The global economic system is increasingly adopting environmental, social, and governance (ESG)-focused policies to achieve sustainable development goals. Companies, investors, and regulatory authorities are turning to innovative technologies to enhance sustainability performance, manage operational risks, and create long-term value. In
Environmental, Social, and Governance (ESG) factors have become central to sustainability objectives in today’s business landscape. These factors encompass not only companies’ financial performance but also their environmental impacts, societal responsibilities, and governance transparency. Technological advancements, particularly artificial intelligence (AI),
The government-issued document proposes calculating the UK CBAM costs for each quarter based on the average UK ETS auction prices from the previous quarter. Additionally, it suggests an adjustment to the UK ETS price to reflect the presence of free
The European Union (EU) continues to lead global efforts in climate action through its Carbon Border Adjustment Mechanism (CBAM). On September 30, 2024, the European Commission announced plans to expand the scope of CBAM. To inform this initiative, a stakeholder
In line with global taxonomy initiatives aimed at defining and promoting sustainable economic activities, the draft “Türkiye Green Taxonomy Regulation,” aligned with the European Union (“EU”) taxonomy and tailored to Türkiye’s specific needs, has been published by the Ministry of
On May 27, 2024, the Council of Europe announced that member states have approved new regulations for an “Ecodesign” framework that sets sustainability requirements for almost all products across the European Union, and introduced a new ban on the destruction