Sustainability reporting standards
Sustainability has been a topic of growing importance for quite some time and has recently transitioned from technical discussions centred on reducing carbon footprint and conserving natural resources to also e…
New calls will support sustainable water management and circular economy in businesses
On 14 September 2023, the Ministry of Industry and Trade announced two long-awaited calls to promote more efficient resource management. Specifically, the “Sustainable Water Management” call, aimed at sustainab…
Unlock the potential of digital procurement: how digital procurement can help you achieve and track your sustainability goals
As businesses strive to remain competitive, sustainability has become an increasingly important consideration. In recent years, more and more companies have adopted digital procurement as a means to meet their …
Carbon tax approved: new obligations for importers
The EU’s Carbon Border Adjustment Mechanism (CBAM) is a landmark tool to put a fair price on the carbon emitted during the production of carbon intensive goods entering the EU, and to encourage cleaner industri…
EU Corporate Sustainability Reporting Directive
The Corporate Sustainability Reporting Directive (CSRD) was published in the Official Journal of the European Union on 15 December 2022, and it entered into force on 5 January 2023. The transposition period for…
Innovation Fund: €100 million for innovative cleantech projects
On 30 March, the European Commission launched the third Innovation Fund “small-scale call for projects” (with a total budget up to EUR 7.5 million) to support the deployment of innovative low-carbon technologie…
ESG: What is the danger of social washing?
What springs to your mind when you hear “social washing”? Nowadays, we come across this term more and more often. It refers to the discrepancy between a company's perceived commitments to social issues and the …
The Sustainable Finance Disclosure Regulation: New rules for financial service providers
The Sustainable Finance Disclosure Regulation (SFDR) is one of the core actions initiated by the EU’s action plan on financing sustainable growth. As it bears the legal form of regulation it is directly applica…
CBAM: New EU emission-reducing measure to ensure competitiveness of companies
The Carbon Border Adjustment Mechanism (CBAM) is the European Union’s instrument for setting a fair price for the carbon released in the production of goods imported into the EU while promoting cleaner industri…