Regrow Ag’s Post

📣 Regulations Timeline Update! We’ve updated our Sustainability Regulation Timeline to reflect the passage of SB 219 in California. What’s new? 📝 ✅ Updated deadline for CARB to release reporting guidelines for SB 253 ✅ Updated blog posts linked to California climate laws (SB 253 and SB 261) with a detailed overview of key updates on SB 219, disclosure requirements, important dates, and our recommended next steps Stay ahead of the curve with our updated timeline – your go-to resource for the latest U.S. and EU regulations, necessary actions, and deadlines! Download it now to ensure your company is prepared for what’s coming next, and count on us to keep you informed on future regulatory updates. We’ll help you simplify compliance and support your focus on driving long-term sustainability impact 🚀 Link to updated timeline: https://lnkd.in/gNXNqpPi #ClimateRegulation #Sustainability #BespokeESG #SB219 #ClimateDisclosures #California

🌍 𝗖𝗹𝗶𝗺𝗮𝘁𝗲 𝗥𝗲𝗽𝗼𝗿𝘁𝗶𝗻𝗴 𝗔𝗿𝗼𝘂𝗻𝗱 𝘁𝗵𝗲 𝗪𝗼𝗿𝗹𝗱: 𝗡𝗮𝘃𝗶𝗴𝗮𝘁𝗶𝗻𝗴 𝗞𝗲𝘆 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗶𝗼𝗻𝘀 As the global push for climate transparency grows, countries around the world are implementing mandatory sustainability reporting regulations. Whether you’re an investor, corporate leader, or ESG professional, staying ahead of these changes is crucial. Here's a quick overview of climate reporting regulations across 12 key markets: 𝗘𝘂𝗿𝗼𝗽𝗲𝗮𝗻 𝗨𝗻𝗶𝗼𝗻: The Corporate Sustainability Reporting Directive (CSRD) mandates double materiality reporting, enhancing investor access to both financial and impact data. 𝗨𝗻𝗶𝘁𝗲𝗱 𝗞𝗶𝗻𝗴𝗱𝗼𝗺: TCFD-aligned disclosures are mandatory for large companies, offering insights into long-term climate risks and opportunities. 𝗨𝗻𝗶𝘁𝗲𝗱 𝗦𝘁𝗮𝘁𝗲𝘀: The SEC’s climate disclosure rules will soon require companies to report on their Scope 1, 2, and some Scope 3 emissions, critical for understanding their carbon footprint. 🌏 𝗖𝗵𝗶𝗻𝗮, 𝗖𝗮𝗻𝗮𝗱𝗮, 𝗡𝗲𝘄 𝗭𝗲𝗮𝗹𝗮𝗻𝗱, and beyond are all stepping up their climate reporting game, each offering a unique approach to sustainability disclosures, but with a shared focus on transparency. Want to dive deeper into the key regulations shaping climate reporting across the globe? Swipe through the carousel for a country-by-country breakdown! #ClimateAction #SustainabilityReporting #ESG #ResponsibleInvesting #ClimateDisclosure #SustainableFinance #Regulation #GlobalStandards #DoubleMateriality #TCFD #ISSB #SFDR

Given the amount of industry jargon, it’s easy to see why sustainability – and particularly sustainability regulations - are unrelatable to many people. Consider this (tongue in cheek, but near enough accurate) explanation of the current regulatory landscape… “We need to reduce GHGs, measured in CO2e, especially CO2, in order to align with the IPCC AR6 RCPs or SSPs, even though HFCs have a higher GWP. TCFD and SASB were integrated into the ISSB, part of IFRS, which also consolidated the CDSB from CDP and the VRF, before publishing S1 and S2. Meanwhile the FCA introduced SECR and SDR, alongside CSRD (in the form of ESRS by EFRAG), meaning reporting on IROs, and SFDR requires you to measure your PAIs and the TR requires you to DNSH, whilst ESMA has rules on fund names aligning with PABs and CTBs and CSDDD is now coming too. It’s important to have an ESG function to help set SBT and to be part of the likes of GFANZ (founded after COP), IIGCC, UNPRI, NZAM, NZIF or NZAOA. Be sure to measure your ITR, CVaR and WACI and use PCAF and report in line with the SDGs and GRI. Great work is being done by the TPT, whereas the SEC is delayed and TNFD LEAPs are becoming better understood.” While acronyms serve to streamline communication among experts, they can also create barriers to understanding for the general public. Effective communication about climate change requires not only using these acronyms but also ensuring that their meanings are clearly explained. This is essential for fostering broad-based understanding and engagement with climate issues. If anyone would like to understand this regulatory puzzle better, please do reach out!

