Imagine you are a passionate runner and manage to cross the finish line first in a race. This is not just any race; you have been looking forward to it for a while, trained and worked for it. Immediately after you start celebrating your victory, you learn that one runner was doped and thus disqualified. […]
Before we dive into Procurement savings reporting, let’s first look at a simple fictional example: Imagine each year you buy a 5 kg bunch of apples at a greengrocer for an event you are hosting (it’s one of those healthy events…😉). The price you paid in the past years has been 10 EUR. This year […]
After the introduction of national regulations in various countries, including France and Germany (LkSG), the forthcoming European Corporate Sustainability Due Diligence Directive (CSDDD), set to be unveiled in 2025, will establish new standards. This article delves into the CSDDD, its connection with the LkSG, and the way forward for businesses.
The European Union’s Carbon Border Adjustment Mechanism (CBAM) is set to reshape the landscape of carbon pricing and emissions regulations. This article explores the impact of CBAM on Procurement departments and highlights key aspects of navigating the CBAM effectively and contributing to a sustainable, low-carbon future.
The introduction of the LkSG coupled with prospects of even tighter EU regulations is causing apprehension amongst many businesses. This article aims to shed light on the LkSG’s significance and the fresh challenges it introduces for businesses, while proposing an incentive-based approach for effective compliance.
The system of carbon offset credits has been under fire for years. A recent article by DIE ZEIT and The Guardian hints at the extent of the system’s failure. We have looked at the market from a game theoretical perspective to analyse the flaws and how it can be improved.