Why EU Carbon Price Convergence Matters After 2030

Under the European Green Deal and the “Fit for 55” legislative package, the EU strengthened its carbon pricing framework to support the legally binding target of climate neutrality by 2050 (Regulation (EU) 2021/1119 – European Climate Law). Today, the EU operates multiple climate policy instruments, including: EU ETS (Directive 2003/87/EC, as revised in 2023) – […]
Double Materiality in Canada: What ESG Professionals Need to Know

Double materiality is no longer just a European regulatory concept. It is becoming a practical requirement for many Canadian organizations operating in global markets. As sustainability expectations rise, ESG professionals in Canada must understand how double materiality affects reporting, strategy, and risk management. Double materiality assesses both how sustainability issues impact a company’s financial performance […]
How EU regulations affect Canadian companies

Many Canadian companies still believe that European Union regulations apply only within Europe. That assumption no longer holds. Today, EU sustainability and ESG regulations affect more than 1,000 Canadian companies, even when those companies operate primarily outside the EU. The reason is straightforward. The EU has tied regulatory compliance to market access, supply chains, and […]
UK’s Carbon Border Adjustment Mechanism (CBAM): What Businesses Need to Know

The UK’s Carbon Border Adjustment Mechanism (CBAM), set to take effect on 1 January 2027, marks a pivotal development in global climate policy. Designed to combat carbon leakage and level the playing field between domestic and foreign producers, CBAM introduces a carbon price on imported goods from specific high-emission sectors. Find out below the most […]
EU introduces the world’s first Carbon Border Tax. How global producers will be affected

By Nikos Avlonas, President of CSE The European Commission has recently announced plans for a new carbon border adjustment mechanism (CBAM), or well know as Carbon Border Tax which would levy charges on non-EU products in relation to their embedded carbon footprint. The mechanism will be phased in gradually from 2026 and will initially […]