{"id":4718,"date":"2023-11-16T19:17:39","date_gmt":"2023-11-16T18:17:39","guid":{"rendered":"https:\/\/stxgroup.com\/strive\/?p=4718"},"modified":"2024-12-19T15:35:09","modified_gmt":"2024-12-19T14:35:09","slug":"navigating-california-disclosures","status":"publish","type":"post","link":"https:\/\/stxgroup.com\/strive\/latest-news\/navigating-california-disclosures\/","title":{"rendered":"Understanding California’s New Climate Disclosure Rules"},"content":{"rendered":"\n

This article was published on November 16, 2024. Since the published date, California\u2019s governor, Gavin Newsom, signed into law Senate Bill 219 (SB 219), which enacts several amendments to the Climate Corporate Data Accountability Act (SB 253) and the Climate\u2010Related Financial Risk Act (SB 261), both of which are summarized in this previous Sidley Update<\/strong><\/em>. <\/strong><\/p>\n\n\n\n

<\/p>\n\n\n\n

California has long been a climate leader in the US, implementing innovative policies aimed at reducing anthropogenic carbon emissions including its Low-Carbon Fuel Standard and Cap & Trade Programs. On October 7, 2023, California Governor Gavin Newsom continued this leadership by passing the most comprehensive package of corporate climate disclosure laws in the US to date.  <\/p>\n\n\n\n

Why is California implementing these laws now?<\/em>  <\/h4>\n\n\n\n

The voluntary carbon offset market has continued to face criticism about the integrity and credibility of the market and companies\u2019 net zero and carbon neutral claims. Coupled with the ever-evolving risks posed by climate change \u2013 both known and unknown \u2013 to companies and their investors, California is eager to increase accountability and transparency related to carbon reduction claims within the state.  <\/p>\n\n\n\n

Below we outline each regulation and provide concrete next steps companies can take to prepare.  <\/p>\n\n\n\n

The Voluntary Carbon Market Disclosure Act (AB 1305)<\/strong> <\/h2>\n\n\n\n

The purpose of AB 1305<\/a> is to regulate the carbon offset market to increase transparency and accountability. This will bolster the credibility of the offset market and subsequent net zero and carbon neutrality claims made by companies. Companies can incur a civil penalty of up to $2,500 per day (capped at $500,000 per year) for each day of non-compliance. <\/p>\n\n\n\n

Who is obligated and what is required for compliance?<\/em> <\/h4>\n\n\n\n

Sellers and marketers of VCOs in California<\/strong> must disclose and annually update information on their websites, including: <\/p>\n\n\n\n

    \n
  1. The project type, location, timeline, quantity of GHG emissions reductions, and third-party verification or validation (if applicable); <\/li>\n<\/ol>\n\n\n\n
      \n
    1. The protocol used to estimate emissions reductions or removal benefits, including data and calculation methods needed for independent verification of claims, and whether the project meets requirements established by non-profit entities or law; and, <\/li>\n<\/ol>\n\n\n\n
        \n
      1. A plan of action for if GHG emissions reductions do not materialize or if stored carbon is released. <\/li>\n<\/ol>\n\n\n\n

        Purchasers and users of VCOs in California and making climate-related claims<\/strong> (e.g., carbon reductions or neutrality) must disclose and annually update information on their websites, including:  <\/p>\n\n\n\n

          \n
        1. The name of the entity selling the offset and the offset registry or program; <\/li>\n<\/ol>\n\n\n\n
            \n
          1. The project name, identification number, type, site location, protocol used to estimate emissions reductions or removal benefits, and third-party verification or validation (if applicable); and, <\/li>\n\n\n\n
          2. Information documenting how a carbon neutrality, or similar claim, was determined to be accurate or accomplished and how interim progress is measured (e.g., independent third-party verification, accounting methodology supporting the claim, and\/or science-based targets for emissions reductions and pathway for achieving reductions). <\/li>\n<\/ol>\n\n\n\n

            How should companies start preparing? <\/em> <\/h4>\n\n\n\n

            First, companies must substantiate their net zero, carbon-neutral, and other climate-related claims with reliable data and methodologies. We recommend removing any claims from marketing that cannot be substantiated. Having an independent third party verify claims and address concerns can offer significant benefits in this situation. Second, when basing carbon claims on VCOs, request all relevant project information from the seller.<\/p>\n\n\n\n

            While the bill does not specify the date on which the first set of disclosures must be posted to a company\u2019s website, assembly member Jesse Gabriel has submitted a formal letter <\/a>expressing intent for the first disclosure to be January 1, 2025. This deadline provides reporting entities with sufficient time to align their business practices with the AB 1305 objectives prior to being subject to potential civil fines. Within the year-long preparation period, organizations should strategize optimal methods to present mandated disclosure information on their business website.<\/p>\n\n\n\n

            The Climate Corporate Data Accountability Act (SB 253) <\/strong> <\/h2>\n\n\n\n

            Starting January 1, 2026, SB 253<\/a> will require companies that do business in California and earn an annual revenue of at least $1 billion to publicly disclose their scope 1, 2, and 3 emissions for the prior fiscal year.  Companies will have to measure their emissions using the Greenhouse Gas Protocol\u2019s accounting methodology and obtain third-party assurance for the quality and validity of their claims. Understanding the challenge associated with gathering data regarding scope 3 emissions, California plans to take a phased approach, not requiring scope 3 disclosures until the 2027 reporting year.   <\/p>\n\n\n\n

