More global and EU efforts needed to achieve SDG targets
In July 2023, the United Nations published its 2023 Sustainable Development Goals Report, calling for intensified global efforts to ensure that the SDGs progress towards achieving the established targets. An Eurostat report concluded that the EU made moderate developments in the areas of responsible consumption and production, sustainable cities and communities, and affordable and clean energy. The EU’s climate targets for 2030 need to be strengthened to achieve the climate-related SDGs.
European Commission adopts CBAM transitional reporting obligations
The European Commission adopted an implementing regulation on 17 August 2023, setting out detailed rules for the reporting obligations that will apply during the transitional period to EU importers of CBAM goods.
Proposed new German energy efficiency act impacts on data centre operators
German government proposals to introduce a new national Energy Efficiency Act could have a significant impact on data centres situated in Germany. In particular, data centre operators have expressed concerns about new rules which would require data centres to: meet certain energy efficiency levels; have minimum levels of waste heat reuse; and rely on minimum levels of renewable energy.
EU importers of CBAM goods to follow new transitional reporting obligations
The European Commission published a draft implementing regulation setting out the detailed rules for the reporting obligations that will apply during the transitional period of the CBAM.
Commission publishes detailed standards for sustainability reporting
The European Commission published a consultation on the first set of European Sustainability Reporting Standards. Companies under the scope of the Corporate Sustainability Reporting Directive will be required to report according to the new standards from 2025.
European sustainability developments – 2Q 2023 update
Summary of the main developments on environmental policy and regulation in Europe in the three months from April to June 2023.