ESG Regulatory Reporting Advisory Services

We help our clients prepare for current and future ESG disclosures and reporting requirements.

KERAMIDA’s expertise in the major ESG reporting standards, frameworks, and laws helps companies prioritize their actions and integrate climate into their business. Our team of legal, accounting, business, and engineering professionals assists clients with Sustainability and ESG compliance across the complex regulatory landscape.

Corporate Climate Compliance: What do companies need to do?

Determining what your company is required to report on can be challenging. We help companies ensure their disclosures comply with the evolving ESG regulatory requirements at the state, federal, and global levels, including:

Our team of experts provides:

  • Clear guidance and action steps for compliance with mandatory reporting obligations while building on any existing reporting with voluntary standards or frameworks

  • A Gap Analysis to help determine where you are within these specific actions

  • Regulatory interpretation tracking and roadmap to compliance

  • Checklist of action items your company needs for disclosure


Climate Regulations Training

ESG Regulatory Compliance Workshop

KERAMIDA’s custom four-hour workshop builds internal capacity and understanding of the requirements set forth in climate regulations, serving as the starting point for compliance.

KERAMIDA’s 4-hour Online Workshop includes:

  • Pre-workshop engagement with your team to understand the goals and capacity of your company, refine the agenda, develop a facilitation plan, and refine the facilitated activities

  • Workshop topics may include the requirements of the California Climate Laws and industry trends

  • Two KERAMIDA facilitated activities and outputs, including:

    • Identification of climate-related impacts, risks, and opportunities

    • Preparation of a mock climate-related financial risk disclosure

  • Closing round table discussion with our industry and technical experts


EU ESG Disclosure Regulations

CSRD Readiness and Reporting Consulting

The European Union's Corporate Sustainability Reporting Directive (CSRD) requires certain EU businesses to publish regular reports on their social and environmental risks and how their activities impact people and the environment. Businesses determine their impacts, risks, and opportunities by conducting a double materiality assessment, as required under CSRD.  Additionally, CSRD requires certain businesses to disclose Scope 1, Scope 2, and Scope 3 greenhouse gas inventories at phased-in timelines and secure assurance for those inventories.

Businesses subject to CSRD also need to follow the EU Taxonomy which mandates that businesses make a determination as to the impacts of certain sustainable activities including:

  1. Climate Change Mitigation

  2. Climate Change Adaptation

  3. Sustainable Use and Protection of Water and Marine Resources

  4. Transition to Circular Economy

  5. Pollution Prevention and Control

  6. Protection and Restoration of Biodiversity and Ecosystems

With a focus on aligning corporate sustainability reporting initiatives with business objectives, our team offers comprehensive guidance on CSRD regulatory compliance, risk assessment, and the identification of impacts, risks, and opportunities associated with enabling clients to foster sustainable practices that drive long-term value creation and stakeholder trust.

Our CSRD Compliance Services include:

Highlighted Project Experience:

CBAM Compliance Services

The European Union’s Carbon Border Adjustment Mechanism (CBAM) is a policy aimed at addressing carbon leakage and ensuring a level playing field for industries subject to ambitious climate policies. CBAM seeks to impose a carbon price on imported goods based on their embedded carbon emissions, mirroring the costs faced by EU producers under the EU Emissions Trading System. This mechanism intends to prevent carbon leakage by discouraging the relocation of carbon-intensive industries to regions with less stringent climate regulations while promoting global climate action. CBAM aims to incentivize the adoption of cleaner technologies and practices both within and outside the European Union, contributing to the European Union’s commitment to achieving climate neutrality by 2050 and fostering a more sustainable global economy.

Our CBAM Consulting Services include:

  • Embodied Greenhouse Gas Emissions Calculations Support

  • CBAM Data Collection Assistance

CSDDD Compliance Services

The European Union’s Corporate Sustainability Due Diligence Directive (CSDDD or CS3D) was officially approved by the EU on May 24, 2024. CSDDD aims to foster sustainable and responsible corporate behavior in companies’ operations and across their global value chains. The directive targets in-scope companies to address environmental impacts and adverse human rights both inside and outside of Europe.

