A carbon tax on livestock emissions is among the measures the Danish government outlined to mitigate the effects of the agriculture industry on the environment and climate change. The government, environmental groups, associations in the agricultural sector, and unions are all parties to the new… Read More »Denmark Declares the First-Ever Agriculture Carbon Tax
Moving from coast to coast, Canadians are switching to electric cars (EVs), which dramatically lowers their annual gas bills. Approximately 320,000 new electric cars were registered nationwide in 2023 alone. In addition to improving public EV charging infrastructure and pushing the country toward a net-zero… Read More »Canadian Government Invites Proposals for Innovative Zero Emission Vehicle Infrastructure Projects
The Ecodesign for Sustainable Products Regulation (ESPR), also known as Regulation (EU) 2024/1781, was implemented by the European Union (EU) on June 28, 2024. A foundation for establishing eco-design specifications for sustainable products is established by this law. In line with the goals of the… Read More »New Ecodesign for Sustainable Products Regulation (ESPR) by EU
Businesses that enforce an internal carbon pricing in all business decisions are 4.1 times more likely to have a transition strategy that aligns with the 1.5°C objective and the Scope 3 target (upstream). Businesses with climate-responsible boards are 4.8 times more likely to have transition… Read More »Companies with Boards Committed to Climate Change Are 4.8 Times More Likely to Meet Scope 3 Targets for a 1.5°C Transition: CDP Report
Importers and manufacturers of certain hazardous substances will need to report annually on the quantities imported or manufactured. In June, 2024, the New Zealand’s Environmental Protection Authority (EPA) issued the Hazardous Substances (Importers and Manufacturers) Amendment Notice 2024, announcing the updates to the reporting requirements… Read More »New Zealand Updates Hazardous Substances Reporting Requirements
Introduction The Swiss Federal Council has proposed a major amendment to non-financial reporting in Switzerland.The changes, which were put out on June 26, 2024, would expand the scope of the Swiss reporting requirements from the current 300 corporations to an estimated 3,500 once they go… Read More »Switzerland Proposes Ambitious Expansion of Sustainability Reporting Requirements
Green innovation comprises all types of innovations that contribute to the creation of key products, services, or processes to reduce the harm, impact, and deterioration of the environment at the same time that optimizes the use of natural resources. There was a time when used… Read More »Recycled Plastic Bottles to Fabric: Green Innovation
In May, 2024, the Indonesian Ministry of Environment and Forestry promulgated Regulation of the Minister of Environment and Forestry No. 7/2024 on Procedures for Issuing Recommendations for Import Permits of Ozone Depleting Substances and Hydrofluorocarbons, which became effective on the date of promulgation. This Regulation… Read More »Indonesia promulgates regulation on import of ODS and HFCs
Collaboration between Micro, Small, and Medium Enterprises (MSMEs) and startups emerges as a powerful driver for sustainable development in an era where sustainability is not only a slogan but a requirement. There is growing pressure on the apparel sector, one of the biggest sources of… Read More »How startups and MSMEs can work together for sustainable development
Summary Under the Sustainable Finance Disclosure Regulation (SFDR), the European Supervisory Authorities (ESAs) have suggested new categories for financial products in an effort to combat greenwashing and provide investors with more information. In addition to improving consumer protection, the suggested categories “Sustainable” and “Transition” are… Read More »ESAs Propose New SFDR Categories to Combat Greenwashing and Enhance Investor Clarity
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