How is your organisation preparing to tackle all the ever-changing ESG regulations? Join our expert panel to uncover how to leverage sustainability to build trust with your key stakeholders. Sustainability isn’t a 'nice to have' anymore. It’s a must-have. With a host of upcoming climate legislation on the horizon, it’s important that you have an ESG solution you can trust. Our webinar on March 4th at 3pm GST/ 10am EST will give you the chance to hear from sustainability experts on the most pressing topics and opportunities right now, including: -How you can leverage ESG to build trust and attract investors -What’s on the legislative horizon (plus, how you can get ahead of the game...) https://hubs.ly/Q02m3jvJ0 #esg #esgcompliance #esggoals #sustainability

ESG criteria have become increasingly important for investors and companies alike, as they evaluate the long-term sustainability and societal impact of their investments and business practices. Climate change risk is a significant component of the "E" (Environmental) aspect of ESG. Integrating climate change considerations into decision-making processes is essential for long-term value creation and resilience in a changing global landscape. Companies must strategize for upcoming and existing regulatory compliance, supply chain vulnerabilities, and stakeholder and investor pressure, among other key requirements. It's important to note that while there is no one department responsible for all, all departments within an organization hold accountability for different portfolios. Climate change risk is a critical consideration for investors and companies within the broader framework of ESG as it impacts not only environmental sustainability but also financial performance, regulatory compliance, and stakeholder relations. I'm happy to share that I had the opportunity to learn more about this context from TUV SUD! As we move forward towards a more sustainable future, it's essential to stay informed and take action to address climate change risk. Feel free to discuss on collaboration and capacity building at both organisational and individual level ! #ESG #climatechange #sustainability #investing #longtermvalue #resilience #tuvsud #financialinstitutions #organisations

Join our Associate Antea Group USA on 24 April for a webinar focused on the new SEC climate disclosure rules and more ESG regulations titled "Preparing Your Business for ESG Regulations" With the US SEC finalizing its climate disclosure rules and states like California taking legislative climate action, ESG regulations and pressures from stakeholders are becoming ever more complex and challenging to navigate. Whether you're just starting your ESG journey or seeking to refine existing practices, you'll gain insights to focus your limited time and resources, avoid costly missteps, and learn to utilize best practices for emissions calculations and data management as you prepare for the next wave of ESG regulations. Antea Group presenters include: Elizabeth Beck, Sarah King, Erik Foley, and Karly Beaumont Register now to attend live or get the on-demand link following the webinar: https://lnkd.in/eDRCHWYz #InogenAlliance #EHS #Webinars #SEC #ESG #sustainability #environmentalconsulting #internationalbusiness #sustainablefuture

Just a reminder that TODAY, we are hosting a webinar focused on the new SEC climate disclosure rules and more ESG regulations titled "Preparing Your Business for ESG Regulations" With the US SEC finalizing its climate disclosure rules and states like California taking legislative climate action, ESG regulations and pressures from stakeholders are becoming ever more complex and challenging to navigate. Whether you're just starting your ESG journey or seeking to refine existing practices, you'll gain insights to focus your limited time and resources, avoid costly missteps, and learn to utilize best practices for emissions calculations and data management as you prepare for the next wave of ESG regulations. Antea Group presenters include: Elizabeth Beck, Sarah King, Erik Foley, and Karly Beaumont Register now to attend live or get the on-demand link following the webinar: https://lnkd.in/ezQfyjYR #InogenAlliance #EHS #Webinars #SEC #ESG #sustainability #environmentalconsulting #internationalbusiness #sustainablefuture

