DG FISMA acknowledges complexity ahead of new policy proposals, while Eurosif calls for commission to “embrace” the way the regulation has been used to date. The European Commission’s DG FISMA has emphasised the merits of replacing the Sustainable Finance Disclosure Regulation’s (SFDR) existing Article 8 and Article 9 labels with formal categories based on “clearer criteria”. Investors have been in…
SAP Launches Solution Enabling Companies to Track, Report Carbon Footprint of Products and Services
Leading enterprise resource planning (ERP) software company SAP announced today the general availability of SAP Green Ledger, a new carbon accounting solution aimed at enabling companies to track and report the carbon footprint of their products, services and business units. Initially unveiled in 2023, and forming part of SAP Sustainability solutions, the new solution provides a carbon accounting system that…
EU Adopts New Rules Requiring 100% Recyclable Packaging by 2030
EU member states in the European Council announced today that they have adopted a series of new rules aimed at significantly reducing packaging waste in the EU, including a goal requiring all packaging placed on the market to be recyclable by 2030. The approval by the Council marks the last major legislative step in the adoption of the new rules, following…