India is preparing targeted policy support for its steel industry as Europe’s carbon border tax reshapes global trade in emissions-intensive goods.

The Science Based Targets initiative (SBTi) has published an updated draft of its Automotive Sector Net-Zero Standard, setting out a science-aligned framework to help automakers and auto parts manufacturers define credible net-zero emissions strategies.

The European Commission has adopted its first set of voluntary certification methodologies for permanent carbon removals under the EU’s Carbon Farming and Carbon Removals (CRCF) Regulation, establishing the bloc’s inaugural standard to define and validate activities that remove CO₂ from the atmosphere.

The Global Reporting Initiative (GRI) is strengthening the quality and consistency of sustainability reporting through its Sector Program, an initiative designed to develop sector-specific GRI Standards that reflect the most significant economic, environmental, and social impacts across industries.

The UK’s Financial Conduct Authority (FCA) has unveiled a consultation proposing a significant expansion and revision of sustainability reporting requirements for listed companies, centered on new IFRS-aligned standards.

The Greenhouse Gas (GHG) Protocol has released its Land Sector and Removals Standard (LSR Standard) — the first globally applicable framework for accounting, reporting, and tracking greenhouse gas emissions and carbon dioxide (CO₂) removals associated with land use and removals.