Structure of the standards Structure of the standards is clarified to eliminate repetition in the standard and later in the report. This has resulted in reorganizing Minimum disclosure requirements (MDRs) and Policies, Actions and Targets (PATs) that are renamed General disclosure requirements (GDRs) and presented in ESRS 2. Materiality assessment Top down-approach preferred in the […]
A climate transition plan is that route map: it shows out how your company will move from today’s way of working to a future where it can operate and grow in a low‑carbon, climate‑resilient economy. What is a climate transition plan? In practical terms, a climate transition plan explains how your business can lower its […]
What is the Omnibus package about? The CSRD (Corporate Sustainability Reporting Directive) came into effect on 1 January 2023 and requires large companies to report on their environmental and social impacts (ESG). However, the reporting obligations have increased administrative burdens for businesses. In response, in February 2025, the European Commission published the Omnibus package, which […]
CBAM – what is it and why does it matter? CBAM (Carbon Border Adjustment Mechanism) = An EU rule that makes companies pay for the carbon emissions of certain goods produced outside the EU. It helps stop companies from moving production to countries with weaker climate rules, and ensures fair competition. CBAM is the EU’s […]
A strong example of why climate risk matters to companies is the surge in extreme weather events, causing direct financial losses and operational disruptions across industries. In 2023, Hurricane Otis devastated Acapulco, Mexico, damaging 80% of hotels and causing an estimated $16 billion in losses. Wildfires in Los Angeles led to $250–275 billion in economic […]
What is a Life Cycle Assesment (LCA)? Life Cycle Assessment is a detailed, standardized method to measure a product’s environmental impacts across its entire life – from raw materials and production to use and disposal. LCAs follow international standards (ISO 14040 and 14044) to ensure reliable results. They assess factors such as carbon emissions, water […]
The story of Nature Line Cutlery began in 2018 when the founders started developing the next generation of cutlery made from renewable materials and wood industry side streams. Collaboration with major players in the forestry industry, such as UPM and Stora Enso, enabled the formation of an innovative expert team that focused on sustainable solutions. […]
What Is Life Cycle Assessment (LCA)? Life Cycle Assessment (LCA) is a structured approach to evaluating the environmental effects of a product, service, or process throughout its entire life cycle – from raw material extraction and manufacturing to distribution, use, and end-of-life management. Importantly, LCA does not focus solely on carbon dioxide emissions and climate […]
We use a third-party platform for video embedding on our website. To be able to watch video content, you need to accept third-party cookies. Manage cookie settings “Sustainability is in our DNA – it’s been part of our story since day one. Our goal is to strengthen the heartbeat of over a billion people by […]