What Does the EU Corporate Sustainability Reporting Directive (CSRD) mean for the Shipping & Logistics Industry?
CSRD: Why It Matters for Shipping The Corporate Sustainability Reporting Directive (CSRD) is the European Union’s latest move to advance corporate transparency and accountability regarding sustainability. As an enhancement to the Non-Financial Reporting Directive (NFRD) established in 2014, the CSRD raises the bar by mandating sustainability reporting from more companies, expanding disclosure requirements, and applying […]
The Growing Role of State-Level Initiatives and AI in Climate Transparency and Sustainability
Addressing Climate Change Through Regulation and Innovation As climate change becomes an ever-pressing concern, regulatory bodies and industry leaders are intensifying efforts to manage and disclose the associated risks. Two pivotal developments are California’s Climate Corporate Data Accountability Act (SB 253) and the application of artificial intelligence (AI) in Environmental, Social, and Governance (ESG) reporting […]
Navigating Towards Net Zero: The Superyacht Industry’s Journey
What is Net Zero? Net Zero refers to achieving a balance between the greenhouse gases emitted into the atmosphere and those removed from it. This equilibrium is reached through a mix of emission reductions and methods to absorb or offset remaining emissions, such as reforestation or carbon capture technologies. The primary aim of Net Zero […]
The Shifting Landscape of Climate Disclosures: SEC and California’s Impact on Businesses
In 2024, the Securities and Exchange Commission (SEC) released a groundbreaking final rule on climate-related disclosures for businesses, sparking immediate legal challenges across multiple jurisdictions. Simultaneously, California passed its climate-related disclosure laws, SB 253 and SB 261, in 2023, and SB 1305, also facing legal scrutiny. These legislative moves represent significant shifts in regulatory landscapes […]
How to navigate the SEC’s New Emissions Rule: A Guide for Investors and Companies
In a significant development for corporate transparency and climate risk assessment, the Securities and Exchange Commission (SEC) recently passed a new rule mandating emissions disclosure for publicly traded companies. This rule, while aiming to provide investors with critical information regarding greenhouse gas emissions and climate-related risks, has sparked debates and controversies within the financial and […]
Seven (7) Corporate ESG & Climate Trends in US and Canada to watch out for 2023 and beyond
By Prof Nikos Avlonas President CSE (www.cse-net.org) Adjunct Professor UIC The landscape of ESG is certainly changing in North America. ESG investing, new SEC and IRA legislations, climate change risks are shaping global conversations. We have identified Seven Major Trends for 2023 and beyond that will shape the future in North America. Additionally […]