Mastering CSRD Audit-Readiness: A Comprehensive Guide
As companies work towards Corporate Sustainability Reporting Directive (CSRD) compliance, ensuring that double materiality assessments, data collection, and reporting are audit-ready is critical. Starting January 1st, 2025, CSRD compliance will be phased in. From their first report, companies must undergo limited assurance auditing by an approved third party. This requires companies to ensure their data […]
SOC 2 Compliance Milestone Good.Lab has successfully achieved SOC 2 Compliance Type I, marking a significant milestone in our commitment to data security and regulatory compliance. Achieving SOC 2 compliance is more than a milestone —it is a testament to our commitment to ESG, specifically to Governance. In today’s business landscape data security and governance […]
The manufacturing sector stands out as one of the main sustainability challenges to tackle. While we’re making significant strides in other high-impact sectors, such as transportation with electric vehicles and in energy with renewables, manufacturing remains a challenging yet crucial area to address. As one of the most significant users of raw materials, energy, and […]
Your Guide to the EU’s Carbon Border Adjustment Mechanism (CBAM)
As the world’s supply chains become more complex regulators across the globe are introducing new requirements for suppliers and buyers. The European Union (EU) unsurprisingly is the first mover with its introduction of a significant new global carbon tariff, the EU’s Carbon Border Adjustment Mechanism (CBAM). CBAM is designed to address climate change by managing […]
CSRD Reporting: The Ultimate Guide For US Companies Meeting EU Corporate Sustainability Reporting Directive Requirements
The Corporate Sustainability Reporting Directive (CSRD) is a directive by the European Union designed to make sustainability and ESG (environmental, social, governance) reporting by companies more comprehensive, consistent, and aligned with financial reporting standards. The CSRD is currently the most comprehensive sustainability reporting regulation globally. Achieving compliance will demand comprehensive and accurate reporting by certain […]
CDP Reporting: Your Guide to Disclosures & Scoring
CDP (Carbon Disclosure Project) is a global non-profit organization that provides a standardized system for companies to disclose environmental impacts. It has become crucial for managing and mitigating climate risks and demonstrating transparency and accountability to stakeholders. The growth of CDP disclosures has exploded in recent years. In 2023, over 23,000 companies reported directly to […]
Your Guide to Becoming a Sustainable Supplier: Managing Supply Chain Data Requests
Supplier sustainability has become a crucial factor in achieving business success in today’s competitive market. The push for sustainability and ESG reporting, primarily driven by supply chain partner requests, is at the forefront of business strategy. Embracing supplier sustainability not only sets a company on a path to success but also helps in winning and […]
Decoding the EU’s ESG Regulations: What U.S. Companies Need to Know
The European Union (EU) has created one of the most ambitious and progressive green agendas globally. The EU ESG regulatory landscape extends far beyond most other regions, as they aim to meet the goals set out in the Green Deal. Among the more ambitious goals of the EU’s Green Deal, the bloc plans to be […]
Carbon Accounting is the modern language of climate change. It’s how companies share their climate story transparently and accurately today. Measuring companies, individuals, events, and countries’ carbon footprints through Greenhouse Gas (GHG) accounting tools holds them responsible for their climate impact by quantifying it. From a business perspective, measuring emissions through carbon accounting has become […]
What is Climate Risk, and Why Companies Should Act Now To Assess Their Exposure
2023 was the hottest year on record; it was also the year when the US had the most $ 1 billion-plus climate-related natural disasters. As climate risks accumulate, companies need to be prepared to identify, manage, and mitigate these risks to avoid financial exposure. It isn’t just the physical risks that companies have to worry […]
How to Use Your Role to Maximize ESG Performance in 2024
Across the board, businesses are now expected to play a role in transitioning to a low-carbon, sustainable economy. In every company, every employee has a role to play when it comes to ESG, from the C-suite to the intern, each role can ensure that a company’s ESG performance matches its ambition. For example, a Chief […]
ESG C-Suite Survey: Why the Next 1-3 Years Will be Pivotal for ESG in the US Mid-Market
Across the US mid-market, ESG initiatives are trending toward becoming a central part of companies’ business strategies. Businesses are navigating complex regulatory demands and supply chain expectations from their biggest customers. These external pressures, coupled with a commitment to internal ESG targets, ensure that companies are embarking on their ESG journeys, if not today, then […]
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