Sustainability Section - Doing Business
You will find here a series of summaries providing an overview of useful sustainability regulations, processes and sustainability issues for Doing Business in Thailand.
ESRS Set 1 revision: EFRAG adopts its work plan
Following the mandate received from the European Commission to issue a technical opinion on the simplification of Set 1 of the ESRS, EFRAG delivered its work plan to the Commission on 25 April 2025, 10 days after the initial deadline. The first vote in the Sustainability Reporting Board (SRB) did not achieve the necessary qualified majority, since a number of Board members were waiting for the Secretariat to present more details as to how the deadline of 31 October 2025, which is very tight given the scale of the task, could be met.
Progress of discussions on the ‘Content’ Directive project
Still within the framework of the ‘Omnibus I’ package, the co-legislators are also making rapid progress in the negotiations around the draft of the “Content” Directive.
Publication in the OJEU of the ‘Stop the clock’ Directive
On 16 April 2025, the ‘Stop the clock’ Directive (Directive (EU) 2025/794 of the European Parliament and of the Council) was published in the EU Official Journal. This directive amends Directives (EU) 2022/2464 (Corporate Sustainability Reporting Directive, CSRD) and 2024/1760 (Corporate Sustainability Due Diligence Directive, CS3D) regarding the dates from which Member states shall apply certain requirements related to the publication of sustainability information by companies and their due diligence obligations.
PSF publishes report on streamlining sustainable finance for SMEs and developing an SME reporting framework
On 21 March 2025, the Platform on Sustainable Finance (PSF), a European Commission (EC) advisory body, published a report on streamlining sustainable finance for SMEs.
Deep dive into the first “Omnibus” on sustainability: focus on the CSDDD
The first “Omnibus” package, published by the EC on 26 February 2025, comprises two draft directives that will modify the CSDDD (in particular).
Deep dive into the first “Omnibus” on sustainability: focus on proposed changes to the CSRD and EU Taxonom
The first Omnibus proposals are a starting point for a long legislative process that could mark a significant shift in corporate sustainability reporting, introducing new thresholds, timelines and standards that will impact businesses across sectors.
Jurisdictional consultations on adoption of ISSB Standards
The latest developments in the worldwide adoption of IFRS Sustainability Disclosure Standards (IFRS SDS)
ISSB update – February 2025 meeting
The ISSB’s February 2025 update is available with the latest updates on its two ongoing research projects, Biodiversity, Ecosystems & Ecosystem services, and Human Capital.
ISSB update January 2025 – Proposed amendments to IFRS S2
At the International Sustainability Standards Board (ISSB) January 2025 meeting, the Board tentatively approved the following proposed amendments to IFRS S2 Climate-related Disclosures.
EC publishes a “Competitiveness Compass” for the EU including simplification of sustainability reporting requirements
On 29 January 2025, the EC presented the EU “Competitiveness Compass”, its roadmap for the next five years.