What is a Climate Transition Plan? A Climate Transition Plan is the organization’s roadmap in navigating and leading the shift towards a more sustainable, low-carbon future. This plan encompasses a comprehensive action plan, outlining the transformation of a company’s assets, operations, and business models, with an ultimate goal of achieving net-zero emissions by the year…
COP28, the 28th session of the Conference of the Parties to the UN Framework Convention on Climate Change, was held in Dubai from 30 November to 13 December 2023. It was the first COP to take place in the Middle East, a region highly vulnerable to the impacts of the climate crisis. The main objective…
CDP has recently announced several changes users can expect for 2024. In this blog post we will quickly outline what is to come so you’re perfectly prepared and informed for the next CDP season. First of all, the deadline for submitting the questionnaire will be September 2024 (previously end of July). However, corporate scores are…
Mass Balance The mass balance has become a significant milestone in advancing towards a circular economy and bioeconomy. This approach is specifically designed to trace the flow of materials through complex value chains, making it a powerful tool in promoting sustainability and responsible sourcing. Through verifiable bookkeeping, this approach allows businesses to attribute the use…
The EcoVadis Supply Chain Assessment EcoVadis is a supply chain assessment which helps companies to understand and quantify sustainability risks within their supply chain. Unlike individual questionnaires or very specific ones like CDP, EcoVadis offers a standardized approach which is able to compare the performance of companies with entirely different profiles on a rating scale…
Background As the backbone of our interconnected economy, supply chain management has become a focal point of EU regulatory requirements. The proposal for the Corporate Sustainability Due Diligence Directive on (CSDDD) is in the final stages of approval, which concerns the protection of human rights and environmental responsibility across value chains [1, 2]. Accordingly, these…
Mapping of GRI Standards and ESRS Project goal For many years, DFGE has been supporting clients in the preparation of sustainability reports in accordance with the Global Reporting Initiative (GRI). Some of our customers will be subject to the Corporate Sustainability Reporting Directive (CSRD) in the next few years. At the beginning of September, GRI…
The Future of the Construction Industry in the EU: A Look at the New Proposal for the Harmonization of Construction Products The European Commission has recently put forward a proposal for a regulation by the European Parliament and the Council that could potentially revolutionize the marketing of construction products within the European Union (EU). This…
The Fight for Sustainable Consumption in a Jungle of Labels Consumers worldwide struggle to make sustainable choices, as it is often unclear what stands behind the label’s promises. And not without reason. There are approximately 230 sustainability labels on the European market, half of which lack verification. 40% of sustainability claims are unsubstantiated, and 53%…
As part of the „Fit for 55“ package, the Carbon Border Adjustment Mechanism (CBAM) will be introduced under EU Regulation (EU) 2023/956 on 1st October 2023. The system is intended to prevent the outsourcing of CO2 emissions to non-EU countries, also known as carbon leakage, and to create incentives to introduce further CO2 pricing. The…
