Carbon accounting can be a daunting task, especially when it comes to Scope 2 and Scope 3 emissions. Sustainability accounting software solves the challenge of accurately tracking, managing, and reducing an organization’s environmental impact, particularly carbon emissions and resource consumption. It simplifies compliance with complex sustainability regulations, reduces inefficiencies, identifies…
Category: Regulations
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Europe Relaxes Rules on Company Climate Reports
Officials are seeking to boost competitiveness and reduce the regulatory burden on businesses. The European Commission has adopted new proposals that will cut red tape and simplify EU rules for citizens and business. In the recent Competitiveness Compass, the Commission set out its vision to make the EU’s economy more…
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Legal Background for Climate Reporting in Switzerland
On January 1, 2024, the Climate Reporting Ordinance came into force. The Climate Reporting Ordinance is based on the indirect counterproposal to the Responsible Business Initiative (RBI) and provides large Swiss publicly traded companies, banks, and insurance companies with guidance and clarity on the information they must include in their…