#Sustainability

2025-04-10

Sustainability and due diligence: MEPs agree to delay application of new rules

On Thursday, the European Parliament voted to postpone the application dates for new EU laws on due diligence and sustainability reporting requirements. With 531 votes for, 69 against and 17 abstentions, MEPs supported the Commission proposal, part of wider simplification efforts aimed at strengthening the EU’s competitiveness.

The new due diligence rules require companies to mitigate their negative impact on people and the planet. Member states will have an extra year – until 26 July 2027 – to transpose the rules into national legislation. The one-year extension will also apply to the first wave of businesses to be affected, namely: EU companies with over 5,000 employees and net turnover higher than €1.5 billion, and non-EU companies with a turnover above this threshold in the EU. These companies will only have to apply the rules from 2028. The date of application will be the same for the second wave of companies: those in the EU with over 3,000 employees and net turnover higher than €900 million, and non-EU companies with turnover above that threshold in the EU.

Application of the sustainability reporting directive will also be delayed by two years for the second and third waves of companies covered by the legislation. Large companies with more than 250 employees will be required to report on their social and environmental measures for the first time in 2028 for the previous financial year, while listed small and medium-sized enterprises will have to provide this information one year later.

EU aims to advance global clean transition and implementation of the Paris Agreement at UN's COP30

At the COP30 UN Climate Change Conference in Belém, Brazil, from 10-21 November, the European Union will reaffirm its strong commitment to climate action. The EU is dedicated to paving the way toward a global transition that is clean, fair, and resilient. This transition aims to provide clean and affordable energy, create business opportunities, stimulate growth, enhance industrial competitiveness, and leave no one behind.

EU and Indonesia conclude negotiations on free trade agreement

Following the political agreement reached on 13 July by President von der Leyen and President Prabowo Subianto, today the EU and Indonesia finalised negotiations for a Comprehensive Economic Partnership Agreement (CEPA) and an Investment Protection Agreement (IPA). On the EU side, negotiations were led by Commissioner for Trade and Economic Security Maroš Šef?ovi?. Currently in Indonesia, he is marking this historic milestone and engaging with both European and Indonesian businesses to support the upcoming ratification and next steps.

Commission proposes Mercosur and Mexico agreements for adoption

The European Commission has put forward its proposals to the Council for the signature and conclusion of the EU-Mercosur Partnership Agreement (EMPA) and the EU-Mexico Modernised Global Agreement (MGA). These landmark deals form a critical part of the EU's strategy to diversify its trade relations and strengthen economic and political ties with like-minded partners around the world.

RadiciGroup: 21st Sustainability Report published

RadiciGroup has published its 21st Sustainability Report, covering the year 2024, confirming more than two decades of transparency and measurement in the economic, environmental, and social dimensions. From its first Social Report in 2004 to the current reporting aligned with the GRI Universal Standards, the Group is now preparing for its next challenge: the adoption of the criteria that will be set out by the Corporate Sustainability Reporting Directive (CSRD).

Indorama Ventures and Indovinya Global Leaders represent the Group at the Climate Action Innovation Zone in São Paulo

Indorama Ventures Public Company Limited, a global sustainable chemical company, proudly joins the Climate Action Innovation Zone taking place this year in São Paulo (SP), from November 6 to 8, held for the fifth time in parallel with the UN Climate Change Conference (COP). The event brings together global leaders, companies, and policymakers committed to accelerating industrial innovation and sustainability.

38th International Cotton Conference Bremen launches registration and unveils key topics

Participants can now register online for the 38th International Cotton Conference Bremen, which will be held on 25-27 March 2026 at the Haus der Bürgerschaft parliament building on market square. All visitors can look forward to a high-calibre conference programme, numerous additional meetings and a valuable exchange of knowledge and information. The comprehensive range of topics covering the entire value chain will provide practical expertise, address current developments, answer key industry questions, and provide new impetus for the future.

Innovation and customer proximity – KARL MAYER’s clear focus makes an impression

ITMA ASIA in Singapore was a resounding success for KARL MAYER, exceeding all expectations. The company welcomed visitors from 39 countries and held around 570 expert discussions. Most guests came from India, followed by China, Indonesia and Pakistan. The exchange with them was both well-founded and targeted. Conversation topics ranged from investment projects and new technologies to opportunities for cooperation and business expansion.