Environmental concerns are rising steadily with the increasingly devastating impacts of climate change on communities across the globe. This has led to a steadily growing number of regulations and increasingly stringent voluntary and involuntary compliance obligations across all regulatory levels.
BALANCEDAPPROACH's Environmental Compliance Assistance includes alignment with:
International: The Science-Based Target Initiative (SBTi) requires companies to set near- and long-term emission reduction targets aligned with the level of decarbonization needed to limit global warming to well below 1.5 degrees Celsius.
Europe: The Corporate Sustainability Reporting Directive (CSRD) reporting regulations require all public companies to disclose their third-party certified GHG inventory, and the financial risks and opportunities associated with environmental issues and the impact of their activities on people and the environment. (Effective January 1, 2025),
United States: The Securities and Exchange Commission's (SEC) climate disclosure rule requires publicly traded companies to disclose climate-related risks and opportunities and third-party certified GHG inventory annually. (Effective January 1, 2026).
California:
CA SB 253, also known as the Climate Corporate Data Accountability Act, requires companies with over $1 billion in revenues to report their GHG emissions and disclose their climate-related risks and opportunities.
CA AB 1826 – Mandates recycling of all recyclable materials and requires businesses and schools to implement organics recycling services, and ensure minimal cross-contamination of waste streams.
CA AB 32, the Climate Action Scoping Plan, and SB 32 – Mandate GHG emissions reduction for municipalities at 40% below 1990 levels by 2030.
CA SB 100 – Mandates 60% of California’s electricity to come from renewable energy by 2030, and 100% by 2045.
