The Role of Education in Addressing Climate Change
According to a Marist poll this year, 85% of Gen Z is very or somewhat concerned about the climate crisis. They are more likely to believe that the climate crisis…
Decarbonizing the Corporate World: A Path to Sustainability and Profit
In the last couple of years, an increasing number of companies have pledged to significantly reduce their carbon footprints. More than 6,000 companies have signed up through the Science Based…
To Comply or Not Comply With CSRD
With the first reporting deadline for the European Union’s Corporate Sustainability Reporting Directive (CSRD) less than 6 months away, companies should be preparing for compliance. The directive is intended to…
Key CBAM Reporting and Implementation Phases
The European Union’s Carbon Border Adjustment Mechanism (CBAM) is a new trade policy designed to prevent “carbon leakage.” This occurs when companies relocate their operations to countries with less stringent…
SEC’s New Climate Disclosure Rules for Corporate Reporting on Climate Risk
On March 6, 2024, the US Securities and Exchange Commission (SEC) adopted new climate disclosure rules requiring public companies to disclose climate change-related information in their SEC filings. The rules…
Navigating CBAM: Implications and Strategies for Global Supply Chains
The Carbon Border Adjustment Mechanism (CBAM) is a carbon tariff on carbon intensive products, such as steel, cement and some electricity, imported to the European Union (EU). The goal is…
Supply Chain Audits Are a Key Tool for Corporate Sustainability
Sustainability supply chain audits are increasingly important due to regulatory pressures, and growing customer awareness of environmental and social impacts. There is also a scarcity of natural resources highlighting the…
Preparing for the Corporate Sustainability Due Diligence Directive
On July 5, 2024, the European Union’s (EU) Corporate Sustainability Due Diligence Directive (CSDDD) was issued, requiring member states to incorporate it into their national laws by July 26, 2026,…
CBAM Reporting for US Companies
The European Union (EU) has taken a bold step to help member states address climate change with a new carbon regulation called the Carbon Border Adjustment Mechanism (CBAM). While the…