"Sustainable Solutions" News Archive

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.

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.

BBB Industries, LLC (BBB), a leading sustainable manufacturer serving the automotive and industrial markets, published its 2023 Corporate Sustainability Report (CSR), highlighting the company's sustainable activities and performance.

Lenzing Group partners with Kentaur to create eco-friendly chef uniforms, prioritizing circularity, durability, and functionality while reducing the use of virgin raw materials.

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.

EPDs provide standardized, verified information on a product's environmental impact, essential for informed decision-making and comparison, based on ISO14025 standards and comprehensive Life Cycle Assessment studies.

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.