            How should companies start preparing?<\/em> <\/h4>\n\n\n\n

            Though uncertainties exist about the final rule, early preparation remains crucial. Companies not currently measuring or disclosing GHG emissions should start gathering the required data and consider hiring a third-party firm who can help validate their data and claims. Companies already disclosing but not presently utilizing Greenhouse Gas Protocol\u2019s accounting methodology should consider the requirements for transitioning. <\/p>\n\n\n\n

            The Climate-Related Financial Risk Act (SB 261)<\/strong> <\/h2>\n\n\n\n

            SB 261<\/a> will require companies that do business in California and earn an annual revenue of at least $500 million to prepare a publicly available, biennial report \u2013 starting in 2026 \u2013 that discloses their climate-related financial risk. The report must also outline the measures the company has adopted to reduce and adapt to climate-related financial risks.  <\/p>\n\n\n\n

            \nGET IN TOUCH<\/b><\/span><\/a>\n<\/section>\n\n\n\n

            How should companies start preparing?<\/em> <\/h4>\n\n\n\n

            California is relying on guidance developed by The Task Force on Climate-Related Financial Disclosures (TCFD) to provide companies with a framework for the report. We recommend acquainting oneself with the Task Force\u2019s June 2017 Final Report if not already familiar with it. Similar to the GHG disclosures, companies may find it prudent to hire a third-party firm who can validate the data in their report and evaluate their adaptation measures.  <\/p>\n\n\n\n

            Note that although SB 253 and SB 261 passed, they lack key specifications California Air Resources Board (CARB) will develop by January 1, 2025. There are concerns about infeasible implementation deadlines and inconsistencies in reporting across companies, as well as the overall financial impact. CARB possesses the authority to address and resolve these concerns within its rulemaking and law implementation. While companies wait for full clarity, they can still take concrete steps to start preparing.  <\/p>\n\n\n\n

            Lastly, these requirements, in certain critical aspects, may very well surpass the forthcoming SEC climate-related disclosure rule applicable to Accelerated and Large Accelerated Filers. Moreover, global companies subject to the California bills may also fall under the EU’s Corporate Sustainability Reporting Directive (CSRD)<\/a>, which applies to companies meeting specific thresholds and operating within the EU. Consequently, companies must anticipate dealing with overlapping yet distinct climate-related disclosure mandates across multiple jurisdictions.<\/p>\n","protected":false},"excerpt":{"rendered":"

