EU Advances Simplified Sustainability Reporting as EFRAG Submits Revised ESRS to Commission
• Mandatory datapoints shrink by 57–68% as Europe aims to relieve compliance pressure without weakening Green Deal ambition• Materiality assessments overhauled, voluntary disclosures removed entirely, and value-chain estimates permitted to limit costly data-gathering requirements• Next step: European Commission to draft Delegated Act, with consultation open until September 2025 and full adoption targeted end-2025 Europe moves […]
Iberdrola Commits $15B to UK Electricity Grids to Accelerate Electrification, Energy Security
• Iberdrola’s UK subsidiary ScottishPower approved to invest €14B in new transmission infrastructure through 2031.• Largest grid investment in Iberdrola’s history; supports Clean Power 2030 Plan and triples spending from the previous regulatory cycle.• Programme expected to add €2.3B to the UK economy annually and create 12,000 jobs. The UK energy regulator Ofgem has approved […]
