EU efforts to measure companies’ environmental impacts have global effects. Here’s how to make them more just

If you choose to buy a sustainable product at the supermarket, or invest in a sustainable portfolio at your bank, how far does that sustainability reach? Does the product’s “sustainable” label account for the environmental and labour costs where the raw materials were extracted? Does the portfolio include renewable energy in countries where the investment is needed most?

In the EU, whether you are an individual or represent a company or financial institution, these questions are governed by the bloc’s non-financial reporting (NFR) regulations. The latest ones include the

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