Refreshing news about global warming

The TNFD (Taskforce on Nature-related Financial Disclosures) provides a framework for companies to assess, manage and disclose their impacts and dependencies on nature. Inspired by the TCFD, it aims to integrate biodiversity issues into financial strategies. Its recommendations are based on scientific principles and the LEAP approach.

On July 12, 2024, the European Parliament adopted a law on nature restoration, a pillar of the European Green Deal. Although reduced after negotiations, this law aims to restore 20% of European ecosystems by 2030, with a target of total restoration by 2050. In particular, it targets degraded habitats, endangered pollinators and agricultural biodiversity, while also incorporating measures for urban and forest ecosystems. However, its implementation faces major challenges.

Committing to a carbon trajectory has become a major strategic challenge for companies. Indeed, the fight against global warming is no longer just a question of social responsibility, but an economic and regulatory imperative. With increasing obligations, such as CSRD and CSDD, organizations must not only measure but also reduce their greenhouse gas emissions. However, this process is complex and requires a rigorous approach. We explore the 10 common mistakes to avoid when implementing a carbon strategy.

The UN's Sustainable Development Goals (SDGs), structured around 17 objectives, aim to eradicate poverty, protect the planet and promote prosperity. Based on the economic, social and environmental pillars, these goals address major challenges such as climate change and the lack of financing for transition, while offering opportunities through international cooperation and innovation.

Greenwashing has given way to a new practice: greenhushing. Companies are becoming increasingly discreet about their environmental actions. Why this silence? Do they hope to escape criticism by remaining silent? What are the consequences for the planet and for themselves?

Taxonomy, CSDDD, SFDR, European Climate Law... If you're confused by all the European legislation on ESG, this article aims to help you understand the purpose of each of these texts and how they relate to the CSRD.

Since its creation, the Global Reporting Initiative (GRI) has established itself as a world pioneer in corporate CSR disclosure standards. Used by several thousand organizations worldwide, it provides a solid framework for non-financial reporting, combining transparency, comparability and improved ESG performance. This organization, which has shaped the landscape of sustainable reporting, continues to evolve in the face of new global regulations.

This acquisition will create a leader in sustainable development software, combining Tennaxia's expertise in ESG (Environment, Social and Governance, and in particular extra-financial reporting and management) and HSE (Health, Safety and Environment) with Traace's advanced carbon footprint management functionalities.

Climate strategy has become a crucial issue for companies, driven by regulations, stakeholders and climate risks. It has become essential to anticipate this transition in order to transform into an opportunity what is still perceived as a constraint by many economic players. Combining climate strategy and business strategy is vital to their long-term survival, and can be a source of numerous benefits such as resilience, new opportunities and competitive advantage.

The ACT (Accelerate Climate Transition) method is an initiative led by ADEME, CDP and WBA, whose mission is to help companies decarbonize their activities and contribute to global carbon neutrality. It offers programs such as ACT Step-by-Step to help structure decarbonization plans, and ACT Assessment to measure progress in this area. ACT has become a global benchmark in corporate decarbonization, and now uses new methodologies to guide companies towards a more global environmental transition. In this article, we'll look at how these different methodologies work, and how they enable companies to begin their transition to a sustainable business model.

The ISSB is an organization set up to develop global standards for corporate non-financial reporting. Its aim is to provide investors with clear and comparable information on corporate sustainability performance. It provides a transparent and consistent framework for companies worldwide, promoting responsible corporate governance and guiding companies towards sustainable practices, marking a major step forward in the transition to a greener economy.

Non-financial reporting is a key concern for companies, particularly with the growing importance of CSRD. Perceived as time-consuming, they nevertheless represent an opportunity. Done properly, they can become the foundation of an effective climate strategy, marking the beginning of proactive management of ESG issues.

What isembodied energy ? This concept, created in the 60s and intrinsically linked to research into product life-cycle analysis, is designed to measure the overall environmental footprint of products, from the extraction of raw materials to their end-of-life. Particularly used in certain sectors, starting with construction, this methodology nevertheless suffers from certain limitations.

