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EFRAG Simplification Announcement: Simplifying sustainability reporting should improve environmental data and prevent greenwashing
The European Financial Reporting Advisory Group (EFRAG) has proposed changes to the Corporate Sustainability Reporting Directive (CSRD) to reduce the reporting burden on firms by 50%. Brendan Kean, ESG Partner at Baker Tilly Ireland, believes these changes will improve the quality of environmental data and prevent greenwashing.
Mark Lumsdon-Taylor Brendan Kean Jul 2, 2025
Major Pillar 2 development: G7 and US reach agreement on global minimum tax
Following a joint statement from G7 countries released over the weekend, it appears that the US Government will remove Section 899 from the “One Big Beautiful Bill” in exchange for concessions provided by the other G7 territories on the OECD’s Pillar II Global Minimum Tax. Irish experts warn, that US tax workaround could harm EU firms, as they could face a competitive disadvantage if the US is given permanent exemptions.
Jul 1, 2025
Advisory
Climate change - all eyes on the EU Commission
Despite the Global Geological Organisation’s damning report on climate change for 2024, the European Union has recently presented options to member states for ways to ease the proposed 2040 climate target.
Mark Lumsdon-Taylor Jun 30, 2025
Advisory
State of the Global Climate report
Mark Lumsdon-Taylor Jun 24, 2025
Tax
ECB setting the foundations for economic revival
Professor Joe Nellis Jun 12, 2025
Audit and Assurance Advisory
EU ESG Bulletin
Mark Lumsdon-Taylor Brendan Kean Jun 10, 2025
Tax
International Tax Summit 2025: Key takeaways
Baker Tilly Ireland, MHA, Baker Tilly Network Jun 9, 2025
UK-EU Reset Briefing: Landmark agreement
Aidan Scollard Jun 4, 2025
Tax
Legal setback: President Trump's tariff plan faces legal obstacles
May 29, 2025
Advisory Tax Construction and Infrastructure Retail, Consumer & Hospitality Technology
Half-year industry updates 2025
May 29, 2025
Advisory Technology
Beyond the façade - the real impact of AI
May 29, 2025
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