Driving Positive Change Through Business Sustainability.
"Coinciding with COP26 and the devastating findings laid out in the sixth Intergovernmental Panel on Climate Change report, regulators have grown increasingly assertive in their efforts to expand the adoption of sustainable business practices. Indeed, 2021 witnessed an unprecedented proliferation of policy instruments intended to accelerate climate action, particularly on carbon.
Just as the European Commission launched its “Fit for 55” package, a suite of legislative proposals aimed at reducing the European Union’s GHG emissions by 55% by 2030, the Biden administration pledged to cut U.S. net GHG emissions by 50-52% below 2005 levels by the same deadline.
Policymakers on both sides of the Atlantic are also increasingly adopting measures to divert the flow of capital in service of sustainable economic activities, through tools such as the EU Taxonomy."
