Be regulation-ready: The right way to track emissions for new & emerging sustainability mandates
While carbon accounting has been around for years, recent and upcoming regulations across the globe are escalating its importance.
The U.S. Securities and Exchange Commission (SEC) finalized their climate disclosure rule, mandating GHG emissions reporting for publicly listed companies.
Under the November 2022 Corporate Sustainability Reporting Directive (CSRD), European corporations and non-EU businesses generating over €150 million inside the EU must track and report the greenhouse gas (GHG) emissions that their operations generate, as well as the GHG emissions across their supply and value chains. And in California, the Climate Corporate Data Accountability Act (SB 253), passed last October, will require certain companies doing business in the state to disclose their Scope 1 and 2 emissions to an independent reporting organization.
With these regulations continuing to develop — and with more legislation to come globally — if you haven’t been tracking GHG emissions on a formal basis, you’re going to have to start soon.
Download this checklist to learn more about best practices for implementing a comprehensive carbon accounting solution and getting ESG regulation-ready.