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Europe Daily Bulletin No. 13423

5 June 2024
Contents Publication in full By article 20 / 22
NEWS BRIEFS / Companies
EFRAG publishes three guidance documents on implementing sustainability reporting standards

04/06/24 (Agence Europe) – On Friday, 31 May, the European Financial Reporting Advisory Group (EFRAG) published three initial European Sustainability Reporting Standards (ESRS) implementation guidance documents. These three documents focus on materiality assessment (IG 1), the value chain (IG 2), and detailed ESRS data points (IG 3) and are accompanied by an explanatory note. As the European Commission intended, EFRAG is fulfilling its role of supporting companies and other...

Contents

SECTORAL POLICIES
AGRICULTURE: controversial protest by European farmers in Brussels
AGRICULTURE: Anne Sander MEP criticises lowering of mycotoxin thresholds in cereals
AGRICULTURE: end of legal proceedings launched by European organic farming organisation on ‘Eco-score’
DIGITAL: European Data Protection Supervisor recommends caution to European institutions when using generative AI
DIGITAL: European Commission is strengthening its resources to ensure that DSA is properly implemented
ENERGY: current policies in European countries account for one-fifth of global ambition for renewable capacity by 2030, according to IEA
CLIMATE: in run-up to European elections, Jacques Delors Institute warns about future of ‘Green Deal’
TRANSPORT: new import control system live for maritime and inland waterway transport
RESEARCH: European Patent Office announces finalists for European Young Inventors Prize 2024
EXTERNAL ACTION
IRAN: EU urges Tehran to resume its nuclear commitments
MIDDLE EAST: G7 backs President Biden’s Middle East plan
HUMANITARIAN AID: EU releases €1.2 million to assist victims of cyclone Remal in Bangladesh and India
CHINA: EU calls on Chinese authorities to acknowledge repression of peaceful demonstrations in Tiananmen Square
TRADE/CLIMATE: CBAM could affect European producers more than importers, according to a report by Sandbag
ECONOMY - FINANCE - BUSINESS
ECONOMY: European finance ministers will consider how to mobilise, at G7 level, profits generated by frozen Russian public assets
STATE AID: European Commission gives green light to an Italian scheme to support production of “renewable” electricity
SOCIAL AFFAIRS - EMPLOYMENT
EMPLOYMENT: European trade unions call on Member States to approve latest compromise on European works councils on 5 June
EP2024
EP2024: European University Institute in Florence draws initial conclusions from opinions expressed through EU&I 2024 app
NEWS BRIEFS
STATE AID: European Commission authorises Italian aid of €30 million to support new air connections to and from Sardinia
COMPANIES: EFRAG publishes three guidance documents on implementing sustainability reporting standards
MEXICO: EU welcomes “historic” election of Claudia Sheinbaum as country’s President
Op-Ed
OP-ED: Do not take Europe for granted - by Roberta Metsola