Latest news with #ClimateCorporateDataAccountabilityAct
Yahoo
04-06-2025
- Business
- Yahoo
Integral Ad Science Partners With Impact Plus To Empower Advertisers to Tackle Digital Advertising Emissions
Global partnership will see sustaintech platform's carbon evaluation technology integrated into IAS's platform, enabling marketers to measure their media's environmental impact alongside quality and attention metrics NEW YORK, June 4, 2025 /PRNewswire/ -- Integral Ad Science (IAS), a leading global media measurement and optimization platform, and Impact Plus, a leading sustaintech solution, announced a new partnership that will allow advertisers to track and optimize the performance and sustainability of their digital media campaigns within one platform. With legislation like the California "Climate Corporate Data Accountability Act" as well as the EU's Corporate Sustainability Reporting Directive (CSRD) regulations, which require companies to report on their environmental impact, top of mind for businesses in 2025, IAS is further bolstering its carbon calculation capabilities for advertisers by integrating Impact Plus's technology into its media quality measurement platform. The integration with Impact Plus – a global pioneer in providing advertisers with solutions to evaluate and reduce the environmental impact of their online ads – will provide advertisers with campaign-level emissions that are seamlessly incorporated into IAS reports, providing a holistic view of media metrics to drive more data-driven, sustainable advertising and allowing IAS customers to easily measure the greenhouse gas (GHG) emissions generated by their digital campaigns alongside media quality and attention metrics. "Digital advertisers are focused on reducing their carbon footprint. By providing a comprehensive view of their media's environmental impact, we can empower marketers to make more sustainable choices," said Vincent Villaret, CEO, Impact Plus. "Through this partnership with IAS, we're providing marketers with the tools they need to achieve their campaign goals without compromising their climate commitments." "IAS is a leader in providing actionable data that helps drive superior results for advertisers, and this new partnership equips Impact Plus and IAS customers with the tools for more sustainable and effective media buying globally," said Srishti Gupta, Chief Product Officer, IAS. "This is another step forward in our commitment to empower our customers and the industry to strive towards more sustainable digital media advertising while maximizing results." For more information about Integral Ad Science, visit For more information about Impact Plus, visit About Integral Ad Science Integral Ad Science (IAS) is a leading global media measurement and optimization platform that delivers the industry's most actionable data to drive superior results for the world's largest advertisers, publishers, and media platforms. IAS's software provides comprehensive and enriched data that ensures ads are seen by real people in safe and suitable environments, while improving return on ad spend for advertisers and yield for publishers. Our mission is to be the global benchmark for trust and transparency in digital media quality. For more information, visit About Impact Plus Impact Plus is an award-winning sustaintech solution that enables digital advertising players to evaluate and reduce their environmental impact. Impact Plus builds new performance indicators and solutions to help this ecosystem to use GHG emissions and electricity consumption to inform their digital advertising strategy. A pioneer since 2020, Impact Plus supports brands such as L'Oréal, Heineken, Bel Group and Engie and their agencies, to enable more sustainable media buying. Impact Plus also enables ad networks and adtech platforms including Seedtag and Microsoft Advertising, equipping them with environmental impact evaluation solutions, which can be seamlessly integrated into their delivery systems. For more information about Impact Plus, visit Media Contact: press@ View original content to download multimedia: SOURCE Integral Ad Science, Inc. Sign in to access your portfolio
Associated Press
01-05-2025
- Automotive
- Associated Press
ITS Logistics Launches Sustainability Dashboard to Provide Accurate Scope 3 Emissions Data and Comply with Industry Regulations
RENO, Nev., May 01, 2025 (GLOBE NEWSWIRE) -- ITS Logistics, one of the fastest-growing logistics companies in the United States, has launched its Sustainability Dashboard, a database that provides accurate, fleet-level and load-level emissions data. This new tool helps shippers close Scope 3 reporting gaps to comply with governmental regulations and achieve sustainability goals. The data-driven approach to emissions tracking eliminates uncertainty by leveraging multiple data sources to provide shippers with accurate, actionable insights. With increasing regulatory pressure, such as California's Climate Corporate Data Accountability Act (SB 253), companies must provide defensible emissions disclosures, and ITS' new dashboard allows them to have complete visibility. 'Companies are under pressure from regulations, customers, and investors to disclose their Scope 3 emissions,' said Josh Allen, Chief Commercial Officer at ITS Logistics. 