            This article was published on November 16, 2024. Since the published date, California\u2019s governor, Gavin Newsom, signed into law Senate Bill 219 (SB 219), which enacts several amendments to the\u2026<\/p>\n","protected":false},"author":16,"featured_media":4854,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[54],"tags":[],"class_list":["post-4718","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-update"],"yoast_head":"\nUnderstanding California's New Climate Disclosure Rules - STRIVE by STX<\/title>\n<meta name=\"description\" content=\"California Governor Gavin Newsom is eager to increase accountability and transparency through climate disclosure laws within the state.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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Regulations","objectives":false,"tag_service":"","description":"","posts":[5792,8044,7884,7862,7843,6458,5863,5429,4803,4714,4718,3929],"position":[],"faqs":false,"products_claim":"","image_color":"","ID":8257,"post_title":"Comply with Regulations","post_content":"<!-- wp:create-block\/gb-hero-featured-image \/-->\n\n<!-- wp:create-block\/gb-subhero-intro {\"margin_bottom\":\"sm\"} -->\n<section class=\"c-rhombus-row c-row--expanded c-rhombus-row--mb__sm\"><div class=\"c-rhombus-row--side c-row--expanded-col-4 c-rhombus-row--mb__sm\"><div class=\"c-row--expanded--inner\"><\/div><\/div><div class=\"c-rhombus-row--main c-row--expanded-col-8\"><div class=\"rhombus c-rhombus-row--rhombus-bg rhombus--color-coral\"><\/div><div class=\"rhombus c-rhombus-row--rhombus-main rhombus--size-big rhombus--color-rock\"><div class=\"c-rhombus-row--rhombus-main-inner c-row--expanded--inner\"><!-- wp:create-block\/gb-text {\"content\":\"\\u003cstrong\\u003eAs climate regulations worldwide tighten, it is crucial for\\u003cbr\\u003ebusinesses to stay ahead of the curve. \\u003cbr\\u003e\\u003c\/strong\\u003e\\u003cbr\\u003eOur regulatory insights and services guide your company\\u003cbr\\u003ethrough the complexities of environmental policies, helping you\\u003cbr\\u003ereduce risk, meet compliance standards, and gain a competitive\\u003cbr\\u003eadvantage.\",\"content_tag\":\"div\",\"template_class\":\"c-rhombus-row\\u002d\\u002drhombus-main-inner\"} -->\n<div class=\"wp-block-create-block-gb-text c-rhombus-row--rhombus-main-inner\"><strong>As climate regulations worldwide tighten, it is crucial for<br>businesses to stay ahead of the curve. <br><\/strong><br>Our regulatory insights and services guide your company<br>through the complexities of environmental policies, helping you<br>reduce risk, meet compliance standards, and gain a competitive<br>advantage.<\/div>\n<!-- \/wp:create-block\/gb-text --><\/div><\/div><\/div><\/section>\n<!-- \/wp:create-block\/gb-subhero-intro -->\n\n<!-- wp:create-block\/gb-button-get-in-touch {\"linkString\":\"\/contact\/\",\"content\":\"Get started\",\"columns\":\"5\"} -->\n<div class=\"c-button-right-line c-row--expanded\"><div class=\"rhombus rhombus--color-mirage c-row--expanded-col-last c-row--expanded-col-5\"><div class=\"c-row--expanded--inner\"><a href=\"\/contact\/\" class=\"c-button\"><span>Get started<\/span><\/a><\/div><\/div><\/div>\n<!-- \/wp:create-block\/gb-button-get-in-touch -->\n\n<!-- wp:create-block\/gb-vertical-gap {\"gap\":\"150\"} -->\n<div class=\"c-mb-150\"><\/div>\n<!-- \/wp:create-block\/gb-vertical-gap -->\n\n<!-- wp:create-block\/gb-heading-rhombus {\"content\":\"European Regulations and Subsidies\",\"gap\":\"4\",\"color\":\"zodiac\"} -->\n<div class=\"c-row--expanded\"><div class=\"c-row--expanded-col-first c-row--expanded-col-8\"><div class=\"c-heading-line c-heading-line--left c-heading-line--color-zodiac c-row--expanded--inner\"><p class=\"c-heading-line--text\">European Regulations and Subsidies<\/p><\/div><\/div><\/div>\n<!-- \/wp:create-block\/gb-heading-rhombus -->\n\n<!-- wp:create-block\/gb-grid-row -->\n<div class=\"row-wide grid-row\"><div class=\"wp-block-create-block-gb-grid-row c-row\"><!-- wp:create-block\/gb-grid-item {\"cols_number\":\"6\"} -->\n<div class=\"wp-block-create-block-gb-grid-item c-col-6\"><!-- wp:create-block\/gb-container-block {\"className\":\"c-item-inlist grid-row\"} -->\n<div class=\"wp-block-create-block-gb-container-block c-item-inlist grid-row\"><!-- wp:create-block\/gb-text-equal-height {\"content\":\"CSRD for corporates\",\"content_tag\":\"h3\",\"template_class\":\"c-item-inlist\\u002d\\u002dtitle\",\"data_equal_height_type\":\"grid-item-title\"} -->\n<h3 class=\"wp-block-create-block-gb-text-equal-height c-item-inlist--title js__equal-height\" data-equal-height-type=\"grid-item-title\">CSRD for corporates<\/h3>\n<!-- \/wp:create-block\/gb-text-equal-height -->\n\n<!