The green transition
How climate policy moved from corporate ambition to legal obligation, and what that changes for business.
Climate change and environmental degradation are treated by the European Union as an existential threat. The policy response has reshaped what is expected of businesses operating in Europe, turning voluntary commitment into structured obligation.
From ambition to obligation
Reporting duties, due diligence expectations and taxonomy rules now put structure around claims that were previously a matter of communications. The shift is from stating intent to producing evidence.
What it means in practice
Organisations are increasingly asked to account for impacts across their whole value chain, not only their own operations. That draws in suppliers and partners who may sit below the direct reporting thresholds themselves, because their customers need the data.
Where it lands internally
Procurement, operations, finance and legal each hold part of the picture. The transition succeeds or stalls on whether those teams understand what is being asked of them, and why the figures they supply carry weight.
Train your teams on this
Our ESG & Sustainability courses cover CSRD reporting, carbon accounting and human rights due diligence.
Climate change and environmental degradation are an existential threat to the European Union and to the world. To overcome these challenges, the European Green Deal is Europe’s new growth strategy, which will transform the Union into a modern, resource-efficient and competitive economy. The European Green Deal aims to make Europe climate neutral by 2050, boost the economy through green technology, create sustainable industry and transport, and cut pollution. Turning climate and environmental challenges into opportunities will make the transition just and inclusive for all. https://reforms-investments.ec.europa.eu/technical-support-instrument-0/green-transition_en