SustainCase newsletter – wk43, October 2025
EU Parliament Lawmakers Reach Deal on Bigger Cuts to Sustainability Reporting and Due Diligence Laws
Lawmakers in the European Parliament have reached an agreement on a proposed Parliamentary negotiating position on the EU Commission’s Omnibus I initiative which would see more significant reductions in the EU’s sustainability reporting and due diligence regulations than those proposed by the Commission.
US Declines to Back World Bank Climate Statement Signed by 19 Directors
Nineteen of the World Bank’s 25 executive directors have issued a joint statement reaffirming their commitment to the bank’s climate action priorities, despite opposition from the United States, its largest shareholder. The statement—signed by directors representing 120 countries—reiterates support for the World Bank’s goal of directing 45% of its annual financing toward climate-related projects and for maintaining alignment with the Paris Agreement. The US, along with Russia, Kuwait, and Saudi Arabia, declined to sign the document.
Case study: How Zenith Bank works with its clients and customers to encourage sustainable practices
October 21, 2025 – Zenith Bank Plc is Nigeria’s largest bank. Beyond the United Kingdom, the bank operates in the United Arab Emirates, Nigeria, Ghana, and Sierra Leone, and maintains a representative office in China. Zenith Bank’s primary services encompass Corporate, Investment, and Retail Banking, as well as Commercial and Consumer Banking, Personal and Private Banking, Trade Services, Foreign Exchange, Treasury, and Cash Management. Zenith Bank is a signatory of the Principles for Responsible Banking (PRB) and is, accordingly, working with its clients and customers to encourage sustainable practices and enable sustainable economic activities. Read more.
Case study: How YES BANK works with its clients and customers to encourage sustainable practices
October 16, 2025 – YES BANK is a premium, customer-focused, service-oriented financial institution supporting the emerging businesses of India. It has evolved into a full-service commercial bank, providing a wide range of products and services to its corporate, MSME, and retail clients. As the sixth-largest private sector universal bank, YES BANK offers an extensive array of products and services through its nationwide network of 1,234 branches, 219 Business Correspondent Business Outlets (BCBOs), and 1,290 ATMs (including CRMs and BNAs) across more than 300 districts in India. YES BANK is a signatory of the Principles for Responsible Banking (PRB) and is, accordingly, working with its clients and customers to encourage sustainable practices and enable sustainable economic activities. Read more.
78% of the world’s 250 largest companies report in accordance with the GRI Standards
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