-- wp:create-block\/gb-text {\"content\":\"The EU CSRD requires companies to provide detailed reporting on sustainability practices and environmental impacts. We offer support to ensure you meet these reporting requirements\",\"template_class\":\"c-item-inlist\\u002d\\u002ddescription\"} -->\n<p class=\"wp-block-create-block-gb-text c-item-inlist--description\">The EU CSRD requires companies to provide detailed reporting on sustainability practices and environmental impacts. We offer support to ensure you meet these reporting requirements<\/p>\n<!-- \/wp:create-block\/gb-text -->\n\n<!-- wp:create-block\/gb-text {\"content\":\"\\u003ca href=\\u0022https:\/\/stxgroup.com\/strive\/service\/corporate-sustainability-reporting-directive-csrd-corporates\/\\u0022 target=\\u0022_blank\\u0022 rel=\\u0022noreferrer noopener\\u0022\\u003eRead more\\u003c\/a\\u003e\"} -->\n<p class=\"wp-block-create-block-gb-text\"><a href=\"https:\/\/stxgroup.com\/strive\/service\/corporate-sustainability-reporting-directive-csrd-corporates\/\" target=\"_blank\" rel=\"noreferrer noopener\">Read more<\/a><\/p>\n<!-- \/wp:create-block\/gb-text --><\/div>\n<!-- \/wp:create-block\/gb-container-block --><\/div>\n<!-- \/wp:create-block\/gb-grid-item -->\n\n<!-- wp:create-block\/gb-grid-item {\"cols_number\":\"6\"} -->\n<div class=\"wp-block-create-block-gb-grid-item c-col-6\"><!-- wp:create-block\/gb-container-block {\"className\":\"c-item-inlist grid-row\"} -->\n<div class=\"wp-block-create-block-gb-container-block c-item-inlist grid-row\"><!-- wp:create-block\/gb-text-equal-height {\"content\":\"CSRD for suppliers\",\"content_tag\":\"h3\",\"template_class\":\"c-item-inlist\\u002d\\u002dtitle\",\"data_equal_height_type\":\"grid-item-title\"} -->\n<h3 class=\"wp-block-create-block-gb-text-equal-height c-item-inlist--title js__equal-height\" data-equal-height-type=\"grid-item-title\">CSRD for suppliers<\/h3>\n<!-- \/wp:create-block\/gb-text-equal-height -->\n\n<!-- wp:create-block\/gb-text {\"content\":\"Suppliers impacted by the Corporate Sustainability Reporting Directive (CSRD) must ensure their reporting aligns with corporate sustainability goals and regulatory requirements.\",\"template_class\":\"c-item-inlist\\u002d\\u002ddescription\"} -->\n<p class=\"wp-block-create-block-gb-text c-item-inlist--description\">Suppliers impacted by the Corporate Sustainability Reporting Directive (CSRD) must ensure their reporting aligns with corporate sustainability goals and regulatory requirements.<\/p>\n<!-- \/wp:create-block\/gb-text -->\n\n<!-- wp:create-block\/gb-text {\"content\":\"\\u003ca href=\\u0022https:\/\/stxgroup.com\/strive\/service\/corporate-sustainability-reporting-directive-csrd-suppliers\/\\u0022\\u003eRead\\u003c\/a\\u003e\\u003ca href=\\u0022https:\/\/stxgroup.com\/strive\/service\/corporate-sustainability-reporting-directive-csrd-suppliers\/\\u0022 target=\\u0022_blank\\u0022 rel=\\u0022noreferrer noopener\\u0022\\u003e \\u003c\/a\\u003e\\u003ca href=\\u0022https:\/\/stxgroup.com\/strive\/service\/corporate-sustainability-reporting-directive-csrd-suppliers\/\\u0022\\u003emore\\u003c\/a\\u003e\"} -->\n<p class=\"wp-block-create-block-gb-text\"><a href=\"https:\/\/stxgroup.com\/strive\/service\/corporate-sustainability-reporting-directive-csrd-suppliers\/\">Read<\/a><a href=\"https:\/\/stxgroup.com\/strive\/service\/corporate-sustainability-reporting-directive-csrd-suppliers\/\" target=\"_blank\" rel=\"noreferrer noopener\"> <\/a><a href=\"https:\/\/stxgroup.com\/strive\/service\/corporate-sustainability-reporting-directive-csrd-suppliers\/\">more<\/a><\/p>\n<!-- \/wp:create-block\/gb-text --><\/div>\n<!-- \/wp:create-block\/gb-container-block --><\/div>\n<!-- \/wp:create-block\/gb-grid-item -->\n\n<!-- wp:create-block\/gb-grid-item {\"cols_number\":\"6\"} -->\n<div class=\"wp-block-create-block-gb-grid-item c-col-6\"><!-- wp:create-block\/gb-container-block {\"className\":\"c-item-inlist grid-row\"} -->\n<div class=\"wp-block-create-block-gb-container-block c-item-inlist grid-row\"><!-- wp:create-block\/gb-text-equal-height {\"content\":\"Energy Efficiency Directive (EED)\",\"content_tag\":\"h3\",\"template_class\":\"c-item-inlist\\u002d\\u002dtitle\",\"data_equal_height_type\":\"grid-item-title\"} -->\n<h3 class=\"wp-block-create-block-gb-text-equal-height c-item-inlist--title js__equal-height\" data-equal-height-type=\"grid-item-title\">Energy Efficiency Directive (EED)<\/h3>\n<!-- \/wp:create-block\/gb-text-equal-height -->\n\n<!-- wp:create-block\/gb-text {\"content\":\"Large companies in the EU must improve energy performance under the Energy Efficiency Directive. Compliance with this directive helps reduce energy consumption and operational costs.\",\"template_class\":\"c-item-inlist\\u002d\\u002ddescription\"} -->\n<p class=\"wp-block-create-block-gb-text c-item-inlist--description\">Large companies in the EU must improve energy performance under the Energy Efficiency Directive. Compliance with this directive helps reduce energy consumption and operational costs.<\/p>\n<!-- \/wp:create-block\/gb-text -->\n\n<!