Introduces more detailed reporting requirements on companies’ impact on the environment, human rights, and social standards, as well as governance factors based on common criteria in line with EU’s climate goals. Applicability: Reporting obligations as of 2024 – 2026 with sectoral standards TBD.
The European Commission has adopted a set of proposals to make the EU’s climate, energy, transport, and taxation policies fit for reducing net greenhouse gas emissions by at least 55% by 2030 aligned with the Paris Climate Agreement. Read more here.
The initiative will require companies to substantiate claims they make about the environmental footprint of their products by using standard methods for quantifying them.
The aim is to make the claims reliable, comparable and verifiable across the EU – reducing ‘greenwashing’. Expected entry into force after 2024.
In 2010, SEC staff issued guidance stating that climate change could impact business operations as it carries material risks that affect financial performance, and anything that could impact financial performance should be communicated to investors. The rule will provide specific guidance to publicly-traded companies regarding how they communicate their climate-related risks. Now is the time to ensure your company’s emissions tracking and climate strategy are robust, accurate, actionable, and audit-ready. This new rule will be published in Fall 2023.
The Federal Trade Commission’s Green Guides are designed to help marketers avoid making environmental claims that mislead consumers. The next revision will be made in 2024.
Presenters: Erika Kazi, Head of Sustainability Services, flaik
Chris Vanderbilt, Procurement Consultant
Net zero and climate action efforts are vastly ignoring an opportunity to not only reduce their impact on the environment but also promote long lasting societal impacts through supply chain mitigation. Also, gain insight into how your organization can begin to understand and mitigate risks to your supply chain to ensure continuation of business.
Presenters: Laura Hoch, Material Innovation, Patagonia
Todd Copeland, Copeland Consultancy LLC
SIA will host a discussion about how brands are phasing out PFAS (also known as PFC’s) from their products in anticipation of new and emerging state-level regulations. Join us for a chance to learn from one another about this evolving landscape of imminent bans and reporting requirements on products containing PFAS.
What’s your goal: net zero, carbon neutral, or climate positive? What’s the difference? Here is a quick primer to help you better understand the difference between these terms.
https://plana.earth/academy/what-is-difference-between-carbon-neutral-net-zero-climate-positive