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Beyond compliance
Overcoming the barriers to decarbonizing supply chains and achieving accurate data
Navigating evolving climate , sustainability , and ESG legislation and their respective requirements for reporting and compliance can seem like a labyrinth . New frameworks , covering a multitude of organizations in multiple jurisdictions – many interlinked and interrelated – seem to be arising all the time . As urgency to meet the Paris Agreement goals and EU Green Deal increases , so too does the sophistication of regulations and scrutiny on reporting .
Much of the pressure in the EU stems from three key frameworks : the EU Corporate Sustainability Reporting Directive ( CSRD ) and its subsequent enforcement guideline , the European Sustainability Reporting Standard ( ESRS ); the EU Carbon Border Adjustment Mechanism ( CBAM ); and the Corporate Sustainability Due Diligence Directive ( CSDDD ).
Coming down the line is the EU deforestation regulation which , from the end of 2024 , will obligate businesses to analyze and report on any links to deforestation up their supply chains . On the horizon in the UK is also another CBAM , further details of which were recently announced . While reporting requirements vary between each framework , what these policies have in common is the need for accurate , consistent Scope 3 emissions data .
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