-- wp:create-block\/gb-text {\"content\":\"\"} -->\n<p class=\"wp-block-create-block-gb-text\"><\/p>\n<!-- \/wp:create-block\/gb-text --><\/div>\n<!-- \/wp:create-block\/gb-container-block --><\/div>\n<!-- \/wp:create-block\/gb-grid-item -->\n\n<!-- wp:create-block\/gb-grid-item {\"cols_number\":\"6\"} -->\n<div class=\"wp-block-create-block-gb-grid-item c-col-6\"><!-- wp:create-block\/gb-container-block {\"className\":\"c-item-inlist grid-row\"} -->\n<div class=\"wp-block-create-block-gb-container-block c-item-inlist grid-row\"><!-- wp:create-block\/gb-text-equal-height {\"content\":\"EU Emissions Trading System (ETS)\",\"content_tag\":\"h3\",\"template_class\":\"c-item-inlist\\u002d\\u002dtitle\",\"data_equal_height_type\":\"grid-item-title\"} -->\n<h3 class=\"wp-block-create-block-gb-text-equal-height c-item-inlist--title js__equal-height\" data-equal-height-type=\"grid-item-title\">EU Emissions Trading System (ETS)<\/h3>\n<!-- \/wp:create-block\/gb-text-equal-height -->\n\n<!-- wp:create-block\/gb-text {\"content\":\"Manage your carbon allowances effectively to comply with the EU ETS. Refer to our expert partners at Vertis for complete ETS guidance and compliance strategies.\",\"template_class\":\"c-item-inlist\\u002d\\u002ddescription\"} -->\n<p class=\"wp-block-create-block-gb-text c-item-inlist--description\">Manage your carbon allowances effectively to comply with the EU ETS. Refer to our expert partners at Vertis for complete ETS guidance and compliance strategies.<\/p>\n<!-- \/wp:create-block\/gb-text -->\n\n<!-- wp:create-block\/gb-text {\"content\":\"\\u003ca href=\\u0022https:\/\/vertis.com\/\\u0022 target=\\u0022_blank\\u0022 rel=\\u0022noreferrer noopener\\u0022\\u003eRead more\\u003c\/a\\u003e\"} -->\n<p class=\"wp-block-create-block-gb-text\"><a href=\"https:\/\/vertis.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Read more<\/a><\/p>\n<!-- \/wp:create-block\/gb-text --><\/div>\n<!-- \/wp:create-block\/gb-container-block --><\/div>\n<!-- \/wp:create-block\/gb-grid-item -->\n\n<!-- wp:create-block\/gb-grid-item {\"cols_number\":\"6\"} -->\n<div class=\"wp-block-create-block-gb-grid-item c-col-6\"><!-- wp:create-block\/gb-container-block {\"className\":\"c-item-inlist grid-row\"} -->\n<div class=\"wp-block-create-block-gb-container-block c-item-inlist grid-row\"><!-- wp:create-block\/gb-text-equal-height {\"content\":\"CBAM for Importers and Exporters\",\"content_tag\":\"h3\",\"template_class\":\"c-item-inlist\\u002d\\u002dtitle\",\"data_equal_height_type\":\"grid-item-title\"} -->\n<h3 class=\"wp-block-create-block-gb-text-equal-height c-item-inlist--title js__equal-height\" data-equal-height-type=\"grid-item-title\">CBAM for Importers and Exporters<\/h3>\n<!-- \/wp:create-block\/gb-text-equal-height -->\n\n<!-- wp:create-block\/gb-text {\"content\":\"Ensure your goods meet EU climate requirements by effectively managing carbon emissions and aligning with the Carbon Border Adjustment Mechanism (CBAM) regulations. Whether you are exporting or importing products into the EU, we help you stay compliant, minimize tariffs, and remain competitive.\",\"template_class\":\"c-item-inlist\\u002d\\u002ddescription\"} -->\n<p class=\"wp-block-create-block-gb-text c-item-inlist--description\">Ensure your goods meet EU climate requirements by effectively managing carbon emissions and aligning with the Carbon Border Adjustment Mechanism (CBAM) regulations. Whether you are exporting or importing products into the EU, we help you stay compliant, minimize tariffs, and remain competitive.<\/p>\n<!-- \/wp:create-block\/gb-text -->\n\n<!-- wp:create-block\/gb-text {\"content\":\"\\u003ca href=\\u0022https:\/\/stxgroup.com\/strive\/service\/cbam\/\\u0022 target=\\u0022_blank\\u0022 rel=\\u0022noreferrer noopener\\u0022\\u003eRead more\\u003c\/a\\u003e\"} -->\n<p class=\"wp-block-create-block-gb-text\"><a href=\"https:\/\/stxgroup.com\/strive\/service\/cbam\/\" target=\"_blank\" rel=\"noreferrer noopener\">Read more<\/a><\/p>\n<!-- \/wp:create-block\/gb-text --><\/div>\n<!-- \/wp:create-block\/gb-container-block --><\/div>\n<!-- \/wp:create-block\/gb-grid-item -->\n\n<!-- wp:create-block\/gb-grid-item {\"cols_number\":\"6\"} -->\n<div class=\"wp-block-create-block-gb-grid-item c-col-6\"><!-- wp:create-block\/gb-container-block {\"className\":\"c-item-inlist grid-row\"} -->\n<div class=\"wp-block-create-block-gb-container-block c-item-inlist grid-row\"><!-- wp:create-block\/gb-text-equal-height {\"content\":\"CSDDD Compliance for Corporates and Suppliers\",\"content_tag\":\"h3\",\"template_class\":\"c-item-inlist\\u002d\\u002dtitle\",\"data_equal_height_type\":\"grid-item-title\"} -->\n<h3 class=\"wp-block-create-block-gb-text-equal-height c-item-inlist--title js__equal-height\" data-equal-height-type=\"grid-item-title\">CSDDD Compliance for Corporates and Suppliers<\/h3>\n<!-- \/wp:create-block\/gb-text-equal-height -->\n\n<!