As global carbon emissions reached a record high in 2024, pressure is mounting on companies to reduce their environmental footprint in alignment with the UN’s Sustainable Development Goals. Consumers also increasingly value products that are better for the environment with 80% willing to spend more on sustainably produced goods, according to PWC. And regulations around the world, including the IFRS Sustainability Disclosure Standards, the EU Corporate Sustainability Reporting Directive, and the EU and UK Carbon Border Adjustment Mechanism are increasingly enforcing reporting and incentivizing sustainable production.
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