CBAM – what is it and why does it matter? CBAM (Carbon Border Adjustment Mechanism) = An EU rule that makes companies pay for the carbon emissions of certain goods produced outside the EU. It helps stop companies from moving production to countries with weaker climate rules, and ensures fair competition. CBAM is the EU’s […]
A strong example of why climate risk matters to companies is the surge in extreme weather events, causing direct financial losses and operational disruptions across industries. In 2023, Hurricane Otis devastated Acapulco, Mexico, damaging 80% of hotels and causing an estimated $16 billion in losses. Wildfires in Los Angeles led to $250–275 billion in economic […]
What is a Life Cycle Assesment (LCA)? Life Cycle Assessment is a detailed, standardized method to measure a product’s environmental impacts across its entire life – from raw materials and production to use and disposal. LCAs follow international standards (ISO 14040 and 14044) to ensure reliable results. They assess factors such as carbon emissions, water […]
The story of Nature Line Cutlery began in 2018 when the founders started developing the next generation of cutlery made from renewable materials and wood industry side streams. Collaboration with major players in the forestry industry, such as UPM and Stora Enso, enabled the formation of an innovative expert team that focused on sustainable solutions. […]
What Is Life Cycle Assessment (LCA)? Life Cycle Assessment (LCA) is a structured approach to evaluating the environmental effects of a product, service, or process throughout its entire life cycle – from raw material extraction and manufacturing to distribution, use, and end-of-life management. Importantly, LCA does not focus solely on carbon dioxide emissions and climate […]
We use a third-party platform for video embedding on our website. To be able to watch video content, you need to accept third-party cookies. Manage cookie settings “Sustainability is in our DNA – it’s been part of our story since day one. Our goal is to strengthen the heartbeat of over a billion people by […]
Double Materiality as a strategic tool Greenstep guided CAP Group through a Double Materiality assessment, which became a cornerstone for setting clear sustainability priorities and aligning efforts with stakeholder expectations. “The assessment helped us identify the most important issues for both our business and stakeholders, giving us direction and clarity,” says Jere Kääriäinen, Sustainability Manager […]
Updates to CSRD and CS3D: Thresholds raised, scope adjusted The Council of the EU has agreed on its position regarding two important frameworks: Corporate Sustainability Reporting Directive (CSRD) The employee threshold is proposed to increase from 250 to 1000 employees. Listed SMEs would be excluded from the scope of the directive. A net turnover threshold […]
1. Market Expectations Banks, investors, and large customers increasingly expect EU Taxonomy data to assess sustainability. Financial institutions need this data for their own Green Asset Ratio calculations, and may require non-obligated companies to provide taxonomy information before approving loans or investments. Even without a legal requirement, companies may need to provide this information to […]