Climate & Company

🌳 The success of the latest EU regulatory measures for sustainable supply chains (#EUGreenDeal, #EUDR, #CBAM & #CSDDD) depends on the EU’s cooperation with trade partner countries. 🌍 🤝   This is why in July, our colleagues Elizabeth Tamayo Tabares, Louise Simon and Luan Santos, PhD were in Cairo to present at a 2-day workshop on sustainable supply chains, together with the Union for the Mediterranean (UfM), with the support of the German Development Cooperation(giz). The event gathered stakeholders from different countries of the UfM region.  ➡ We take away three core learnings from our exchanges in Cairo: 💡 Transitioning to sustainable supply chains is challenging. However overcoming these challenges will unlock many economic, environmental and social opportunities for companies of all sizes in partner countries. They increase companies’ #competitiveness by providing a blueprint to act now and be ahead of the curve.   💡 Cross-country and interinstitutional cooperation will be at the core of making the transition to sustainable supply chain work. There is much room to learn from one another, share best practices and work towards change together.  💡 We cannot leave anyone behind. To transition to sustainable supply chains, we must support those that need it the most. Smallholders, local communities and #SMEs need dedicated capacity-building and financial support.    This event was yet another occasion for countries of the UfM region to meet and exchange about their most pressing issues regarding the sustainability transition. It helps to raise awareness about EU regulatory measures and facilitate international cooperation across sectors and countries with different characteristics. 💪 We thank the UfM and GIZ for this collaboration and for facilitating these new encounters. And we thank all participants for their attention, their valuable questions and their inputs. We will look forward to more of these occasions! ❓ ⬇ What challenges or opportunities do you see in the transition towards #sustainablesupplychains? Read more about our work on sustainable supply chains in the extended Euro-Mediterranean Region here: https://lnkd.in/eSn4Zihw   Marwa Farghali Alicia Figueroa Mohammed Elrazzaz Hamed EL ETREBY Giacomo Bogo Yahya Elwathik Bellah A. Nabih Sofia Helena Zanella Carra, PhD

The #CSDDD has been approved, meaning large EU companies will soon need to be able to identify and address environmental impacts in their supply chain. Yet many #investors still don’t know how to think about #biodiversity, and don’t have clarity on biodiversity #metrics. Against this backdrop, tomorrow the 11th of July 2024 at 15:00 CEST, our Co-Founder and CEO Ingmar Juergens be speaking on the #webinar titled "Quantifying Nature: Using biodiversity metrics for sustainable investment", produced by Reuters Events, alongside Claire Elsdon from CDP and Sumati Semavoine-Jain from BNP Paribas.   Key takeaways: • Understand how you can measure nature-related impacts across your supply chain • Learn about new #climate technology being used to build biodiversity-positive portfolios • New #regulations aimed at reducing biodiversity loss will affect you – find out exactly what you’ll need to stay ahead of #compliance   Register here to join us live or receive the recording: https://lnkd.in/drw-597V #SustainableInvestment #supplychain

📣 Berlin Seminar on Taxonomies 📣   🤝 In collaboration with the Research Platform Sustainable Finance (Wissenschaftsplattform Sustainable Finance), Climate and Company is organizing a Berlin Seminar on July 18th titled "Advancing Net-Zero? The Role of Sustainable Finance Taxonomies Worldwide." The seminar aims to provide exciting insights into global taxonomy developments and discuss how they support the transition to climate neutrality. The seminar will not only address transitional aspects, but also the challenges and opportunities in harmonizing these frameworks to enhance global cooperation and effectiveness to make taxonomies work in practice.   🗣 The speaker, Leonard Schmidt, will first present global transition taxonomy trends. Following this, Dr. Catherine Marchewitz from DIW Berlin - German Institute for Economic Research will present her recently published research on global taxonomy developments. Subsequently, Eugene Wong will provide an overview of ASEAN taxonomy developments, and Kim Schumacher, PhD, CEnv will then focus on taxonomy developments in Japan. Finally, our colleague from Climate & Company, Daniel Scharwies, will discuss lessons learned from taxonomy developments in other countries and their commonalities. The webinar will be moderated by Franziska Schütze from DIW Berlin.   👩💻 The Berlin Seminar will take place from 10:00 to 11:30 AM (CET) virtually via Zoom. Join us and gain valuable insights into research and practice in taxonomy developments worldwide. ➡ You can register for the webinar here: https://lnkd.in/dxvK82gn #berlinseminar #webinar #seminar #wpsf #taxonomies #transition #speaker #climateneutrality