'Our dashboard incorporates the Fleet Sustainability Index, which provides accurate fleet-level emissions calculations, rather than relying on industry averages or broad assumptions. Unlike competitors that estimate emissions based on equipment type, our tool provides fleet-specific, shipment-level data, making reporting far more accurate and defensible.' The United States Environmental Protection Agency (EPA) estimates that the transportation sector alone accounts for 29% of total U.S. greenhouse gas (GHG) emissions, making it a critical focus for decarbonization. Scope 3 tracking has historically been an enormous challenge for shippers relying on outsourced transportation providers. Categorized in three distinct scopes, Scope 3 emissions consist of the indirect emissions from a company's entire value chain, which include suppliers, transportation, and product use. Overall, the lack of direct ownership over areas of the value chain makes Scope 3 emissions far more complex to measure. 'Through conversations with Fortune 1,000 companies, we learned that Scope 3 emissions tracking is one of their biggest sustainability challenges,' said Lauren Miller, Sustainability Manager at ITS Logistics. 'These companies have measurable goals to reduce emissions, but obtaining accurate, defensible data from outsourced carriers has been a black hole. Each company is experiencing challenges with data gaps, fragmented carrier networks, and regulatory uncertainty.' Now, with complete visibility into ITS-managed shipments, companies can ensure compliance with evolving sustainability regulations and gain valuable insights to help implement effective emissions reduction strategies. Key Features Include: For more information about ITS Logistics' Sustainability Dashboard and comprehensive service offerings, visit About ITS Logistics ITS Logistics is one of North America's fastest-growing, asset-based modern 3PLs, providing solutions for the industry's most complicated supply chain challenges. With a people-first culture committed to excellence, the company relentlessly strives to deliver unmatched value through best-in-class service, expertise, and innovation. The ITS Logistics portfolio features North America's #18 asset-lite freight brokerage, the #12 drayage and intermodal solution, an asset-based dedicated fleet, an innovative cloud-based technology ecosystem, and a nationwide distribution and fulfillment network. Media Contact Amber Good LeadCoverage [email protected] A photo accompanying this announcement is available at
Associated Press
02-04-2025
- Business
- Associated Press
New Analysis of California's Top Suppliers Points to Impact of Proposed Climate Reporting Mandates
NEW YORK, April 2, 2025 /3BL/ - As California looks to expand corporate climate disclosure requirements with the newly introduced Senate Bill 755 (SB 755), a groundbreaking analysis from Governance & Accountability Institute (G&A) and supporters Ceres, Carbon Accountable, and Persefoni, reveals that most of California's largest state suppliers do not yet disclose key climate-related information. The findings have implications for the State of California's supply chain as it pursues a goal of carbon neutrality by 2045. The report – 'California Supply Chain: Current Practices & Trends in Climate Disclosure' – is the first industry-wide benchmark assessing how major suppliers to the State —representing billions of dollars in procurement spend—are aligned with its ambitious climate strategy, including regulations such as SB 253 ( Climate Corporate Data Accountability Act), SB 261 ( Climate-Related Financial Risk Act), and the newly introduced, supplier-focused SB 755 ( California Procurement Climate Information Act). SB 755 would require suppliers with over $25 million in state contracts to report their climate-related financial risks and Scope 1-3 GHG emissions, and suppliers with $5 to $25 million in State contracts to report their Scopes 1-2 emissions. While not all the suppliers included in this analysis are in scope for SB 253 and SB 261, most would be required to report under SB 755. The research finds low voluntary reporting rates among current suppliers, indicating a lack of readiness to comply with the proposed regulation and pointing to the potential level of transparency to be gained through mandated reporting. An increase in awareness of its supplier base's climate disclosures would support the ability of California to reduce emissions and address climate risk across its supply chain. 'California is leading the way in climate disclosure policy, but our research shows that its supplier base largely is not yet aligned with climate disclosure expectations' said Louis Coppola, CEO & Co-Founder at G&A Institute. 'With SB 755 on the horizon, we now have a critical baseline to measure progress over time. It's a tool for policymakers, procurement teams, and suppliers themselves as they navigate this rapidly evolving regulatory landscape.' Key FindingsMost of CA's top suppliers don't report climate data. Assurance and target-setting by CA suppliers lags behind expectations. Climate risk assessments remain a blind spot for CA suppliers. These rates suggest state agencies, procurement teams, and policymakers should proactively drive supplier readiness by providing guidance on the specific requirements of each bill and their applicability, education on the complexities of climate reporting, and support for accurately measuring emissions and conducting climate-related risk assessments. Establishing a Baseline for Future ProgressThis new research provides a baseline for measuring progress in the years to come. As California's climate regulations evolve, this analysis can be updated annually to track improvements, identify remaining gaps, and measure the impact of policies like SB 253, SB 261, and SB 755. The report enables: 'This report is an important resource for California policymakers and taxpayers and demonstrates the continued importance of ensuring that companies manage, measure, and disclose their climate-related risks and opportunities.' – Ceres 'Suppliers must do their part to help California achieve its ambitious climate goals. This analysis helps clarify where industry gaps exist and where targeted action is needed.'