-- wp:create-block\/gb-text {\"content\":\"The EU Corporate Sustainability Due Diligence Directive (CSDDD) requires companies to ensure human rights and environmental standards are met across their supply chains. We offer guidance to help you navigate CSDDD.\",\"template_class\":\"c-item-inlist\\u002d\\u002ddescription\"} -->\n<p class=\"wp-block-create-block-gb-text c-item-inlist--description\">The EU Corporate Sustainability Due Diligence Directive (CSDDD) requires companies to ensure human rights and environmental standards are met across their supply chains. We offer guidance to help you navigate CSDDD.<\/p>\n<!-- \/wp:create-block\/gb-text -->\n\n<!-- wp:create-block\/gb-text {\"content\":\"\"} -->\n<p class=\"wp-block-create-block-gb-text\"><\/p>\n<!-- \/wp:create-block\/gb-text --><\/div>\n<!-- \/wp:create-block\/gb-container-block --><\/div>\n<!-- \/wp:create-block\/gb-grid-item -->\n\n<!-- wp:create-block\/gb-grid-item {\"cols_number\":\"6\"} -->\n<div class=\"wp-block-create-block-gb-grid-item c-col-6\"><!-- wp:create-block\/gb-container-block {\"className\":\"c-item-inlist grid-row\"} -->\n<div class=\"wp-block-create-block-gb-container-block c-item-inlist grid-row\"><!-- wp:create-block\/gb-text-equal-height {\"content\":\"Subsidy for Energy-Intensive Industries in Spain\",\"content_tag\":\"h3\",\"template_class\":\"c-item-inlist\\u002d\\u002dtitle\",\"data_equal_height_type\":\"grid-item-title\"} -->\n<h3 class=\"wp-block-create-block-gb-text-equal-height c-item-inlist--title js__equal-height\" data-equal-height-type=\"grid-item-title\">Subsidy for Energy-Intensive Industries in Spain<\/h3>\n<!-- \/wp:create-block\/gb-text-equal-height -->\n\n<!-- wp:create-block\/gb-text {\"content\":\"Financial aid for energy-intensive industries in Spain to reduce electricity costs and enhance competitiveness, supporting sustainable energy use.\",\"template_class\":\"c-item-inlist\\u002d\\u002ddescription\"} -->\n<p class=\"wp-block-create-block-gb-text c-item-inlist--description\">Financial aid for energy-intensive industries in Spain to reduce electricity costs and enhance competitiveness, supporting sustainable energy use.<\/p>\n<!-- \/wp:create-block\/gb-text -->\n\n<!-- wp:create-block\/gb-text {\"content\":\"\\u003ca href=\\u0022https:\/\/stxgroup.com\/strive\/service\/state-aid-energy-intensive-companies-spain\/\\u0022 target=\\u0022_blank\\u0022 rel=\\u0022noreferrer noopener\\u0022\\u003eRead more\\u003c\/a\\u003e\"} -->\n<p class=\"wp-block-create-block-gb-text\"><a href=\"https:\/\/stxgroup.com\/strive\/service\/state-aid-energy-intensive-companies-spain\/\" target=\"_blank\" rel=\"noreferrer noopener\">Read more<\/a><\/p>\n<!-- \/wp:create-block\/gb-text --><\/div>\n<!-- \/wp:create-block\/gb-container-block --><\/div>\n<!-- \/wp:create-block\/gb-grid-item -->\n\n<!-- wp:create-block\/gb-grid-item {\"cols_number\":\"6\"} -->\n<div class=\"wp-block-create-block-gb-grid-item c-col-6\"><!-- wp:create-block\/gb-container-block {\"className\":\"c-item-inlist grid-row\"} -->\n<div class=\"wp-block-create-block-gb-container-block c-item-inlist grid-row\"><!-- wp:create-block\/gb-text-equal-height {\"content\":\"Germany's Decarbonization Subsidies\",\"content_tag\":\"h3\",\"template_class\":\"c-item-inlist\\u002d\\u002dtitle\",\"data_equal_height_type\":\"grid-item-title\"} -->\n<h3 class=\"wp-block-create-block-gb-text-equal-height c-item-inlist--title js__equal-height\" data-equal-height-type=\"grid-item-title\">Germany's Decarbonization Subsidies<\/h3>\n<!-- \/wp:create-block\/gb-text-equal-height -->\n\n<!-- wp:create-block\/gb-text {\"content\":\"Discover Germany Decarbonization Subsidies like SPK, BesAr, KSV \\u0026amp; BEHG that cut emissions and reduce costs for energy-intensive industries.\",\"template_class\":\"c-item-inlist\\u002d\\u002ddescription\"} -->\n<p class=\"wp-block-create-block-gb-text c-item-inlist--description\">Discover Germany Decarbonization Subsidies like SPK, BesAr, KSV & BEHG that cut emissions and reduce costs for energy-intensive industries.<\/p>\n<!-- \/wp:create-block\/gb-text -->\n\n<!-- wp:create-block\/gb-text {\"content\":\"\\u003ca href=\\u0022https:\/\/stxgroup.com\/strive\/service\/germany-decarbonization-subsidies\/\\u0022 target=\\u0022_blank\\u0022 rel=\\u0022noreferrer noopener\\u0022\\u003eRead more\\u003c\/a\\u003e\"} -->\n<p class=\"wp-block-create-block-gb-text\"><a href=\"https:\/\/stxgroup.com\/strive\/service\/germany-decarbonization-subsidies\/\" target=\"_blank\" rel=\"noreferrer noopener\">Read more<\/a><\/p>\n<!-- \/wp:create-block\/gb-text --><\/div>\n<!-- \/wp:create-block\/gb-container-block --><\/div>\n<!-- \/wp:create-block\/gb-grid-item --><\/div><\/div>\n<!-- \/wp:create-block\/gb-grid-row -->\n\n<!-- wp:create-block\/gb-vertical-gap {\"gap\":\"50\"} -->\n<div class=\"c-mb-50\"><\/div>\n<!-- \/wp:create-block\/gb-vertical-gap -->\n\n<!