The EU to Slash Emission by 90% by 2040
The European Commission has unveiled its strategy aimed at substantially boosting industrial carbon capture, storage, and utilization capacity across the EU in the coming years. This initiative stands as a pivotal component of the Commission’s overarching plan to realize its climate objectives, including the attainment of net zero emissions by 2050. The Commission has also proposed setting a target for the EU to slash net greenhouse gas emissions by 90% by 2040. This target serves as a crucial milestone on the journey towards achieving carbon neutrality by 2050. While emphasizing its primary focus on absolute emissions reductions, the Commission acknowledges the imperative of significantly enhancing the capacity for CO2 capture, storage, and utilization. This is particularly pertinent for addressing emissions stemming from challenging-to-decarbonize industrial processes and sectors like transportation and agriculture.
Verimpact at the Eurobank Workshop
Verimpact will be participating in the Eurobank Workshop on Green Transition on February 20th in the afternoon, as Christina Deligianni, Verimpact Managing Director, will be presenting the new EU Directive on Energy Efficiency and other EU regulations in Greek. To learn more about this, please visit this link to register!
Verimpact at the UNESCO World Conference on Culture and Arts Education 2024
Our team at Verimpact will be participating at the UNESCO World Conference on Culture and Arts Education 2024 in Abu Dhabi as speakers in the panel on Culture and Arts Education for a Sustainable Future on 14 February 2024 from 1:30pm to 2:30pm, Abu Dhabi Time. If interested in joining us, please reach out to us here!
EFRAG Consultation on Draft XBRL Taxonomy
EFRAG launches its public consultation on the Draft XBRL Taxonomy for ESRS Set 1 and consults on the draft XBRL Taxonomy for Article 8 disclosures. The digital taxonomies enable the marking up (‘tagging’) of sustainability reporting in machine-readable XBRL format. The consultation period will run until 8 April 2024, and EFRAG invites all stakeholders to provide comments through online consultation questionnaires. To learn more on this, please contact our team here.
5 // Verimpact Delivers Sustainability & ESG Webinar
The Verimpact team led by the Chief Operating Officer, Ms. Marina Deligianni, delivered an Introduction to Sustainability and ESG webinar to more than 30 participants of the EU-funded Horizon Program, South3E.
Verimpact, the ESG methodology, tool and training provider provides tools to companies to interpret and improve their environmental, social and governance (ESG) impact, through Sustainability Business Transformation. Verimpact offers a 360o solution to private companies or government / international organizations to measure their ESG impact, do their ESG reporting, train their human resources, put in place an ESG strategy and prepare for making an ESG investment. In other words, Verimpact assists organizations in becoming ESG-compliant at all levels with the existing and upcoming regulatory ESG legislation, attractive to investors and in measuring their ESG impact with a suite of products that are expertly designed by a world-acclaimed team and with state-of-the-art AI technologies and cloud solutions, and catering to all kinds of organizations, from governments to publicly-listed companies to start-ups. For more information on the Verimpact services, please visit www.verimpact.com
