US EditionThird-Party Assurance Under SB 253: What Companies Must Know
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5 Articles
Third-Party Assurance Under SB 253: What Companies Must Know
California’s Senate Bill 253 (SB 253) — the Climate Corporate Data Accountability Act — marks a pivotal shift in corporate climate reporting. For the first time, large public and private companies operating in California will be required to disclose their greenhouse gas emissions across Scopes 1, 2, and 3. But the real game-changer? These disclosures must be verified by independent third parties. This requirement elevates emissions data to the l…
Particularly strict rules will apply to advertisements for products that involve carbon dioxide emissions.
For product advertising with general environmental statements such as "sustainable" or "environmentally friendly" there will be stricter rules in the future. Such descriptions should only be allowed if they can also be documented. This is provided for in a draft law adopted by the Federal Cabinet, which implements EU law. A transitional period is foreseen until the end of September next year.
The German government is tightening rules for environmental advertising to protect consumers from so-called "greenwashing."
The German government has passed a draft law that stipulates stricter requirements for advertising with environmental claims. The Federal Ministry of Justice announced this on Wednesday. The aim is to better protect consumers from misleading environmental claims and increase transparency. Advertising claims such as "climate-friendly" or "biodegradable" will therefore only be permitted if they can be verified. The draft law implements two EU dire…
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