-- wp:create-block\/gb-heading-rhombus {\"content\":\"United States Regulations\",\"color\":\"zodiac\"} -->\n<div class=\"c-row--expanded\"><div class=\"c-row--expanded-col-first c-row--expanded-col-6\"><div class=\"c-heading-line c-heading-line--left c-heading-line--color-zodiac c-row--expanded--inner\"><p class=\"c-heading-line--text\">United States Regulations<\/p><\/div><\/div><\/div>\n<!-- \/wp:create-block\/gb-heading-rhombus -->\n\n<!-- wp:create-block\/gb-grid-row -->\n<div class=\"row-wide grid-row\"><div class=\"wp-block-create-block-gb-grid-row c-row\"><!-- wp:create-block\/gb-grid-item {\"cols_number\":\"6\"} -->\n<div class=\"wp-block-create-block-gb-grid-item c-col-6\"><!-- wp:create-block\/gb-container-block {\"className\":\"c-item-inlist grid-row\"} -->\n<div class=\"wp-block-create-block-gb-container-block c-item-inlist grid-row\"><!-- wp:create-block\/gb-text-equal-height {\"content\":\"California\u2019s new proposals\",\"content_tag\":\"h3\",\"template_class\":\"c-item-inlist\\u002d\\u002dtitle\",\"data_equal_height_type\":\"grid-item-title\"} -->\n<h3 class=\"wp-block-create-block-gb-text-equal-height c-item-inlist--title js__equal-height\" data-equal-height-type=\"grid-item-title\">California\u2019s new proposals<\/h3>\n<!-- \/wp:create-block\/gb-text-equal-height -->\n\n<!-- wp:create-block\/gb-text {\"content\":\"California continues to lead the U.S. in aggressive climate regulations. Stay informed about the latest proposals and understand how they may impact your operations and sustainability plans.\",\"template_class\":\"c-item-inlist\\u002d\\u002ddescription\"} -->\n<p class=\"wp-block-create-block-gb-text c-item-inlist--description\">California continues to lead the U.S. in aggressive climate regulations. Stay informed about the latest proposals and understand how they may impact your operations and sustainability plans.<\/p>\n<!-- \/wp:create-block\/gb-text -->\n\n<!-- wp:create-block\/gb-text {\"content\":\"\"} -->\n<p class=\"wp-block-create-block-gb-text\"><\/p>\n<!-- \/wp:create-block\/gb-text --><\/div>\n<!-- \/wp:create-block\/gb-container-block --><\/div>\n<!-- \/wp:create-block\/gb-grid-item -->\n\n<!-- wp:create-block\/gb-grid-item {\"cols_number\":\"6\"} -->\n<div class=\"wp-block-create-block-gb-grid-item c-col-6\"><!-- wp:create-block\/gb-container-block {\"className\":\"c-item-inlist grid-row\"} -->\n<div class=\"wp-block-create-block-gb-container-block c-item-inlist grid-row\"><!-- wp:create-block\/gb-text-equal-height {\"content\":\"US Carbon Compliance Programs\",\"content_tag\":\"h3\",\"template_class\":\"c-item-inlist\\u002d\\u002dtitle\",\"data_equal_height_type\":\"grid-item-title\"} -->\n<h3 class=\"wp-block-create-block-gb-text-equal-height c-item-inlist--title js__equal-height\" data-equal-height-type=\"grid-item-title\">US Carbon Compliance Programs<\/h3>\n<!-- \/wp:create-block\/gb-text-equal-height -->\n\n<!-- wp:create-block\/gb-text {\"content\":\"Learn about U.S.-specific carbon compliance programs that affect businesses operating in regulated states. Understanding these programs ensures that you meet both national and state-level requirements.\",\"template_class\":\"c-item-inlist\\u002d\\u002ddescription\"} -->\n<p class=\"wp-block-create-block-gb-text c-item-inlist--description\">Learn about U.S.-specific carbon compliance programs that affect businesses operating in regulated states. Understanding these programs ensures that you meet both national and state-level requirements.<\/p>\n<!-- \/wp:create-block\/gb-text -->\n\n<!-- wp:create-block\/gb-text {\"content\":\"\\u003ca href=\\u0022https:\/\/stxgroup.com\/strive\/latest-news\/carbon-compliance-programs-what-corporates-need-to-know\/\\u0022\\u003eRead more\\u003c\/a\\u003e\"} -->\n<p class=\"wp-block-create-block-gb-text\"><a href=\"https:\/\/stxgroup.com\/strive\/latest-news\/carbon-compliance-programs-what-corporates-need-to-know\/\">Read more<\/a><\/p>\n<!-- \/wp:create-block\/gb-text --><\/div>\n<!-- \/wp:create-block\/gb-container-block --><\/div>\n<!-- \/wp:create-block\/gb-grid-item -->\n\n<!-- wp:create-block\/gb-grid-item {\"cols_number\":\"6\"} -->\n<div class=\"wp-block-create-block-gb-grid-item c-col-6\"><!-- wp:create-block\/gb-container-block {\"className\":\"c-item-inlist grid-row\"} -->\n<div class=\"wp-block-create-block-gb-container-block c-item-inlist grid-row\"><!-- wp:create-block\/gb-text-equal-height {\"content\":\"ACT ZEV Credits\",\"content_tag\":\"h3\",\"template_class\":\"c-item-inlist\\u002d\\u002dtitle\",\"data_equal_height_type\":\"grid-item-title\"} -->\n<h3 class=\"wp-block-create-block-gb-text-equal-height c-item-inlist--title js__equal-height\" data-equal-height-type=\"grid-item-title\">ACT ZEV Credits<\/h3>\n<!-- \/wp:create-block\/gb-text-equal-height -->\n\n<!-- wp:create-block\/gb-text {\"content\":\"The U.S. ACT ZEV Credits incentivize the adoption of zero-emission vehicles, particularly in the transportation sector. Explore how this program can improve your fleet management strategies.