📃 With the entry into force of the EU Deforestation Regulation (#EUDR) in June 2023 (and the 18-month grace period on implementation approaching fast), it is natural that businesses in countries that export to the #EU would be interested to know how they will be affected. 🗣 With this in mind, our analysts Paula Pinto Zambrano and Sofia Helena Zanella Carra took part in a session organised by the Agri-Food Systems Sector Chamber of the Conselho Empresarial Brasileiro para o Desenvolvimento Sustentável (Cebds). They presented the EU Deforestation Regulation, detailing its main objectives, scope, requirements, and timeline, as well as the key challenges and opportunities for #Brazil. 💡 They also highlighted the progress Brazil has made in terms of #compliance tools and presented some EU programmes that aim to support producing countries in complying with the #regulation, such as the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH SAFE project (see here: https://lnkd.in/eurYcV4G) where Climate & Company has been working on greening #finance (more details here: https://lnkd.in/dCxpYbd3). 💶 Finance is an important cross-cutting topic, especially for supporting #smallholders in promoting the #transition to #deforestation-free supply chains. This event was a key step on our work on enhancing cooperation between the EU and Brazil for effectively reducing supply-chain driven deforestation as part of our Sustainable Finance Instruments for Sustainable Land Use Project (see here: https://lnkd.in/e6TbXfMM), financed by the Gordon and Betty Moore Foundation. We want to thank CEBDS and Carla Gheler-Costa for the invitation. It is always great to collaborate with CEBDS! #sustainablefinance #supplychains #sustainability

🌳 Deforestation Due Diligence is challenging for financial institutions - how can we make their life easier? The problem is not the data - all the data that financial institutions need to identify deforestation in their portfolios is out there. So far, it was just very resource-intensive for financial institutions to use this data. 👉To respond to this challenge, we sat together with our partners Andra AP-fonden (AP2) and Global Canopy to create a step-by-step guide that makes life easier for financial institutions to use the data available. 💡Our new guide includes - a practical step-by-step approach to make deforestation-related data actionable and due diligence more efficient for financial institutions - an online code repository with an open-source dataset that financial institutions can use and adapt based on their portfolio 🌍 Just three months ahead of the UN Biodiversity Conference COP16, this is the guide for financial institutions to make sustainable finance work in practice. ➡ Have a look at our press release: https://lnkd.in/eYQQfspK ➡ Download the full guide for financial institutions here: https://lnkd.in/eGu3WGQw ➡ The open-source online code repository on GitHub is here: https://lnkd.in/ef5rJfAP 👉Intrigued? This summer, we will host free online workshops to walk you and your institution through the methodology to tackle deforestation due diligence. ✍️Please reach out to our Senior Analyst Malte Hessenius and schedule your session. Thanks to all the co-authors and contributors: Malte Hessenius Marc-Philipp Bohnet Tycho Tax Åsa Mossberg Fiona P. Helen Bellfield Pei Chi Wong Ingmar Juergens #ESGData #DueDiligence #Deforestation #SustainableFinance #COP16 #Biodiversity

📢 Following the workshop in Madrid on Green Taxonomies and ESG Regulations last May, Climate & Company will be in #Cairo on 9 and 10 July to hold a #workshop to raise awareness on EU regulatory measures aimed at mitigating social and environmental impacts throughout global supply chains, together with the Secretariat of the Union for the Mediterranean (UfM), and with the support of the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH. 💡 We will talk about their objectives, scope and the opportunities and challenges they create for the #UfM countries. We aim to support #compliance with these measures and facilitate future international #cooperation.   🔎 Climate & Company has been working on these files and their interlinkages with the broader Sustainable Finance regulatory framework for years. We look forward to sharing our knowledge and having an exchange with participants on their experiences, their best practices and their national policies regarding supply chains. 🤝 International cooperation is vital to the transition towards sustainable global supply chains. This event is at the core of making the #transformation work for all partners along the supply chain! 👉 For more information about the event, click here: https://lnkd.in/dHyxP53a #EUDR, #CBAM, #CSDDD #sustainablefinance #supplychain

