Learn about the climate policies most relevant to you

The US Federal Supplier Climate Risks and Resilience Rule is a regulation aimed at enhancing the climate resilience of federal supply chains. It requires suppliers to assess, disclose, and mitigate climate-related risks to their operations, products, and services.

The Securities and Exchange Commission (SEC) proposed rule on climate-related disclosures aims to enhance transparency by requiring SEC registrants to include climate-related information in their registration statements and periodic reports.

The UK Disclosure Framework for Net Zero Transition Plans is a set of guidelines that companies can use to report on their efforts to transition to net zero emissions and support the transition to a low-carbon economy.

The Streamlined Energy and Carbon Reporting (SECR) is a UK regulation that requires companies in scope to report on their emissions and energy consumption.

The Non-Financial Reporting Directive (NFRD) requires companies in scope to publish a non-financial report on their ESG performance together with their annual management report. The NFRD aims to evaluate the non-financial performance of large companies and encourages these companies to develop a responsible approach to business.

TCFD was created by the international Financial Stability Board (FSB) to develop consistent climate-related financial risk disclosures for companies, banks, and investors to provide information to stakeholders. While TCFD-aligned reporting initially started as a voluntary reporting framework, more and more jurisdictions are making it a mandatory requirement for certain companies.

The European Union's Fit for 55 package aims to reduce greenhouse gas emissions by 55% by 2030. The European Commission proposed the package in July 2021. By 2022, the plans could become law under an accelerated legislative process.

The European Climate Law writes into law the goal set out in the European Green Deal for Europe’s economy and society to become climate-neutral by 2050. The law also sets the intermediate target of reducing net greenhouse gas emissions by at least 55% by 2030, compared to 1990.

CDP is a popular voluntary reporting framework that companies use to disclose environmental information to their stakeholders (investors, employees, and customers). Reporting is completed on an annual basis.

The EU Taxonomy is a classification that sets criteria to determine whether an economic activity significantly contributes to the six environmental objectives defined in the regulation. It is a tool to help companies and investors make sustainable investment decisions. EU Taxonomy disclosures must be made as part of the NFRD/CSRD and SFDR reporting requirements.

The CSRD is an EU Directive that amends the scope and the reporting requirements of the Non-Financial Reporting Directive. While the NFRD only provided guidelines for ESG reporting, the CSRD will introduce mandatory reporting standards.

In the EU's policy context, sustainable finance is understood as finance to support economic growth while reducing pressures on the environment and taking into account social and governance aspects.

With the Climate Protection Act, the German Federal Government intends to tighten climate regulations and enshrine in law the goal of achieving greenhouse gas neutrality by 2045. The aim is to reduce emissions by 65% of 1990 levels by 2030.