– Carbon Accountable 'Persefoni is a carbon accounting and management platform that regularly supports customers as they examine their own supply chain risks and supplier specific emissions. Large institutional buyers - governments, universities, healthcare systems, corporations - are increasingly looking to suppliers to help assess and manage climate-related financial risks. This includes whether suppliers measure their own GHGs or consider potential disruptions to their own operations. Everyone is someone's Scope 3, so all companies must be ready to provide emissions data and climate risk analysis. We're only as resilient as our weakest supplier.' – Mike Wallace, Chief Decarbonization Officer, Persefoni What's Next?SB 755 is poised to bring even more suppliers into California's climate disclosure framework. Analysis of the kind presented in this new report will be an essential tool for tracking progress, guiding industry engagement, and ensuring companies are prepared for increasing transparency demands. About the Supporters Ceres Ceres Accelerator for Sustainable Capital Markets is a center within Ceres that aims to improve the practices and policies that govern capital markets by engaging federal and state regulators, financial institutions, investors, and corporate boards to act on climate risk as a systemic financial risk. Carbon Accountable Carbon Accountable advances policies that increase the availability of the robust GHG emission data needed to inform corporate and investor decision making and empower consumers and policymakers. Persefoni Persefoni is a leading climate management and carbon accounting platform that enables businesses to track, manage, and disclose their carbon footprints in alignment with global standards. About G&A Institute, Inc. Founded in 2006, Governance & Accountability Institute, Inc. (G&A) is a sustainability consulting and research firm headquartered in New York City. G&A helps corporate and investor clients recognize, understand, and develop winning strategies for sustainability and ESG issues to address stakeholder and shareholder concerns. G&A's proprietary, comprehensive full-suite process for sustainability reporting is designed to help organizations achieve sustainability leadership in their industry and sector and maximize return on investment for sustainability initiatives. Since 2011, G&A has been building and expanding a comprehensive database of corporate sustainability reporting data based on analysis of thousands of ESG and sustainability reports to help steer strategy for our clients and improve their disclosure and reporting. More information is available on our website at
Reuters
11-02-2025
- Business
- Reuters
Top 5 ESG considerations for US investors under the Trump-Vance administration
February 11, 2025 - The 2024 US presidential election has ushered in significant shifts in the regulatory environment surrounding environmental, social, and governance (ESG) issues. With the Trump-Vance administration now in office, the administration has made clear its anti-ESG agenda, signaling a rapidly evolving landscape that could profoundly impact ESG strategies, disclosure requirements, and compliance efforts. At the same time, ESG-related legislative and regulatory initiatives from individual US states and the EU are also on track to bring further changes to this space in the coming months and years. As federal, state, and international ESG regulatory frameworks evolve, careful monitoring of these developments will be key to adapting to new risks and opportunities. Here, we outline the top five ESG considerations for US investors in 2025, including those that will be affected by the new administration. 1. The SEC's climate disclosure rules and leadership changes The US Securities and Exchange Commission (SEC) plays a pivotal role in shaping ESG regulations, and the incoming administration's influence is expected to shift its priorities. Under the Biden administration, the SEC adopted climate-related disclosure rules in March 2024, requiring public companies to report certain climate-related risks in registration statements and annual reports. However, implementation of these rules was voluntarily stayed following legal challenges, now consolidated in the US Court of Appeals for the 8th Circuit. These challenges invoke the major questions doctrine, First Amendment issues, and administrative law. Paul Atkins, President Trump's nominee for SEC Chair, has been a vocal critic of the climate disclosure rules. His appointment signals the possibility of regulatory rollbacks or a less aggressive defense of the rules' legality. Regardless, companies must adhere to existing guidance, including the SEC's 2010 interpretative guidance on climate disclosures, and continue to assess whether disclosure, if any, would be necessary regarding material risks related to climate. 