TNFD & Biodiversity

Biodiversity – Final countdown to TNFD

Upcoming release of final recommendations In the midst of the upheaval around the new EU Corporate Sustainability Reporting Directive (CSRD), another organisation is preparing the release of its final recommendations on the disclosure of specific risks and opportunities. The Taskforce on Nature-related Financial Disclosures (TNFD) will publish its global framework for risk management and reporting…

Double Materiality

Double Materiality explained

Authors: Translated by Eva Kleemann (DFGE), Source Text here. Publication: Juli 2023 Background In January 2023, the European Union’s Corporate Sustainability Reporting Directive (CSRD) came into effect. From 2024 onwards, companies in the EU are required to provide detailed non-financial information in their management reports regarding environmental, social, and governance aspects. The European Sustainability Reporting…

CDP Response Check

CDP Response Check 2023 by DFGE

Looking for a Quick CDP Response Check? Choose DFGE! Approaching CDP Deadline Once again, numerous companies have been requested to participate in this year’s CDP Climate Change Program. These requests have been made by both investors and customers. Participants are obligated to address various aspects including CO2 emissions, climate risks and opportunities, reduction targets and…

Product Carbon Footprint Tool

Understanding Product Carbon Footprint – A short Dive into Standards & Verification, Tools and industry-driven Initiatives

With environmental consciousness at an all-time high, businesses and individuals alike are striving to understand and reduce their carbon footprints. One essential aspect of this endeavor is the Product Carbon Footprint (PCF). This article will introduce PCF, look into the standards that guide its calculation, explore verification processes, and shortly introduce tools to calculate carbon…

Carbon Contribution

Understanding Climate Neutrality, Carbon Neutrality and Climate Contribution: What’s the Difference?

Terms like climate neutrality, carbon neutrality, and climate contribution are often used interchangeably but have distinct meanings. In this blog post, we will differentiate between these terms and shed light on their significance in the field of sustainability. Climate Neutrality refers to a state where a company, organization, or individual has balanced their greenhouse gas…

Science-based Targets

SBTs: Current Developments & updated Criteria

On March 20, 2023, the IPCC’s overarching final report, the AR6 Synthesis Report, was released, and again emphasized the urgency of climate action[1]. To address this concern, many companies have adopted sustainability strategies to reduce their environmental impact and become more socially responsible. One such strategy is the adoption of science-based targets. Science-based targets and…