Briefings

The EU's Carbon Border Adjustment Mechanism (effective from 1 January 2026) requires EU importers to report on and purchase CBAM certificates to cover the emissions embedded in their imported goods. This UK Government briefing helps NEDs keep up to date with the latest regulatory requirements for EU imports, including: iron and steel, aluminium, cement, fertilisers, hydrogen, and traded electricity.

Statements from UN Secretary-General António Guterres at the opening plenary of the World Leaders Climate Action Summit on 6 November 2025 in Belém, Brazil. On 6 November 2025 Country leaders at COP30 climate summit in Brazil bemoaned the fractured global consensus on climate action.

After late negotiations EU climate ministers agreed a 2040 climate change target on 5th November 2025 as they raced to clinch the deal before the U.N. COP30 summit in Brazil. In a public vote, climate ministers approved a compromise to cut emissions 90% from 1990 levels by 2040, but with flexibilities to weaken this aim.

Watch Chapter Zero and the Deloitte Academy explore the Corporate Sustainability Reporting Directive (CSRD), an EU regulation that requires sustainability information to be reported alongside financial information and subject to assurance.

This briefing, produced by the Climate Governance Initiative, explores and discusses the context of the proposed SEC climate disclosure rule, the current status and likely next steps, and provides key questions for board directors to ask their boards in relation to it.