The EU ‘Green Omnibus’: what is known now?
The European Union is about to take a major step towards simplifying and harmonising sustainability reporting with the introduction of the first in a series of Simplification Omnibus packages. The proposal, which will come into force in 2025, aims to reduce the administrative burden on companies while maintaining high standards of environmental, social and governance […]
Harnessing Sustainable IT for Future-Proof Corporate Sustainability Reporting
Introduction The increasing focus on sustainability and social responsibility is forcing companies to report more transparently on their environmental and societal impact. The Corporate Sustainability Reporting Directive (CSRD) plays a crucial role by requiring companies to deliver comprehensive sustainability reports. IT plays a key role in supporting these reporting requirements and reducing the environmental footprint […]
Unlocking the future of sustainability reporting: Fingreen AI’s simplifies CSRD implementation.
The Corporate Sustainability Reporting Directive (CSRD) represents a significant shift in how companies report on their sustainability practices. The importance of ESG reporting is recognised, but many companies are still reluctant because of the work involved in the reporting process. Preparing a double materiality analysis, approaching stakeholders with questionnaires and interviews, mapping Impacts, Risks and […]
From Silicon to Sustainability
The intertwining of the Anthropocene epoch and the Information and Communications Technology (ICT) industry’s emissions presents a critical juncture for understanding and mitigating the environmental impacts of our digital age.
It is time for KLM to choose!
Breda University of Applied Sciences (BUas) published ‘Evaluation of KLM’s Climate Plan’ on 5 June 2024. Milieudefensie, the study’s client, released the research as follows: ‘KLM is deliberately causing more CO2 emissions with diverted flights. Emissions will not be 48% less in 2030, but 6% more.‘The cause is the large proportion of KLM passengers flying […]
Overview EU legislation and regulations
An avalanche of European laws and regulations is coming our way, aimed at making our society more sustainable. Many of these new laws and regulations fall under the Green Deal, with the intermediate goal of Fit for 55.CircuLaw shows you how to apply these regulations and directives to the circular goals of your municipality or […]
CSRD – regulations on sustainability reporting mandatory from 2024
CSRD stands for Corporate Sustainability Reporting Directive, regulations that govern how organisations should report on sustainability. CSRD (adopted by the EU in April 2021) is the successor to the 2018 Non-Financial Reporting Directive (NFRD). The NFRD prescribes how organisations must report on topics such as human rights, anti-corruption and anti-money laundering, board diversity, social and […]
Everything you need to know about the Global Reporting Initiative
Introduction Increasingly, organisations are voluntarily accounting for the social, governance and environmental aspects of their operations. This accountability is not only important for shareholders and financial institutions. Consumers, employees, trade unions, local residents and other stakeholders also demand transparency and consistent reporting on the governance, social and environmental aspects of the organisation. In English, these […]
Industry 4.0 and the sustainability goals
As a society, we are experiencing an increasing number of challenges to the environment and our way of living. Although some things may be out of our control, others have been of our own making as we have gone through several iterations of industrialisation. We also now seem stuck in the cycle of consumerism, “Make […]
Green Claims Directive
What is it? On 23 March 2023, the European Commission published a new directive on green claims (Green Claims Directive). This bill states that companies must substantiate (green) environmental claims, with the aim of preventing unjustified claims about their environmental performance. Not surprisingly, the EU is drawing up rules against companies advertising ‘ocean-friendly sunscreen’, ‘sustainable […]