2. State-level ESG regulations: spotlight on California California remains a trailblazer in climate legislation, with three pieces of legislation that demand robust corporate compliance. Passed in October 2023, this trio of laws will impact a wide range of companies with operations in the Golden State. In brief, they are: •SB 253, the Climate Corporate Data Accountability Act, which requires companies with over $1 billion in revenue to report Scope 1 and Scope 2 greenhouse gas emissions starting in 2026, with Scope 3 disclosures mandated by 2027; •SB 261, the Climate-Related Financial Risk Act, which obligates companies with revenue exceeding $500 million to disclose climate-related financial risks by 2026; and •AB 1305, the Voluntary Carbon Market Disclosures Act, which mandates reporting on net-zero claims and carbon offset transactions beginning in 2025. These laws — applicable to businesses operating in California regardless of their headquarters — are already facing legal challenges on First Amendment grounds. Early rulings have favored the state, but ongoing litigation creates uncertainty. Noncompliance carries steep financial penalties, ranging from $50,000 to $500,000 annually, alongside reputational risks. Companies must act swiftly to enhance data collection and reporting systems to meet these ambitious requirements. 3. Voluntary carbon markets under scrutiny Voluntary carbon markets, a cornerstone of corporate greenhouse gas reduction strategies, are under increasing regulatory scrutiny. Concerns about additionality, permanence, and verification have raised alarms about potential fraud, including double counting offsets and conflicts of interest in price setting. The Commodity Futures Trading Commission (CFTC) has flagged risks of manipulation and fraud in these markets. Recent adoption of UN-backed standards for global voluntary carbon markets offers US companies an opportunity to align with international frameworks. Nevertheless, businesses must navigate these markets cautiously, addressing legal risks such as fraud allegations and potential antitrust scrutiny. 4. The EU's ESG framework and implications for U.S. investors The European Union's ESG regulations, particularly the Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD), extend compliance obligations to US-based multinational corporations with significant EU operations. CSRD's phased implementation, starting in 2028, will require non-EU companies with substantial EU activities to adhere to European sustainability standards. Meanwhile, CSDDD, effective in 2027, imposes due diligence obligations for human rights and environmental impacts on companies operating in the EU. While some US legislators have criticized the extraterritorial nature of these directives, private ordering and investor demands may outweigh regulatory pushback and compel compliance. Noncompliance risks reputational damage and enforcement actions, emphasizing the importance of proactive preparation for these requirements. 5. State and federal divergence on ESG investing The polarization of ESG investment policies at the state and federal levels presents unique challenges for asset managers and retirement funds. A number of Republican-led states such as Texas and Florida have enacted legislation prohibiting certain social and political ESG considerations in state-managed funds, while some Democratic-leaning states have rules that favor ESG integration in state assets. This fragmented landscape creates compliance complexities for asset managers and public retirement funds operating across jurisdictions. At the federal level, the Department of Labor (DOL) is likely to revisit ESG investment rules under ERISA. Stricter regulations could limit the integration of ESG factors in private retirement plans unless they are demonstrably pecuniary. Litigation challenging ESG considerations under fiduciary duty standards is also expected to rise, potentially creating a chilling effect on ESG-driven investment strategies in retirement plans. Preparing for the new ESG landscape Investors must remain agile as the regulatory environment evolves under the new administration. Monitoring regulatory developments will be essential, as changes to SEC policies, state-level laws, and federal ESG investment rules unfold. Robust data collection and reporting systems should be developed to meet both US and international disclosure requirements. Evaluating legal risks, including exposure to litigation tied to voluntary carbon market practices and fiduciary duty claims under ERISA, will also be critical. In addition, aligning strategies with global standards is imperative. Companies must prepare for the extraterritorial application of EU ESG frameworks while balancing compliance with restrictive US policies. Proactive advocacy — collaborating with policymakers and industry groups to shape balanced ESG regulatory frameworks — can further mitigate risks. As the Trump-Vance administration's approach to ESG regulation takes shape, investors must navigate a dynamic landscape of opportunities and challenges. Proactive engagement with these evolving legal standards will be critical to managing risks and capitalizing on new opportunities in the years ahead.
