Sustainability
Decarbonization, circular economy, and supply chain due diligence
SBTi: Corporate Net-Zero Standard V2.0 Released
On June 11, 2026, the Science Based Targets initiative (SBTi) released the revised Corporate Net-Zero Standard V2.0. It abandons a one-size-fits-all approach for multiple target-setting options and an implementation hierarchy, imposes phased responsibility for ongoing emissions on large companies, and strengthens implementation transparency.
WFE: Transition Equity Classification Principles Draft
The World Federation of Exchanges (WFE) released the 'Draft WFE Transition Equity Principles' on May 26, 2026. The framework defines how exchanges can classify companies that are not yet green but are on a transition pathway toward climate targets, aiming to channel capital flows into transition finance.
CBAM Guide: Scope and Certificates
CBAM entered full application in January 2026 for steel, aluminum, fertilizers, cement, hydrogen, and electricity. This guide covers authorized declarants, EU ETS-linked certificates, the 50t de minimis exemption, the first annual declaration deadline on September 30, 2027, certificate sales from February 2027, Omnibus simplification, late-2025 implementing rules, and third-country carbon price deductions.
Germany: €5B CCfD Scheme for Industrial Decarbonization
In spring 2026, the European Commission formally approved €5 billion in state aid for Germany's industrial decarbonization program 'Klimaschutzverträge (Climate Protection Contracts).' Targeting three sectors where European carbon costs weigh most heavily — steel, chemicals, and cement — the scheme's core mechanism addresses the barriers that prevent companies from committing to decarbonization investments.
GX-ETS: Emission Calculation and Reporting Guide 2026
Japan's GX Emissions Trading System (GX-ETS) launches as a mandatory scheme in April 2026, targeting GX League member companies with annual CO₂ emissions exceeding 100,000 tonnes (approximately 300–400 companies). This guide covers the end-to-end operational workflow for the first year of compliance, from inventorying emission sources and selecting calculation methods to third-party verification and integrated design with SSBJ disclosure.
Green Hydrogen Cost Trends 2026: Production Cost per kg
Green hydrogen production cost per kg in 2026 still runs 3–4x grey hydrogen. How falling renewables and electrolyzer scale-up are closing the gap.
Internal Carbon Pricing: Embedding Carbon Costs in Business
Internal Carbon Pricing embeds carbon costs into investment, supplier evaluation, and product design decisions before external rules arrive.