Carbon Taxes, Cap and Trade, and Tax Credits
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…
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…
The Environmental Impact of AI and the Path to Sustainability
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…
Best Practices for Sustainable Procurement
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…
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…
Artificial Intelligence Use Cases for Sustainability Are Proliferating
The convergence of AI and sustainability offers a compelling solution to current climate change issues and corporate sustainability programs. Businesses are increasingly using AI to expedite their sustainability initiatives, particularly…
The EU’s Single-Use Plastics Directive and Its Global Implications
Single-use plastics have many negative impacts on the environment and human health. Plastic waste can degrade ecosystems and harm wildlife. Plastic pollution puts marine species at higher risk of ingesting…
Communications Service Providers Adopt Sustainable Practices
Communications service providers (CSPs) are gaining more motivation to implement sustainability initiatives, both due to customer requirements as well as financial benefits. Enterprise customers are increasingly prioritizing sustainability in their…
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…
Distributed Energy Resources Are Transforming the Global Energy Landscape
According to a new report from the International Energy Agency (IEA), global electricity demand is expected to rise sharply in 2024 and 2025. IEA attributes the rise due to robust…