For many companies, especially those with extensive supply chains, Scope 3 emissions represent the largest portion of their total greenhouse gas (GHG) emissions, often accounting for 70% to 80% of…
To reduce the administrative burden from its Green Deal laws, the European Commission (EC) introduced its first Omnibus Simplification Package on February 26, 2025. A key part of this package…
To effectively reduce indirect carbon footprints and drive supply chain sustainability, companies must begin by establishing a baseline for their Scope 3 emissions. These indirect emissions, which occur within a…
Carbon Border Adjustment Mechanism (CBAM) proposals in the United States are gaining bipartisan momentum, especially after the European Union passed its CBAM in October 2023, which will be gradually implemented…
Climate change, as a pressing global threat, underscores the need for companies to adopt sustainable practices that help them identify and overcome challenges stemming from environmental factors. According to an…
Since the European Union’s Carbon Border Adjustment Mechanism (CBAM) framework was launched and began its transitional period in October 2023, companies around the world have received an increasing number of…
Blockchain is a distributed database or ledger shared across a computer network’s nodes. The technology is best known for its crucial role in accountability, authentication, and verifiability in cryptocurrency systems,…
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…
Sustainable procurement, also known as green procurement or ethical sourcing, refers to the process of integrating environmental, social, and governance (ESG) factors into procurement decisions. This approach aims to balance…
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…