The luxury goods sector, renowned for its excellence, faces major environmental challenges, not least because of the considerable CO2 emissions generated by its activities worldwide. Under growing pressure from its stakeholders, including a younger clientele attentive to environmental impact, major players in the sector such as LVMH, Kering and Hermès are adopting innovative approaches aimed at decarbonizing their activities.

Companies have a crucial role to play in reducing greenhouse gas emissions and combating climate change. The ISO 14064 standard has become an essential tool for organizations wishing to make a concrete commitment to this approach. It provides them with a rigorous methodological framework for reducing their GHG emissions and contributing to a sustainable future. But how does it work? What are its objectives and benefits?

While carbon sequestration is often associated with terrestrial forests, the equally vital role of marine and coastal ecosystems is often overlooked. Mangroves, seagrass beds and salt marshes are immense carbon sinks, playing a crucial role in mitigating global warming and preserving biodiversity.

As committed companies align their climate and business strategies, the use of carbon and ESG impact data becomes both increasingly sensitive and essential to enable a controlled transition to new low-impact business models. To best equip these companies, Traace has been designed and developed as a true "Data Platform", with the specificities linked to impact data, but also all the requirements of modern Data Platforms.

The publication of non-financial reports is one of the new challenges facing companies. In addition to the increasing number of reports, there are also more and more. How do you find your way around, know which ones are mandatory, what they contain and whether they are interoperable? We'd like to give you a clearer picture by comparing the main standards to which companies are subject.

The CSDDD introduces into European law the notion of corporate duty of care with regard to environmental protection and respect for human rights. This new tool, which reinforces the CSRD, will also make companies operating in the EU more aware of the potential impact of their operations, as well as the activities of their entire value chain.

Focus on the CSRD, the new European directive that will require more than 50,000 companies to provide more accurate extra-financial reporting and a commitment to finance and deploy an ambitious climate strategy.

Have you identified the need for a carbon accounting tool? Now it's time to find the best solution to help you account for your emissions and support you in your reduction strategy. There are several solutions to choose from. You can rely on the now classic Excel spreadsheet (which, however, may soon reach its limits), build a more sophisticated solution in-house, or use a turnkey Saas tool. Each solution has its advantages and disadvantages, but, above all, is more or less suited to your structure and market context. So what are the main criteria that should guide your choice?

In 2019, France will have a tool to develop and promote carbon reduction and sequestration projects on its territory: the low-carbon label. This label is also a way of better controlling decarbonization projects and supporting their players towards a more sustainable economic model. How to create a low-carbon project. What are these "made in France" carbon credits worth?

How have CFOs become a central element in companies' environmental transition policies? The growing importance of extra-financial reporting has profoundly changed the role of finance departments, placing them at the forefront of ESG issues within companies. This change, which has taken place over the years, is now gathering pace with the implementation of the CSRD, which is much more comprehensive and demanding than its predecessors.

One of the aims of the CSRD is to harmonize the format of extra-financial reports within the European Union. It is within this framework that the ESRS have emerged. These reporting standards, drawn up by EFRAG, detail the content, format and collection methods for the wide range of environmental, social and governance data to be published in CSRD reports. The first 12 ESRS were adopted by the European Commission on July 31, 2023.

The energy sector remains the world's biggest emitter of greenhouse gases. Historically linked to economic development and essential to the smooth running of our societies, it is now in need of in-depth rethinking and transformation. This long-awaited energy revolution must necessarily involve not only changes in production methods, but also in the way we use energy.

What role does SBTi play in carbon accounting? SBTi is an internationally recognized organization that has become a benchmark in the field of decarbonization. Thousands of companies have chosen to follow its methodology to set themselves science-based targets for reducing their GHG emissions. How does it work in practice?

The issuance of green bonds by governments and companies is booming. This tool for sustainable finance represents major opportunities for issuers and investors alike. This growth has been accompanied by the first regulations, notably in the European Union, to better define what can be considered "green".