🏛️ Navigating the SEC Sustainability Rules #5: Market Readiness 🏛️ In our final post of this series, we dive into the Economic Analysis segment of the SEC's rules, assessing the current state of sustainability reporting among registrants. Key Insights: 1. Market Readiness: The SEC estimates that 3,700 of the 2022 respondents traded on the European market and were likely to fall under the scope of the CSRD. This connection is expected to accelerate the adoption of sustainability reporting requirements, easing the transition to comply with the SEC's climate rules. 2. Trend in Climate Reporting: From 2016 to 2022, the SEC notes an increase in the mention of climate-related keywords such as "climate change," "climate risk," and "global warming" in filings. Interestingly, foreign companies slightly lead with 38% mentioning these keywords in 2022, compared to 35% of domestic firms. 3. Reporting differences between companies: In 2022, 68% of LAFs mentioned these keywords, followed by 49% of AFs, and notably lower percentages among NAFs, SRCs, and EGCs. This shows a disparity in reporting practices that correlates with company size and type, explaining the implementation by phases decided by the SEC for its final rules. 4. Sustainability Goals and Targets: The SEC found that 37% of issuers disclosed a climate change policy, with a majority being LAFs. Additionally, 45% have announced or undertaken emission reduction initiatives, 17% only aim for net-zero GHG emissions, and only 11% have set or are planning to set science-based GHG emission targets. Final update on the status of the SEC climate rule: a new survey by Bloomberg Law unveils that most attorneys think the rule will only survive  in part or will be completely overturned. Learn more in ESG Today's article: https://lnkd.in/g5Sp-Hvz To navigate the evolving regulatory changes effectively, book a demo call with us to discover our solutions to streamline sustainability reporting: https://lnkd.in/d9SZ6XVg 💙 #CircularUnity #Sustainability #ClimateAction #SEC #SustainabilityRegulation #CorporateResponsibility

Upcoming Webinar: CLIMATE REPORTING – GETTING READY FOR NEW AUSTRALIAN SUSTAINABILITY STANDARDS In October 2023, the Australian Auditing and Assurance Standards Board (AASB) released an exposure draft (ED) for disclosure of climate-related financial information. The ED includes three proposed Australian Sustainability Reporting Standards (ASRS Standards) that include modifications to the baseline of the ISSB™ Standards with a climate-first approach.. The AASB is proposing the ASRS Standards would apply to annual reporting periods beginning on or after 1 July 2024. In January 2024, the Australian Treasury released its Final Policy position for climate-related disclosures, including Exposure Draft legislation and accompanying explanatory materials. To understand the new standards, @KPMG will be sharing insights on how to prepare for this change and how the market is approaching the challenge. Our panel will discuss: • An overview of ESG landscape and the new reporting requirements • Accountabilities for reporting • Preparing now for the future Our panelists include: • David Travers (ACSA) • Linda Elkins (KPMG) • Dr Lisa Butler Beatty (KPMG) • Nathan Kessey (KPMG) • Marshall Watkins (KPMG) Register today: https://lnkd.in/gFbCueBc

Join our Associate Antea Group USA on 24 April for a webinar focused on the new SEC climate disclosure rules and more ESG regulations titled "Preparing Your Business for ESG Regulations" With the US SEC finalizing its climate disclosure rules and states like California taking legislative climate action, ESG regulations and pressures from stakeholders are becoming ever more complex and challenging to navigate. Whether you're just starting your ESG journey or seeking to refine existing practices, you'll gain insights to focus your limited time and resources, avoid costly missteps, and learn to utilize best practices for emissions calculations and data management as you prepare for the next wave of ESG regulations. Antea Group presenters include: Elizabeth Beck, Sarah King, Erik Foley, and Karly Beaumont Register now to attend live or get the on-demand link following the webinar: https://hubs.la/Q02sybkV0 #InogenAlliance #EHS #Webinars #SEC #ESG #sustainability #environmentalconsulting #internationalbusiness #sustainablefuture