\",\"template_class\":\"c-item-inlist\\u002d\\u002ddescription\"} -->\n<p class=\"wp-block-create-block-gb-text c-item-inlist--description\">The U.S. ACT ZEV Credits incentivize the adoption of zero-emission vehicles, particularly in the transportation sector. Explore how this program can improve your fleet management strategies.<\/p>\n<!-- \/wp:create-block\/gb-text -->\n\n<!-- wp:create-block\/gb-text {\"content\":\"\\u003ca href=\\u0022https:\/\/stxgroup.com\/strive\/act-zev-credits\/\\u0022\\u003eRead more\\u003c\/a\\u003e\"} -->\n<p class=\"wp-block-create-block-gb-text\"><a href=\"https:\/\/stxgroup.com\/strive\/act-zev-credits\/\">Read more<\/a><\/p>\n<!-- \/wp:create-block\/gb-text --><\/div>\n<!-- \/wp:create-block\/gb-container-block --><\/div>\n<!-- \/wp:create-block\/gb-grid-item --><\/div><\/div>\n<!-- \/wp:create-block\/gb-grid-row -->\n\n<!-- wp:create-block\/gb-service-related-content \/-->\n\n<!-- wp:create-block\/gb-contact-form-minimal -->\n<section class=\"wp-block-create-block-gb-contact-form-minimal c-contact-form-minimal c-row--expanded\"><!-- wp:create-block\/gb-container-block {\"className\":\"c-row\\u002d\\u002dexpanded-col-12\"} -->\n<div class=\"wp-block-create-block-gb-container-block c-row--expanded-col-12\"><!-- wp:create-block\/gb-container-block {\"className\":\"c-contact-form-minimal\\u002d\\u002dcontent c-row\\u002d\\u002dexpanded\\u002d\\u002dinner\"} -->\n<div class=\"wp-block-create-block-gb-container-block c-contact-form-minimal--content c-row--expanded--inner\"><!-- wp:create-block\/gb-text {\"content\":\"Are yo ready to take action? fill out the form below to schedule a call with our team\",\"content_tag\":\"h3\",\"template_class\":\"c-contact-form-minimal\\u002d\\u002dtitle\"} -->\n<h3 class=\"wp-block-create-block-gb-text c-contact-form-minimal--title\">Are yo ready to take action? fill out the form below to schedule a call with our team<\/h3>\n<!-- \/wp:create-block\/gb-text -->\n\n<!-- wp:leadin\/hubspot-form-block {\"portalId\":\"27215429\",\"formId\":\"c37b1f9a-06c2-4be9-960e-c49f5f9b9473\",\"formName\":\"Strive - All - WH Contact Form \"} -->\n<div class=\"wp-block-leadin-hubspot-form-block\">[hubspot portal=\"27215429\" id=\"c37b1f9a-06c2-4be9-960e-c49f5f9b9473\" type=\"form\"]<\/div>\n<!-- \/wp:leadin\/hubspot-form-block --><\/div>\n<!-- \/wp:create-block\/gb-container-block --><\/div>\n<!-- \/wp:create-block\/gb-container-block --><\/section>\n<!-- \/wp:create-block\/gb-contact-form-minimal -->","post_excerpt":"","post_author":"13","post_date":"2024-10-24 16:34:41","post_date_gmt":"2024-10-24 14:34:41","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"comply-with-regulations","to_ping":"","pinged":"","post_modified":"2025-07-09 15:48:45","post_modified_gmt":"2025-07-09 13:48:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/stxgroup.com\/strive\/?post_type=service&p=8257","menu_order":0,"post_type":"service","post_mime_type":"","comment_count":"0","comments":false,"_thumbnail_id":["8223","20","2024-10-24 13:40:50","2024-10-24 11:40:50","","comply with regulations","","inherit","closed","closed","","comply-with-regulations","","","2024-10-24 13:40:50","2024-10-24 11:40:50","","8221","https:\/\/stxgroup.com\/app\/themes\/ChildTheme\/assets\/uploads\/site\/4\/2024\/10\/comply-with-regulations.jpg","0","attachment","image\/jpeg","0","8223"],"language":[{"term_id":"15","name":"English","slug":"en","term_group":"0","term_taxonomy_id":"15","taxonomy":"language","description":"a:3:{s:6:\"locale\";s:5:\"en_GB\";s:3:\"rtl\";i:0;s:9:\"flag_code\";s:2:\"gb\";}","parent":"0","count":"277","object_id":"9362","term_order":"0","pod_item_id":"15"}],"post_translations":false,"id":8257}],"subtitle":"","date_post":"0000-00-00","sectors":false,"company_logo":false,"glossary_terms":false,"pll_sync_post":[],"_links":{"self":[{"href":"https:\/\/stxgroup.com\/strive\/wp-json\/wp\/v2\/posts\/4718","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stxgroup.com\/strive\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stxgroup.com\/strive\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stxgroup.com\/strive\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/stxgroup.com\/strive\/wp-json\/wp\/v2\/comments?post=4718"}],"version-history":[{"count":2,"href":"https:\/\/stxgroup.com\/strive\/wp-json\/wp\/v2\/posts\/4718\/revisions"}],"predecessor-version":[{"id":8350,"href":"https:\/\/stxgroup.com\/strive\/wp-json\/wp\/v2\/posts\/4718\/revisions\/8350"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stxgroup.com\/strive\/wp-json\/wp\/v2\/media\/4854"}],"wp:attachment":[{"href":"https:\/\/stxgroup.com\/strive\/wp-json\/wp\/v2\/media?parent=4718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stxgroup.com\/strive\/wp-json\/wp\/v2\/categories?post=4718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stxgroup.com\/strive\/wp-json\/wp\/v2\/tags?post=4718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}