Among the ESRS reporting standards making up CSRD reports, the ESRS E1 standard on climate change is the focus of attention. GHG emissions measurement, impact analysis, action plan, integration into corporate strategy, financial modeling.... Climate change is a particularly demanding issue, requiring a high level of involvement on the part of companies. So how can you approach it with confidence?

Measuring the scope 3 of a company's carbon footprint is a complex exercise. Many different methodologies exist, each with its own advantages and limitations. How do you collect carbon data? What is the quality of the data? Is it usable? Finally, the exercise becomes even more complex when it comes to reducing these emissions.

The CDP (Carbon Disclosure Project) is an international organization that manages one of the largest environmental databases for companies, cities and states, thanks to its reporting system. The score that the CDP assigns to organizations is now scrutinized by investors and buyers. How does this system work, and how can you improve your score?

The CSRD will eventually affect 50,000 companies, which will have to report annually on a long list of ESG criteria. How can we best prepare for the publication of these reports? What governance model should be built? How to collect and analyze this volume of data?

The European taxonomy is a classification of so-called sustainable activities. A central tool of the Green Deal for Europe, it is designed to create a common language for all players in the economy to support and finance the European Union's ecological transition. How does it work? Who is it aimed at? What is the timetable for its implementation?

What is the European Union's SFDR regulation? The paragon of green finance, it aims to redirect investments towards sustainable projects, and to this end imposes transparency obligations on financial players in terms of social and environmental impacts and investment decisions.

A carbon footprint analysis necessarily begins with the collection of data on the company's activities. This complex stage must be carried out intelligently, so as to produce a quality carbon footprint and be able to use it as part of a decarbonization strategy.

For several years now, carbon credits have been at the center of debate as to their usefulness in reducing companies' carbon footprints. Initially presented as a virtuous mechanism at the service of Net Zero strategies, it has been subject to abuses and misuse that have called into question its use by companies. How does it work? Is it still a viable tool in a decarbonization strategy? Can it be exclusive?

The "materiality" of an ESG issue for a company can be determined according to different prisms that will greatly influence its ESG action plan and its non-financial reporting efforts. The CSRD will soon impose "double materiality" reporting. What does this mean for obliged companies?

When drawing up an organization's GHG emissions balance, one of the objectives must be to minimize the uncertainty of the emissions accounted for. Where do uncertainties come from? How can they be limited and, above all, how can they be integrated into the carbon footprint analysis?

Switching natural gas consumption to biogas is a decarbonization lever increasingly identified in corporate climate action plans. What is biogas, what is its decarbonizing potential, and how can we plan the financial impact of a switch to biogas?

While data on the climate impact of companies are increasingly public, why is data security crucial when offering an online carbon management solution and how do we address this at Traace?

Today, many companies are committed to reducing their emissions, and are setting up action plans to quantify their carbon impact. Unfortunately, these actions are slow to materialize in the field, due to a lack of financial impact modeling to unlock investment budgets and get the ball rolling.

If you've started to take an interest in the different methods of calculating greenhouse gas emissions, you're bound to have heard of the famous emissions scopes. What does scope 1, 2 or 3 mean, and what's behind the categorization by scopes?

Travel and nature lovers, discover 5 exotic destinations accessible by night train.

Faced with the urgency and the tightening of climate regulations, more and more companies are adopting internal carbon pricing systems. What are the best practices and advantages for companies? Is this a viable solution to decarbonize its activity?

In March 2023, SBTi released its new "Forest Land and Agriculture - FLAG" carbon accounting methodology dedicated to the land and agriculture sector. This sectoral methodological clarification increases the level of carbon accounting requirements that companies with forest, soil and agricultural land activities must meet.

For many companies, indirect emissions linked to purchasing are the main part of their GHG balance. As regulatory obligations concerning Scope 3 become stricter, it is becoming urgent to establish and manage more responsible and efficient purchasing strategies. What are the main steps to achieve this?