Our CSDDD Consulting Services include:


California ESG Disclosure Regulations

California SB 253 - Climate Corporate Data Accountability Act

The California Climate Corporate Data Accountability Act (SB 253) requires companies, both publicly traded and private, doing business in California with greater than $1 billion in annual revenue to publicly disclose their Scope 1, Scope 2, and Scope 3 greenhouse gas (GHG) emissions. Businesses subject to SB 253 will need to report on their Scope 1 and Scope 2 emissions in 2026 for FY 2025 and their Scope 3 emissions in 2027 for FY 2026.

Our CA SB 253 Compliance Services include:

Highlighted Project Experience:

 

California SB 261 - Climate-Related Financial Risk Act

The Climate-Related Financial Risk Act (SB 261), which is now officially codified as California Health and Safety Code 38533, requires both publicly traded and private companies doing business in California with greater than $500 million in annual revenue to release a public climate-related financial risk report every two years. The climate-related financial risk report should disclose the company’s climate-related financial risks and the measures adopted to reduce and adapt to these risks. The first of these reports is due by January 1, 2026, and must follow the Final Report of Recommendations of the Task Force on Climate-Related Disclosures (TCFD) or the International Financial Reporting Standards (IFRS) Sustainability Disclosure Standards. If these standards cannot be met, a company must provide a detailed explanation of its gaps and steps taken to fill them.

Our CA SB 261 Compliance Consulting Services include:

Highlighted Project Experience:

 

California AB 1305 - Voluntary Carbon Market Disclosures Business Regulation Act

The California Voluntary Carbon Market Disclosures Business Regulation Act (AB 1305) took effect on January 1, 2024. AB 1305 features separate disclosure requirements for organizations marketing and selling voluntary carbon offsets and organizations purchasing and using voluntary carbon offsets.

Our CA AB 1305 Compliance Consulting Services include:

  • Creation of carbon offset disclosure in compliance with California AB 1305


Additional ESG Disclosure Requirements

IFRS S1 and S2 Sustainability Reporting Standards

IFRS S1 and S2 are the first sustainability disclosure standards issued by the International Sustainability Standards Board (ISSB). IFRS S1 requires businesses to disclose information about sustainability-related financial risks and opportunities that may affect the business. IFRS S2 is a topic-based standard that requires disclosures about the entity’s exposure to climate-specific risks and opportunities. The IFRS S1 and S2 standards are designed to be used together.

Multiple countries, including Australia, Canada, China, Japan, New Zealand, and Singapore, are either in the process of requiring disclosures or have already required disclosures aligned with IFRS S1 and IFRS S2.

Our IFRS S1 and S2 Consulting Services include:

Highlighted Project Experience:

 

US SEC Climate Disclosure Rules

On April 4, 2024, the SEC paused the rules pending the outcome of litigation.

The United States Securities and Exchange Commission (SEC) recently adopted final rules to require registrants to disclose certain climate-related information in registration statements and annual reports. The final rules include a phased-in compliance period for all registrants, with the compliance date dependent on the registrant’s filer status and the content of the disclosure.

Our SEC Climate Rule Consulting Services include:

  • Greenhouse Gas Scope 1 and Scope 2 Inventory

  • Assessment of climate-related risks and suggestions to mitigate these risks

  • Board and governance analysis related to oversight of climate-related risks and management’s role in managing material climate-related risks

  • Mock disclosure preparation

Highlighted Project Experience:

 

What our clients are saying:

We did it! Thanks for all your support. This is such a big moment for our company, and you made it possible! I look forward to working with you on even bigger moments ahead.
— Alternative Energy Provider (GHG Verification for Carbon Removal)
It has been an absolute pleasure working with Team KERAMIDA!
— Multinational Semiconductor Equipment Corporation (GHG Verification for CDP disclosure)

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