By: Emma Abrams There are more and more incentives for businesses ready to be climate-forward, but there are also new regulations that will require companies to disclose climate information. One of those is the European Union’s Corporate Sustainability Reporting Directive (CSRD), which entered into effect Jan 5, 2023. Under the already existing Non-Financial Reporting Directive…
Mending the Line Blog
Customer Information: Understanding Sustainability Certifications
By: Emma Abrams More and more customers want to spend their money on more sustainable products: a recent study found that a sustainable lifestyle is important to 70% of Americans. Because of this, companies who make ESG-related claims are seeing more cumulative growth every year. Unfortunately for consumers, there are no universal standards for climate-related…
The Inflation Reduction Act at a year: How the IRA can benefit your business
By: Emma Abrams This August marks a year since the Inflation Reduction Act (IRA) was signed into effect. The IRA is the US’s largest piece of climate legislation with an estimated investment of $369 billion in climate and clean energy investments, with the goal of cutting greenhouse gas emissions by around 42% by 2030. The…
Sustainability 101: Net-Zero vs. Carbon Neutral
By: Emma Abrams You may have seen companies make claims about being carbon neutral or on track to be ‘net-zero’. That sounds great, but what does it mean? And how do companies get there? The Intergovernmental Panel on Climate Change (IPCC) is clear that we must reach net-zero emissions by 2050 to limit global warming…
‘Special Report on Fishing’ & How the Recreational Fishing Industry Can Lead on Climate Action
A new Special Report on Fishing was just released by Outdoor Industry Association’s philanthropic arm, Outdoor Foundation, who partnered with the Recreational Boating & Fishing Foundation (RBFF) to produce the Special Report on Fishing. The report provides a comprehensive review of fishing participation trends, including detailed information on specific fishing categories and audiences. That said, I was curious…
Is Climate “Material?”
By Emma Abrams What information should companies be reporting- in other words, what information is “material?” According to the Harvard Business School, “Materiality is an accounting principle which states that all items that are reasonably likely to impact investors’ decision-making must be recorded or reported in detail in a business’s financial statements”. Information that is…