Could the Waste Electrical and Electronic Equipment (WEEE) directive affect your business?
Termed “Waste Electrical and Electronic Equipment” (WEEE), every year an estimated 2 million tonnes of WEEE items are discarded by householders and companies in the UK.
What is environmental, social and governance (ESG) policy?
What is environmental, social and governance (ESG) policy?
Environmental, Social, and Governance (ESG) is a framework that helps businesses understand and measure their impact on society, the environment and how transparent and accountable it is.
Measurement of ESG criteria could differ widely from business to business
Sustainability certification: Which ones are right for your business?
Sustainability is of growing importance in the UK business landscape, despite current economic challenges, with companies facing a range of pressures from government regulation, consumers, employees, and investors.
The impact of MEES on real estate: How to stay compliant and sustainable
If you don’t measure, it could be a challenge to manage – and that maxim could be applied to a company’s carbon emissions. But measuring greenhouse gas emissions can be far from straightforward, which is one reason why the Greenhouse Gas Protocol (GHGP) (1) was developed by the World Business Council for Sustainable Development and the World Resources Institute.
UN SDG compliance: How businesses can align with global sustainability goals
The United Nations set 17 Sustainable Development Goals (SDGs) in 2015 to address climate change, provide clean water, eradicate extreme poverty and other needs by 2030 with more than 190 countries adopting these.
At the midpoint in 2024, these global goals have developed into a comprehensive framework for business strategy, growth, and risk management.
From carbon footprints to financial statements: The role of GHG protocol in TCFD
The Task Force on Climate-Related Financial Disclosures (TCFD) and the Greenhouse Gas (GHG) Protocol are core elements in Environmental, Social, and Governance (ESG) regulations.
The TCFD and the GHG Protocol offer reporting frameworks for companies to shape and disclose data around sustainability. The TCFD focuses on how organisations report climate-related information and the GHG Protocol provides standards for measuring and reporting greenhouse gas emissions.
The essentials of External Assurance Standards: Key features and principles for reliable reporting
External assurance standards provide guidelines on financial and non-financial reporting, helping to build trust and confidence in the information being published.
It is becoming more common in the UK, especially for ESG (environmental, social, and governance) reporting, thanks to increased demand for more reliable reporting and new regulations, such as the Corporate Sustainability Reporting Directive (CSRD).
From regulation to action: Making sense of CSDDD and OECD guidance
The Corporate Sustainability Due Diligence Directive (CSDDD) sets out a corporate due diligence duty for large companies to identify and address adverse human rights impacts such as child labour and environmental impacts.
Business Compliance
Consider acting now to potentially avoid ESOS 3 fines
The deadline for ESOS Phase 3 compliance took place at the beginning of June 2024 and following a further consultation period, the Phase 4 compliance deadline will be in 2027.
The difference between Scope 1, 2 and 3 emissions
If you don’t measure, it could be a challenge to manage – and that maxim could be applied to a company’s carbon emissions. But measuring greenhouse gas emissions can be far from straightforward, which is one reason why the Greenhouse Gas Protocol (GHGP) (1) was developed by the World Business Council for Sustainable Development and the World Resources Institute.
ESOS Phase 4: What does it mean for your business
Phase 4 of the Energy Savings Opportunity Scheme (ESOS), which requires large businesses in the UK to carry out an audit of the energy used by their buildings, industrial processes and transport at least every 4 years, was launched recently.
Packaging: What producers need to know about new sustainability regulations
New sustainability regulations have changed the way that UK businesses carry out their recycling responsibilities around packaging.
Extended Producer Responsibility (EPR) packaging rules mean that businesses may need to report packaging data, and meet recycling responsibilities, with fees to be added from 2025.
The Carbon Border Adjustment Mechanism: What exporters need to know
The European Union's Carbon Border Adjustment Mechanism (CBAM) is a tax on “imported carbon” that affects exporters to the EU, including those in the UK.
Imported carbon covers greenhouse gas emissions when goods and services are manufactured and transported for consumption in one country but are produced in another country. The CBAM came into effect in a transitional phase on 1 October 2023.
The UK's SDR regulations: Preparing for 2025
The UK's Sustainability Disclosure Requirements (SDR) are designed to increase transparency and accountability of sustainability in the financial markets.
There is a focus on investment products, with a requirement for firms to disclose information about sustainability aspects while preventing "greenwashing" through strict labelling and marketing rules.
Getting ready for 2026: A guide to I SSB S1 & S2 and UK Regulations
The government is adopting two main disclosure models set by the International Sustainability Standards Board (ISSB) with modifications for UK businesses.
The ISSB IFRS S1 and IFRS S2 standards are expected to apply to accounting periods beginning on or after January 1, 2026, with public consultation on the standards set for this spring.
Understanding CDP surveys and their role in ESG reporting
A Carbon Disclosure Project (CDP) survey is a questionnaire that companies can complete to disclose their environmental impacts, allowing them to be assessed and scored on their environmental performance, which is a key component of Environmental, Social, and Governance (ESG) reporting.
What is Scope 3?
Understanding Scope 3 is going to become crucial in the development of net zero plans, financial reporting and the culture of business over the next decade and beyond…
Low carbon energy: How renewable energy certificates work
Businesses across the UK are seeking ways to reduce the amount of greenhouse gases that their operations release into the atmosphere, directly and indirectly. SaveMoneyCutCarbon has seen a rising trend for businesses across most sectors to find the expertise and knowledge that will reduce their carbon footprint.
SECR explained: Simplifying energy and carbon reporting for UK businesses
Streamlined Energy and Carbon Reporting (SECR) is a mandatory UK government framework that replaced the Carbon Reduction Commitment (CRC) Energy Efficiency Scheme in April 2019.
The Soft Commodities Compact: A financial approach to deforestation-free supply chain
The Soft Commodities Compact (SCC) was a banking initiative with the goal of reducing deforestation in the supply chains of soft commodities.
It was jointly created by the Cambridge Institute for Sustainability Leadership (CISL), the Banking Environment Initiative (BEI) and the Consumer Goods Forum (CGF).
Navigating CSRD and ESRS: What businesses need to know
The Corporate Sustainability Reporting Directive (CSRD) and the European Sustainability Reporting Standards (ESRS) are legally binding initiatives for companies to give provide details on performance.
The CSRD is the framework and the ESRS details the reporting standards. CSRD was introduced in January 2023 by the European Commission with the purpose to modernise and strengthen rules on social and environmental information which companies need to report.
Driving sustainability: How RE100, EP100, EV100, and WGBC NZB are shaping corporate climate commitments
Transition to a global low-carbon economy propelled by strategies to reduce carbon emissions and lessen negative impacts from climate change is being supported through a range of initiatives, including RE100, EP100, EV100, and WGBC NZB.
Each initiative has specific goals and are guided by the Climate Group and the World Green Building Council. Here’s a brief breakdown of each.
TPT: Helping businesses navigate climate transition and net zero goals
The UK Transition Plan Taskforce (TPT) has set guidelines for businesses to navigate transition to a low-carbon economy, providing a framework for developing comprehensive and credible net zero plans.
The TPT was active from April 2022 to October 2024 and engaged with more than 600 organisations globally, including financial institutions, corporates, governments, regulators, and civil society.