Climate Disclosures Archives

The High Cost of Inaction: Why Energy Suppliers Can’t Afford to Ignore Increasing Customer Requests for Reporting

As sustainability and decarbonization demands intensify in the race to net-zero, energy suppliers, such as utilities and retailers, are at a crossroads. Ignoring these demands is not just about sidestepping regulatory penalties or walking back on goals; it could mean losing the trust of customers, investors, and other stakeholders or missing out on prospective customers. […]

Cleartrace at VERGE 2024: Advancing Decarbonization with Industry Experts

Cleartrace’s Chief Commercial Officer, Patrick Davis, and VP of Sustainability, Nicole Sullivan, recently participated in VERGE 2024, a premier climate tech event held in San Jose, California. Co-hosted by Trellis Group and Clean Energy Buyer’s Association (CEBA), this year’s conference, with the theme “Deploying Climate Tech at Scale,” attracted thousands of sustainability and energy professionals, […]

Data Challenges in Sustainability: The Path to Automation

Wherever you are on your sustainability journey, data is a critical component to guiding your path. To truly understand our environmental impact and craft effective decarbonization strategies, we must embrace a data-driven approach. While the significance of data in measuring carbon footprints, managing energy, and mitigating environmental impact is clear, the path to automation, though […]

Mandatory Climate Disclosures: Unpacking the EU’s Corporate Sustainability Reporting Directive (CSRD)

In the realm of emerging sustainability regulations, United States (US) headquartered companies are often focused on North American regulations. Yet, in the ever-evolving landscape of climate accountability, it’s essential to cast our gaze across the Atlantic to the European Union (EU), where groundbreaking strides in environmental governance are transforming the global corporate climate disclosures paradigm. […]

Mandatory Climate Disclosures: Unpacking CA SB 253 and 261

Amidst the flurry of attention surrounding the recently adopted SEC climate disclosure rule, it’s important to step back and consider other recent climate regulations reshaping the corporate climate-related disclosure landscape. Notably, California’s (CA’s) Senate Bill (SB) 253 “Climate Corporate Data Accountability Act” and SB 261 “Greenhouse Gases: climate-related financial risk” have emerged as formidable pillars […]

The SEC’s Climate Vote: Implications for Corporate Carbon Accountability

The Securities and Exchange Commision (SEC) voted today (March 6, 2024) to adopt a scaled-back version of its long-awaited proposed climate disclosure rule, formally titled “The Enhancement and Standardization of Climate-Related Disclosures for Investors.” The vote comes two years after the proposed rule’s draft language was released in March of 2022. The final rule, which […]

ESG Regulatory Readiness for the Utility Sector

Utilities need to be ready for the deluge of customer requests and the data to back up green programs and other emerging ESG compliance reporting requirements. Environmental, social, and governance (ESG)-related regulations took huge leaps forward in 2023, and more regulatory progress is anticipated in 2024. The passing of a range of disclosure and reporting […]