👋 It’s never easy to say goodbye! Since August 2023, Katharina Elshorst has helped us along our mission towards making sustainable finance work for business and the planet. 🌿 She was mainly involved in a project on ensuring consistency and ambition in the EU Sustainable Finance Framework with the German Environmental Agency (Umwelt Bundesamt). You can read more about it here 👉  https://lnkd.in/dvn6Au39 🤗 We’re proud to see the incredible growth that Kathi has achieved during her time with us, and she really showed us her versatility, willingness to learn, and her impressive dedication to the cause! Thank you for everything you have done, Kathi, and know that we'll miss you! We wish you all the best on your next step in you career. Here's what Kathi had to say: "I had an amazing time at Climate & Company! I learned so much with every task I was given and felt really supported by my team members! Climate & Company managed to create a truly fun and exciting team. I would say it is a perfect place for a working student as I felt immediately included in the projects I was working on and felt inspired because I felt that the work I was doing was having an impact. I am grateful I was given the opportunity to work here and excited to stay in touch in the future.“ #team #thankyou #career #grateful #experience #climateandcompany #gratitude

📢 The Future of Sustainable Supply Chains: Myths, Facts, Needs & Fixes - Roundtable discussion; 1-3 July 2024. 🌿 The recent introduction of the #sustainability #reporting requirements such as the #EU Deforestation Regulation (#EUDR) and the Corporate Sustainability Due Diligence Directive (#CSDDD) presents a turning point for #businesses within the supply chain. While navigating the complexities of supply chain mapping, verification procedures, and #implementation costs associated with these #regulations can be daunting, they also offer a foundation for gaining a competitive edge. 🗣 This exclusive roundtable discussion at the Point Zero Forum brings together key stakeholders – businesses of all sizes, forward-thinking financial institutions (FIs), and innovative technology providers – to foster collaboration and unlock the full potential of the EUDR and CSDDD. Our International Policy Analyst Paula Pinto Zambrano will join Alexander L.C. Stevens, Cameron Plese, Nicole Sherwin, Pamela Mar, Shinichi Tsunoda, Simon Burns, and Vivek Pathak in this #roundtable discussion moderated by Zhaoqi Zhang in what will certainly be a very engaging and insightful event! 🙌 👉 For more information about the event, click here: https://lnkd.in/dfAgDmkK ❓ What's your take on the EUDR and CSDDD? Do you see any opportunities for your organisation? #PZF2024 #supplychain #financialinstitutions

New White Paper! 📄 We need to direct more financial flows into companies that are becoming green. The Sustainable Finance Disclosure Regulation (#SFDR) can be one of the key instruments to do so by providing a clear framework for labeling transition products and integrating 'transition' more systematically into finance. To inform the review process of the SFDR, we have released our white paper: "Transition Products: Conceptual Clarity & Implementation Guidance," jointly written by Climate & Company (Malte Hessenius, Raphael Tietmeyer and Mayla Wünsche) and Eric Prüßner from Advanced Impact Research GmbH. 🌍📊 📈 What’s Inside? Dive deep into the "transition product" category in public equity markets and explore: 🔹 Key characteristics and potential criteria for transition products 🔹 Practical implementation guidance (illustrated using a global universe of listed companies) 🔹 Evidence-based feedback for regulators to set minimum criteria for financial products This report is part of broader discussions on regulatory efforts in the EU, UK, and beyond to categorise financial products with sustainability characteristics. It also aligns well with the recent publication by the three European Supervisory Authorities (European Banking Authority (EBA), European Insurance and Occupational Pensions Authority (EIOPA), European Securities and Markets Authority (ESMA)) and their joint opinion on the assessment of the SFDR. 🌿 Why Transition Products Matter? Economic activities that are transitioning to become green need better financing conditions. This lies at the heart of the frequently discussed term “transition finance.” The ‘transition financial product category’ has already been implemented by the UK’s Financial Conduct Authority and is also under discussion in the EU’s SFDR framework. The key question revolves around the design characteristics and potential minimum criteria that act as entry points. This is a particularly important topic for the EU and its new Commission. 👉 https://lnkd.in/gFqPEmSy #SustainableFinance #TransitionProducts #ClimateAction #FinancialMarkets #ESG

📢 On Thursday 20th June, from 15:00CET-16:00CET, Reuters Events Sustainable Business are organising a webinar titled: "Understanding evolving sustainable investment regulations in Europe". 🗣 Featuring industry-leading speakers, and moderated by our Senior Analyst Raphael Tietmeyer, this free webinar is certainly for you if you have questions about the regulatory and implementation landscapes. 👉 Be sure to register here: https://lnkd.in/efpuW89F and see below for more information about the event and speakers. #sustainablefinance #sustainableinvestment #EUregulation #webinar