"Sustainable Certification" News Archive

Recent guidance from EFRAG aims to streamline a structured assessment process, echoing historical stakeholder engagement practices in assessing sustainability matters through a double-materiality lens.

The CSRD will revolutionize sustainability reporting, aligning it with financial disclosures by requiring comprehensive ESG reporting, necessitating a substantial expansion in disclosure scope regardless of previous practices.

The evolving discussion on double materiality holds significant implications for accounting standards and finance, with the IFRS set to determine its direction before COP26, shaping the path towards a net-zero economy.

Amidst the SEC's climate disclosure rule, Investor Relations Officers face heightened responsibility in managing reputation, ESG concerns, and financial communications to maintain stakeholder trust.

The SEC has introduced new rules that aim to standardize climate-related disclosures, emphasizing Scope 1 and 2 greenhouse gas emissions.

The newly introduced chain of custody standard by Better Cotton represents a major milestone in the ongoing efforts to create a more sustainable and transparent cotton supply chain.

Mounting regulatory pressures and demand for science-based reduction targets are compelling businesses to prioritize managing Scope 3 emissions, despite challenges in measurement and reduction due to data limitations and operational complexities.

Riveron urges companies to enhance climate reporting capabilities following the SEC's new rule, noting the absence of Scope 3 emissions reporting compared to regulations in California and the EU, highlighting a unique regulatory environment for US firms.

The Fifth Circuit U.S. Court of Appeals has temporarily halted the SEC's new climate disclosure rule, signaling a pivotal moment in the debate over mandatory reporting of climate risks and GHG emissions by companies.

The Aid by Trade Foundation has introduced the Regenerative Cotton Standard (RCS), an innovative approach aimed at addressing challenges in the cotton and textile industry for the benefit of both textile companies and cotton farmers.