Sustainability regulations
Sustainability regulations and related sustainability legislation consist of a wide range of EU-level requirements, reporting standards and sector-specific regulations that guide the operations of companies. Green Advisors supports organizations in interpreting these requirements, developing processes and ensuring reporting so that sustainability work meets both current and future regulatory obligations.
EU Taxonomy Regulations and Do No Significant Harm principle
“Do no significant harm” (DNSH) is an EU principle of sustainable finance and taxonomy, according to which projects to be funded must meet certain requirements.
Double materiality assessment
Double materiality means that companies evaluate sustainability themes from two perspectives: how the company’s operations affect sustainability issues and how sustainability issues affect the company’s operations.
Environmental claims
Environmental claims (“green claims”, “greenwashing”) are exaggerations of sustainability or misleading communication in which a company presents itself as more sustainable than it actually is.
EU Carbon Border Adjustment Mechanism (CBAM)
EU Carbon Border Mechanism (CBAM) obliges importers of, among other things, steel and aluminum to declare the amount of CO2 imported.
EU Regulation on Deforestation
Companies must demonstrate the deforestation-free nature of their products and raw materials through due diligence and traceability requirements.
Digital Product Passport and Ecodesign
The information requirements for the Digital Product Passport are currently being standardized.
