Normative.io’s Post

Attention sustainability pros – especially thoseworking with compliance! July brought significant developments in #SustainabilityReporting legislation. At Normative, we're constantly monitoring these changes. Our latest news roundup summarizes these developments and explains what they mean for your business: 🇪🇺 The EU's #CSDDD is now in force, introducing new sustainability due diligence requirements. 📄 EFRAG has provided valuable clarifications on ESRS to clarify your #CSRD reporting processes. 🇺🇸 California is considering delays to climate disclosure laws, but new regulations are probably still on the horizon. For detailed insights and actionable recommendations, check out our full article linked below! Normative.io

Attention sustainability pros – especially those working with compliance! July brought significant developments in #SustainabilityReporting legislation. Our latest news roundup summarizes these developments and explains what they mean for your business: 🇪🇺 The EU's #CSDDD is now in force, introducing new sustainability due diligence requirements. 📄 EFRAG has provided valuable clarifications on ESRS to clarify your #CSRD reporting processes. 🇺🇸 California is considering delays to climate disclosure laws, but new regulations are probably still on the horizon. At Normative, we're constantly monitoring these changes. For detailed insights and actionable recommendations, check out our full article linked below! Normative.io

Attention sustainability pros – especially those working with compliance! July brought significant developments in #SustainabilityReporting legislation. Our latest news roundup summarizes these developments and explains what they mean for your business: 🇪🇺 The EU's #CSDDD is now in force, introducing new sustainability due diligence requirements. 📄 EFRAG has provided valuable clarifications on ESRS to clarify your #CSRD reporting processes. 🇺🇸 California is considering delays to climate disclosure laws, but new regulations are probably still on the horizon. At Normative, we're constantly monitoring these changes. For detailed insights and actionable recommendations, check out our full article linked below! Normative.io

Attention sustainability pros – especially those working with compliance! July brought significant developments in #SustainabilityReporting legislation. Our latest news roundup summarizes these developments and explains what they mean for your business: 🇪🇺 The EU's #CSDDD is now in force, introducing new sustainability due diligence requirements. 📄 EFRAG has provided valuable clarifications on ESRS to clarify your #CSRD reporting processes. 🇺🇸 California is considering delays to climate disclosure laws, but new regulations are probably still on the horizon. At Normative, we're constantly monitoring these changes. For detailed insights and actionable recommendations, check out our full article linked below! Normative.io

After nearly 2 years, the U.S. Securities and Exchange Commission (SEC) is set to vote on its climate disclosure rule next week. Reports indicate a significantly watered-down rule, with the removal of not Scope 3 greenhouse gas reporting requirements. Additionally, it may make Scope 1 and Scope 2 optional based on whether the disclosure is determined material. This development occurs against the backdrop of the European Union’s recent setback in passing its corporate sustainability due diligence directive. As we analyze these policy trends, what implications do you see for corporate environmental responsibility? Share your perspectives below. 👇 https://lnkd.in/g497FrWB

Social pressures should be driving businesses to do better in sustainability and the environment. Decisions by any stakeholder should be well informed, and that's where climate reporting comes into play. Australia's mandatory climate reporting law is just for reporting, not carbon emissions reduction. "The law does not directly require any organisation to reduce its greenhouse gas emissions or change its operations. It simply requires companies to report." Without standardised, mandatory reporting, how can stakeholders make informed decisions? No doubt there will be cases of greenwashing. There will be creative accounting. But over time, these will be flushed out because most are or will be trying to do the right thing. If you need help with the data and technology strategy and implementation to support your ESG and climate reporting activities, say hello@tutxi.com. https://lnkd.in/gCBWji67 #ESG #ClimateReporting #CarbonAccounting #DataManagement #DataGovernance

With regulations like the CSRD and the SEC's new climate risk rule requiring more and more companies to disclose their GHG emissions, developing a system for tracking and reporting your emissions has never been more important. Download this checklist to discover best practices for implementing a comprehensive carbon accounting solution and getting ESG regulation-ready.

Yesterday the SEC approved their new, and much anticipated climate-disclosure rule. The rule dropped their Scope 3 requirement initially proposed in March 2022. "While the new SEC rule won’t require some companies to report Scope 1 or 2 emissions, or any companies to report Scope 3, Gensler noted that many companies will be required to disclose on these areas to comply with reporting requirements being introduced in other jurisdictions. The EU’s Corporate Sustainability Reporting Directive (CSRD), for example, extends the reporting requirements to non-European companies that generate over €150 million in the EU, and also includes Scope 3 reporting. Similarly, California Governor Gavin Newsom recently signed a bill into law which will effectively require large U.S. companies that do business in the state to disclose their full value chain emissions." Click the link below for the full article from ESG Today. 🔗 https://lnkd.in/g2bt8DMD #sec #esg #esgreporting #climatedisclosure

🇺🇸 America, I love you but you are breaking my heart...a bit 💔 Yesterday the SEC chose to withdraw scope 3 legislation which would have kept the US in step with EU’s Corporate Sustainability Reporting Directive in 2025 and California's scope 3 reporting requirements in 2027. We need transparency in direct emissions. The SEC did progress forward with a phased/size-dependent implementation. But opposition from a strong corporate lobby prevented value-chain carbon emissions reporting, which is often 80%+ of the consumer corporates that we work alongside. https://lnkd.in/evnj6uxg