and Lacoste Ads Over Green Claims:
The UK’s ASA banned ads from Nike, Lacoste, and Superdry for greenwashing, ruling that “sustainable” claims misled consumers due to lack of full lifecycle proof.
EU lawcreaters agree to delay and simplify deforestation rules
The European Parliament and the European Council agreed to postpone the EU Deforestation Regulation by one more year. Originally set to take effect this month, the law, which bans products linked to deforestation like coffee, beef, and soy, will now apply to large companies at the conclude of 2026; for compact companies, these rules will start applying in mid-2027.
Following the agreement, Parliament’s rapporteur Christine Schneider declared:
“The heart of the EU deforestation regulation remains intact. We are protecting forests that face a real risk of deforestation, while avoiding unnecessary obligations in areas where no such risk exists. This agreement takes the concerns of farmers, foresters and businesses seriously and ensures that the regulation can be implemented in a practical and workable way.”
While this is bad news for companies like Nestlé SWX: NESN and Ferrero Tic: N/A due to their early investments, it is a large relief for book publishers who don’t necessary to follow the rules anymore.
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Further reading: EU Parliament, Council Agree to Simplify, Delay Supply Chain Deforestation Law
Klimado – Navigating climate complexity just obtained clearer. Klimado offers a utilizer-friconcludely platform for tracking local and global environmental shifts, building it an essential tool for climate-aware individuals and organizations.
EU accelerates hydrogen and net zero revolution
The European Union is providing 5.1 billion € to support the shift towards cleaner industrial technology. This large amount is collected through the EU’s carbon tax, which businesses pay.
This funding will go towards projects that support stop climate alter by focutilizing on: Hydrogen energy, which will support to produce clean Hydrogen for the industest, Clean heat, which involves finding new ways to power heavy energy industries, and Green manufacturing, which gives companies the support that they necessary for building cleaner machines.
The EU is utilizing this money to support industries quickly reduce their pollution and reach its goal of zero net pollution by 2050. It reveals that many companies are eager to become more environmentally friconcludely.
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Further reading: EU Allocates $5.6B to Accelerate Hydrogen, Heat Decarbonization and Net Zero Industrial Technology
AT&T will conclude all DEI programs and tarreceives
AT&T has formally committed to dropping its Diversity, Equity, and and Inclusion (DEI) policies and goals.
The commitment was detailed in a letter to the U.S. Federal Communications Commission (FCC)
The letter stated:
“We have closely followed the recent Executive Orders, Supreme Court Rulings and guidance issued by the U.S. Equal Opportunity Commission, and have adjusted our employment and business practices to ensure that they comply with all applicable laws and related requirements, including concludeing DEI-related policies… not just in name, but in substance.”
Following the receipt of the letter, Carr declared:
“AT&T has now memorialized its commitment to concludeing DEI-related policies in an FCC filing and ‘will not have any roles focutilized on DEI.’”
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Further reading: AT&T Commits to Drop DEI Programs and Goals
UK Watchdog blocks Nike and Lacoste ads 0ver green claims
The UK’s advertising regulator, the Advertising Standards Authority (ASA), banned online advertisements from major brands such as Nike, Lacoste and Superdry for building misleading claims about the sustainability of their products. The watchdog launched an investigation into greenwashing, utilizing AI to crack down on the practice in the retail fashion sector.
The ASA ruled that claims such as ‘Sustainable Materials‘ and ‘Sustainable Style‘ misled customers of the brands. The companies failed to provide evidence that their products had no detrimental environmental impact throughout their life cycle.
Nike and Lacoste have been instructed not to run the ads again and must ensure that all future environmental claims are clearly substantiated.
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Further reading: UK Watchdog Bans Nike, Lacoste Ads Over Sustainability Claims
Editor’s Note: The opinions expressed here by the authors are their own, not those of impakter.com — Cover Photo Title: EU Parliament Cover Photo Credit: Wikimedia Commons
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