A new era of EU regulation is coming now that the Corporate Sustainability Reporting Directive (CSRD) and the EU taxonomy Regulation are taking shape. What does this mean for your company and what new risks and opportunities does the regulation bring?
With the COP26 currently being held in Glasgow the climate crisis remains a high topic on the agenda for organizations. How can they address the greenhouse gas emissions in their value chain (Scope 3)?
Together with the experts from Cority, we organized two webinars where we give you insights into how to meet these new requirements, how you can gather the necessary data and what role digital solutions play with regards to the reliability and quality of your sustainability-related data.
The interaction between the real economy and the financial market is one of the essential elements in proactively shaping a sustainable and decarbonized transformation. European decision-makers have likewise acknowledged that and developed a path for Responsible Investing in the form of the EU Sustainable Finance Action Plan. The action plan aims to use financial approaches and instruments such as the Transparency and EU Taxonomy Regulation to promote a sustainable and resource-efficient economy. The EU Taxonomy is intended to introduce a uniform classification system for sustainable economic activities – initially in the area of climate and environmental protection – in the EU. This will expand and change the requirements for non-financial or sustainability reporting in companies in practice.
How can you reliably and transparently meet these new requirements through digital transformation? Get an understanding of the EU taxonomy – its ambition, its goals and, above all, its effects and requirements for future sustainability reporting in practice.
An agitated civil society, led by the young climate activist Greta Thunberg, has increased the pressure on politicians and businesses to take bold action against climate change. And the financial market is also increasingly concerned with the climate impact of industries and is increasing the pressure in turn – especially through the EU taxonomy. For most companies, the first step is to identify and assess their corporate carbon footprint (CCP), the so-called CO2 balance or climate balance. Scope 1, 2 and 3 climate data (according to the Greenhouse Gas Protocol) are used to measure how much CO2 a company emits directly and indirectly along the value chain. In practice, measuring the indirect Scope 3 climate data poses particular challenges for companies.
Gain insight into the world of corporate carbon footprinting and its requirements for professional data management. We will walk you through the challenges in corporate practice but above all share practical tips for collecting Scope 3 climate data, which can be considered the crowning achievement of the carbon footprint. Learn how to meet these challenges with a digital solution to bring reliability and quality to your climate data.
Senior Consultant, Sustainalize
Sustainability Advisor, Cority
Product Manager, Cority
Product Manager, Cority
On Tuesday, the 14th of March, we are hosting a first webinar about SBTi’s Forest, Land and Agriculture (FLAG) Guidance as part of a series on the new developments around land based emissions. During this webinar we dive deeper into how this sector guidance impacts companies with land based emissions in their value chain.
info@sustainalize.com
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