On 13 November, the European Parliament approved its negotiating position on the Omnibus I proposal with 382 votes in favour, 249 against and 13 abstentions. The file has now moved into trilogue negotiations with the Council and the Commission. This article explains the position the Parliament adopted in the November vote.
What used to be a loophole is now a liability: Carbon costs follow the product, no matter where it's made. One of the most transformative initiatives today is the EU’s Carbon Border Adjustment Mechanism (CBAM), a climate policy tool designed to put a price on carbon emissions from imported goods. CBAM is not just a technical adjustment, it represents a paradigm shift that fundamentally affects business strategies, supplier relationships, and sustainability efforts.
Could a single flood or a new regulation put your business at risk? For many companies, climate change is no longer a distant worry – it is a present-day business challenge.
More and more companies want to understand and communicate their products’ environmental impacts in a reliable and transparent way. Life Cycle Assessment (LCA) and Environmental Product Declaration (EPD) are two key tools for this purpose – but what’s the difference between them, and how do they work together?
Nature Line Cutlery develops the next generation of cutlery made from renewable materials and wood industry side streams. In 2023, Nature Line Cutlery and Greenstep began a partnership focused on sustainability and environmental impact assessment.
Every business decision leaves a mark on the environment, often in ways that aren’t immediately visible. Life Cycle Assessment (LCA) offers a structured way to evaluate these impacts across the entire lifespan of a product or service. By mapping out each stage – from sourcing and production to use and end-of-life –LCA provides valuable insights that support more responsible choices and help organizations meet both operational and stakeholder expectations.
Lappset is a family-owned company founded in the 1970s in Rovaniemi, Finland. As a leading manufacturer and supplier of playground equipment, outdoor exercise equipment, park furniture, and interactive solutions, it employs around 400 professionals and has proudly exported its products to 60 countries over the years.
CAP Group is the largest provider of driver education in the Nordics, offering both in-person training and software solutions in Finland and Germany. As a long-standing partner, Greenstep has been supporting CAP Group in advancing its sustainability reporting, particularly in preparation for the Corporate Sustainability Reporting Directive (CSRD).
The European Union has recently published several regulatory updates related to corporate sustainability. These changes affect sustainability reporting requirements, due diligence obligations, climate-related import rules, and classification systems like the EU Taxonomy. Below is a summary of the key developments that may impact companies operating in or with the EU market.