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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 […]
Can the US catch-up with EU & Canada and revive their sustainability (ESG) regulations?
Globally, countries are stepping up their game to greater sustainability, mainly climate change, into their financial industries. The plans are most advanced in the European Union and Canada. In the last few years, multiple countries have made progress in developing sustainable-finance plans to help direct investment to climate solutions. On the other hand, the […]
The EU Commission is stepping into 2021 with Sustainability (ESG) at the forefront
The EU Commission believes that EU based companies are gradually focused on the short-term financial benefits of shareholders rather than their long-term interests and sustainable value creation, a recent study has found. If this is indeed a fact, it runs a risk of hurting the investment capacity of firms and damage cash flow. For […]
4 Trends for Sustainability C-Suite Executives to consider during Recovery Planning
By Nikos Avlonas, President and Founder of CSE The process of recovery from the Covid-19 epidemic must integrate sustainability as its core philosophy in order for this “new reality” in which we find ourselves in to become an improved version of the past. Last week, the EU Alliance for a Green Recovery called […]