"Sustainable Certification" News Archive

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.

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 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.

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

England's 'Maximizing Resources, Minimising Waste' program aims to transform the textile industry through an extended producer responsibility scheme, product life extension, material diversion, and the promotion of a robust textile recycling industry.

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.

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.

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 EU's adoption of the Global Reporting Initiative (GRI) template ensures smooth compatibility with the Corporate Sustainability Reporting Directive (CSRD), streamlining reporting processes and fostering harmonization, thereby addressing challenges arising from heightened reporting requirements.