You have heard of Bilan Carbone, GHG Protocol or BEGES but you are a bit lost among all these carbon accounting standards? Which exercise should your company follow? What are the differences between these accounts? Here is a guide to help you understand.

Traace has undergone the accreditation process of solution providers proposed by the CDP, the reference organization on reporting of environmental data for companies. Certified in 6 service categories, Traace joins the prestigious network of "Accredited Solutions Providers" by the CDP.

Traace has been audited by the ABC in order to certify the compliance of the platform with the requirements of the methodological standard which is the Bilan Carbone® and for which the ABC is the guarantor. The transparency of the tool and the quality of the accompaniment were particularly appreciated.

The regulation on the realization and publication of a greenhouse gas emissions report has changed as of January 1, 2023. Here are the key points of version 5 of the methodology recommended by ADEME.

How to decarbonize European industry without impacting its competitiveness? Focus on the Border Carbon Adjustment Mechanism (BCAM).

The Marginal Abatement Cost Curve is emerging as the essential financial analysis tool for all stakeholders who are truly tackling the decarbonization of their business or investment portfolio.

A panacea according to some, an environmental disaster according to others - what about the pollution generated by an electric vehicle? Is an internal combustion car really more polluting than an electric car?

Greenhouse Gases (GHGs) are gases that are naturally present in the atmosphere for the most part, but whose concentration is increasing due to emissions induced by human activities. What are these GHGs, what are their main sources of emissions and how do they contribute to global warming?

Traace announces today that it has raised 2.5 million euros from Orange Ventures, the German family office Arché-Gruppe and private investors.

We are pleased to be a signatory of the 10 principles for an ambitious corporate climate strategy, supported by the Net Zero Initiative project, and co-constructed by a large number of climate change professionals in France.

Where is Europe in its ecological transition? Summary on the Green Deal: towards decarbonisation and environmental preservation.

Rising temperatures, droughts, rising sea levels... What will real estate in France look like in 2050?

Focus on the CRD, the Climate Change Resilience Framework proposed by the IPCC.

Financial actors will have a central role in a low-carbon world: An overview of the regulations and tools at their disposal.

Our complete guide to achieving your climate goals

The Carbon Footprint is the first step to an effective decarbonisation strategy. Discover our complete guide updated for the year 2022!

The new SBTi "Net Zero" standard is now more restrictive. Discover its content thanks to our infographic!

Buying or selling a company: How to implement it in your Carbon Footprint? We give you the answer here!

Our summary of the first part of the latest IPCC synthesis report on climate change.

Want to know everything about the Climate and Resilience Act? Here is a short article that summarises its main principles and the history of this law.

You want to commit your company to reducing its emissions. But how do you build a relevant and effective carbon strategy?

A good CSR strategy is a well managed strategy. Wondering how to do it? It's all explained here!

Traace has been awarded the "Solar Impulse Efficient Solution" Label, a proof of high standards in profitability and sustainability

Do you love to travel? So do we. Find out how to live your passion while preserving the planet with this article.

We decipher for you what is behind this report, which is essential to the communication of your CSR strategy.

Sustainable development: everyone talks about it, but do you really know what is behind the term? We explain it all to you!

Do you want to communicate on your carbon footprint actions? Here is a short guide to help you.

An overview of the most promising decarbonisation solutions.

When properly applied, teleworking can reduce the carbon footprint of companies. Here are a few practices that can be put in place to maximise this effect!

What are the reasons why SaaS carbon accounting solutions are essential?

Do you want to take action to reduce your emissions? Let's decipher the available grants!

What is a carbon footprint? Why is it important to do it? How to do a carbon footprint for your company?

Are you interested in carrying out a carbon assessment for your company, but don't have a clear idea of how to go about it, or how much it would cost? This article summarizes what you need to know on the subject.

"Achieving carbon neutrality together. This is the purpose of Traace's mission. And every word counts!

Are you hesitating to embark on a carbon reduction plan? Here's why you should take the plunge!