The latest from Sustaira.

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Meet Sustaira: Diogo!

Here at Sustaira we get to know all of our employees very well and we want you to know them too! For every new team member, we ask them the following questions to learn about who they are and why sustainability matters to them. Today, we introduce Diogo Rodrigues Puidival Marques. Read Diogo’s interview and enjoy!

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Meet Sustaira: Rosa!

Here at Sustaira we get to know all of our employees very well and we want you to know them too! For every new team member, we ask them the following questions to learn about who they are and why sustainability matters to them. Today, we introduce Rosa Hegi. Read Rosa’s interview and enjoy!

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New York Unveils Cap-and-invest Program Charging Emitters $1 Billion per Year to Reinvest in Emissions Reduction.

Governor of New York, Kathy Hochul, recently announced a cap-and-invest program to fund a sustainable and affordable future for all New Yorkers are part of the 2023 State of the State. This new cap-and-invest program will charge large greenhouse gas emitters and fuel distributers in New York more than $1 Billion per year. The proceeds from this will hen be reinvested in emissions reduction initiatives as well as supporting vulnerable communities facing rising energy prices.

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Sustaira’s Top MSCI’s ESG and Climate Trends to Watch in 2023

As we move into 2023, we do so with a war in Europe, high inflation, energy markets in turmoil, political uncertainty, an ever growing list of climate-induced disasters, and a rapidly growing pressure on ESG and Sustainability. Based on the report, MSCI’s ESG and Climate Trends to Watch for 2023 we will summarize what experts in the field are watching out for in 2023 and what Sustaira hopes to provide around these topics.

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EU now requires ships pay for their carbon emissions.

Recently, the European Union added shipping to its carbon market. What this means, is now shipping vessels will be required to pay for their emissions, putting a financial incentive on being more environmentally conscious and forcing the entire sector to begin reducing emissions.

This deal which was agreed to by lawmakers and negotiators from the 27-country block would all to the carbon market all carbon dioxide, methane and nitrogen emissions from maritime voyages within the EU.

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Biden-Harris Administration announces the first Federal Building Performance Standard.

This week, the Biden-Harris Administration announced the first federal building standards designed to reduce energy use while electrifying equipment and appliances in 30% of the building space owned by the Federal government by 2030. This announcement was partnered by the U.S. Department of Energy (DOE) announcing a proposal to electrify new Federal buildings and Federal buildings undergoing major renovations. Last and certainly not least, to further drive home the cause, the State of California announced that it will be joining President Biden’s National Building Performance Standard Coalition that has committed to reducing the emissions of existing buildings. These three changes represent massive progress for the U.S. and will certainly have a ripple effect across the US.

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EU announces new rules requiring all recyclable packaging by 2030.

The European Commission proposed new rules on Wednesday that will require the EU market to have all packaging be fully recyclable by 2030. These new rules are a way to reduce packaging waste through increased recycled content in plastic drink bottles and these rules set targets for reuse of single-use materials used for things such as online deliveries.

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EU gives final approval of Corporate Sustainability Reporting Directive (CSRD).

Last month it was announced that the EU was set to become a front-runner in global sustainability reporting standards by formally adopting the Corporate Sustainable Reporting Directive (CSRD). On Monday, the EU Council announced that CSRD was officially adopted and approved. This new directive will expand on the already existing Non-Financial Reporting Directive (NFRD). The hope is that CSRD will introduce more detailed reporting requirements on companies’ impact on the environment, human rights and social standards.

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Low-code Building Block Approach for Sustainability and ESG Software

Today in Sustainability and ESG we are navigating an ever changing and uncertain landscape. For organizations trying to meet new regulations or policies both internally and externally, or simply trying to protect the planet and be more diverse, the common question remains: How do I manage all of our current needs without having to change all my systems or processes every time a policy changes, or each time our goals change?

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EU Companies now required to Disclose their Societal and Environmental Impact.

The EU has become a front-runner in global sustainability reporting standards by formally adopting the Corporate Sustainable Reporting Directive (CSRD). With CSRD officially adopted, this new directive will expand on the already existing Non-Financial Reporting Directive (NFRD). The goal is that CSRD will introduce more detailed reporting requirements on companies’ impact on the environment, human rights and social standards.

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CDP to incorporate ISSB climate-related disclosure standards into global platform.

The week, CDP and the IFRS Foundation announced that CDP will incorporate the International Sustainability Standard Board’s (ISSB) climate-related disclosure standard into its environmental disclosure program. With 18,700 companies, worth half of global market capitalization, disclosing environmental information through CDP in 2022, this integration means there will be a rapid acceleration of early adoption of ISSB climate data disclosure across the global economy.

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European Council requires zero-emission buildings by 2050.

The week, The European Council agreed on a proposal that revised the Energy Performance of Building Directives. These revisions will ultimately make it so that all new buildings should be zero-emissions buildings by 2030, and all existing buildings will be transformed into zero emissions buildings by 2050.

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Meet Sustaira: Richard!

Here at Sustaira we get to know all of our employees very well and we want you to know them too! For every new team member, we ask them the following questions to learn about who they are and why sustainability matters to them. Today, we introduce Richard Bakker. Read Richard’s interview below and enjoy!

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