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…
While Environmental, Social, and Governance (ESG) reporting is often associated with publicly traded companies, it is gaining significance for private companies as well. This movement is due, in part, to…
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…
In recent years, environmental, social, and governance (ESG) investing has gained significant traction with investors who are interested in considering factors beyond financial performance. However, this trend has also faced…
Despite talk of delays, California’s SB 253 and SB 261 appear to be on track for implementation in 2025. Companies will need to collect their Scope 1 and Scope 2…
A carbon tax is levied on the carbon content of fossil fuels. The term can also refer to taxing other types of greenhouse gas (GHG) emissions, such as methane. A carbon…
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…
Artificial intelligence (AI) holds tremendous potential to improve our lives and build a better future for the world. Not only can AI automate mundane tasks, but it can also make…
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…
