eu Tag

30 May EU States Call for Stricter Climate Regulations on Private Jet Travel

Posted at 13:18 by Jordy Leo

Austria, France, Ireland, and the Netherlands have jointly urged the European Union (EU) to strengthen legislations to address the environmental impact of private jet travel, as reported by Reuters on May 26. The four countries, which have some of the busiest airports in Europe, have called for...

24 May Meta Hit with Record Fine and Data Transfer Suspension by EU Privacy Regulator

Posted at 17:13 by Tracy Liu

Meta [META:US], the parent company of Facebook [FB:US], has been hit with a historic EUR1.2bn (USD1.3bn) fine by the Data Protection Commissioner (DPC) in Ireland, the leading privacy regulator in the European Union. The fine was imposed due to Meta's mishandling of user data and...

18 May Microsoft Wins EU Antitrust Approval for USD69bn Acquisition of Blizzard

Posted at 11:51 by Jordy Leo

Microsoft [MSFT:US] has received antitrust approval from the European Commission for its proposed USD69bn acquisition of gaming giant Activision Blizzard [ATVI:US], as reported by CNBC on May 15. This approval comes despite the UK’s last month decision to block the deal. The European Commission acknowledged...

17 May EU Set to Increase Renewable Energy Target to 42.5% by 2030 to Combat Climate Change

Posted at 09:50 by Tracy Liu

The European Union (EU) is on the verge of finalizing a new renewable energy target that aims to achieve 42.5% of the bloc's energy from renewable sources by 2030, as reported by Reuters on May 15. This target is a significant increase from the previous...

17 May EU Countries Support Ban on Destruction of Unsold Clothing

Posted at 09:45 by Jordy Leo

European Union (EU) member states have supported a proposal that will ban the destruction of unsold clothing, as reported by Financial Times on May 13. According to the draft, EU states backed a specific ban on the destruction of “apparel or clothing accessories.” The proposal also includes...

11 May EU Draft Proposes Stricter Rules for Non-EU Cloud Service Providers Handling Sensitive Data

Posted at 11:26 by Tracy Liu

According to a draft document from the EU cybersecurity agency ENISA, non-European Union cloud service providers like Amazon [AMZN:US], Google [GOOGL:US], and Microsoft [MSFT:US] can only obtain an EU cybersecurity label for handling sensitive data through a joint venture with an EU-based company, as reported...

06 Apr EU Negotiates Law to Phase-Out Super Potent F-Gases

Posted at 12:48 by Tracy Liu

The European Union is preparing to negotiate a law aimed at reducing the use of super-potent greenhouse gases in fridges and air conditioners, but there is a division among countries and lawmakers regarding the speed at which these gases should be phased out, as reported...

04 Apr EU Formulates Next-Decade Emission Reduction Goals in 2050 Net-Zero Push

Posted at 21:29 by Jordy Leo

The European Commission is seeking public feedback on its upcoming proposals, which include setting an emissions-reduction goal for the next decade and deciding the role of its carbon market, as reported by Bloomberg on April 1. These proposals aim to facilitate the EU’s climate goals of reducing carbon emissions by at least 55% from 1990 levels by 2030 and achieving net zero...

30 Mar Australia Passes Law Requiring Companies to Disclose Gender Pay Gap

Posted at 11:38 by Tracy Liu

On Thursday, Australia passed a new law that mandates companies with over 100 employees to disclose their gender pay gap from the beginning of next year, as reported by Reuters on March 29. It is a part of the Labour government's efforts to enhance working conditions for women. The official data reveal that in...

30 Mar EU to Boost EV Charging and Hydrogen Refueling Network Deployment

Posted at 10:22 by Jordy Leo

European Union (EU) delegates have agreed on a new law that requires a significant increase in electric vehicle (EV) recharging and hydrogen refueling stations across Europe’s main transport networks, as reported by ESG Today on March 28. The move intends to realize a transition to...

28 Mar EU to Allow Sales of E-Fuel Combustion Engine Cars after 2035

Posted at 12:44 by Jordy Leo

The European Union (EU) and Germany have resolved an agreement to allow the registration of new vehicles with combustion engines from 2035 provided they use climate-neutral fuel only, as reported by Reuters on March 25. The deal has settled a dispute between the two sides where the EU had wanted a complete ban...

20 Mar INSIGHTS | “The Race Is On”: Europe’s Net-Zero Industry Act Proposal

Posted at 20:45 by Alexander Olding

The European Commission’s announcement to ramp up clean tech industrial capacity and secure a sustainable raw materials value chain is a bold step towards achieving net-zero emissions. Building on the original European Green Deal, the ambitious Green Deal Industrial Plan presented on February 1st, includes...

16 Mar Draft EU Rules Propose Protection for Vulnerable Consumers from Electricity Disconnections

Posted at 10:24 by Tracy Liu

A new set of EU rules is set to be released on Tuesday, which will require European Union countries to protect vulnerable consumers who are unable to pay their electricity bills from being disconnected by electricity suppliers, as reported by Reuters on March 13. This...

16 Mar Germany Forms Alliance with Eastern European Countries to Oppose EU’s Planned Phase-Out of Combustion Engines

Posted at 10:01 by Tracy Liu

Germany, along with Italy and some Eastern European nations, has created an alliance to oppose the EU's plan to phase out internal combustion engines from 2035, and they aim to present their own proposal, as reported by Reuters on March 13. On Monday, transport ministers...