Planet FWD

?? Breaking News: California Affirms Climate Disclosure Deadlines On September 27, 2024, California Governor Gavin Newsom signed Senate Bill 219 (SB 219) into law, amending the landmark climate disclosure laws SB 253 and SB 261. Here's what consumer brands need to know: 1?? Reporting deadlines remain unchanged: First disclosures for Scopes 1 and 2 emissions are still due in 2026, with Scope 3 emissions in 2027. 2?? Extended rulemaking: The California Air Resources Board (CARB) now has until July 1, 2025, to adopt implementing regulations – a 6-month extension. 3?? Consolidated reporting allowed: Companies can now report at the parent company level for SB 253 emissions disclosures. 4?? Flexible Scope 3 timeline: CARB has discretion to specify the 2027 deadline for Scope 3 emissions disclosure. 5?? Fee requirement removed: The annual filing fee for reports has been eliminated. Key Takeaway: With reporting deadlines maintained but rulemaking delayed, companies face a compressed timeline to prepare once final regulations are issued. It's crucial to start building your climate disclosure capabilities now. What's Next: A federal lawsuit challenging these laws is pending, with a hearing set for October 15, 2024. Stay tuned for updates. At Planet FWD, we're here to help you navigate these evolving regulations. Contact us to learn how our platform can streamline your climate disclosure process and ensure compliance. https://lnkd.in/gzHuDzh6 #ClimateDisclosure #Sustainability #CaliforniaLaw #ESG

Are you a sustainability leader at a consumer brand? Do you have burning questions on climate regulations and how they impact your company? Meet us on Zoom tomorrow to get them answered! This session is designed to build on the foundations you gained from our Guide to Apparel Climate Regulation and dive deeper into the practical implications of global carbon regulations and reporting frameworks. Here's what you can expect: ?? Insights from Anna Turrell, Decathlon CSO on their global reporting strategy ?? Learn how global leaders are approaching changes to SBTi's Net Zero guidance - including Charlie's spicy takes ????????? ?? Expert guidance on navigating CSRD, ESPR, and the Digital Product Passport (DPP) ?? Tips on what to do now to prepare for California's SB 253 and SB 261 You'll walk away with actionable strategies to lead your company through the next era of GHG reporting and drive meaningful change to sustainable fashion. Register here and don't forget to bring your questions to the live Q&A or submit them in advance! https://lnkd.in/e4sqsm9h

??? Hot Take Alert: SBTi's Net Zero Guidance Updates ??? As you may know, the Science Based Targets initiative (SBTi) has been contemplating updates to its Net Zero guidance, stirring up an ongoing debate in the sustainability world. In our latest FWD Focus newsletter, we dive into: ?? The challenges of frequent updates to climate standards ??The role of carbon credits and environmental attribute certificates ??H&M's bold stance on SBTi's approach to carbon offsetting But this is just the tip of the iceberg! Join us next week for a deep dive into these SBTi changes and more: ??? October 2nd Webinar: "How Consumer Brands Implement Climate Reporting at a Global Scale" Featuring: ?? Anna Turrell, Chief Sustainability Officer at Decathlon ?? Charlie Quann, Head of Corporate Reporting & Decarbonization at Planet FWD ?? Pearl Nemeth, Global Sustainability Regulation at Anthesis Group We'll unpack SBTi & FLAG updates and explore practical applications of global regulations like CSRD, ESPR, DPP, and California climate laws. ?? Register for the webinar at https://lnkd.in/gJW5wrG6 Don't miss this chance to stay ahead of the curve in the ever-evolving world of corporate climate action! #Sustainability #NetZero #SBTi #ClimateAction #CorporateResponsibility

?? Ready to decode the alphabet soup of climate regulations? Join us on October 2nd for our Catalysts Series webinar: "How Consumer Brands Implement Climate Reporting at a Global Scale" ?? We're bringing together Anna Turrell, CSO at Decathlon + regulatory experts from Planet FWD, Charlie Quann & Anthesis Group, Gy?ngyi (Pearl) Németh to explore real-world strategies for navigating: ??CSRD ?? ESPR and Digital Product Passport ??California's SB 253 and SB 261 ??SBTi and FLAG requirements Whether you're a sustainability pro, C-suite exec, or part of a regulatory team, you'll gain practical knowledge to enhance your company's carbon reporting capabilities. https://lnkd.in/gK5x-4aB #ClimateRegulation #ConsumerBrands #ClimateDisclosure #SBTI #CSRD

It was a privilege to represent Brightly and join sustainability leaders Julia Collins, Corey Blumenthal, and Sarela Herrada for a panel discussion with Danielle Nierenberg of Food Tank on how corporations and agencies are addressing climate challenges. Here are my key takeaways: - Corporations must lead the way in shifting perceptions about the urgency of climate-smart decisions. Progress, no matter how incremental, should be celebrated—perfection shouldn’t stand in the way of action. - Transparency builds trust. Engage stakeholders, leverage data, and share your journey openly. Storytelling is key to connecting with people on a deeper level. - Decarbonization should be a priority, with investments in supply chains and high-quality carbon credits, particularly those that align with a company’s mission and narrative. - Consumers play a role, too, and need to champion businesses making an impact. Spread the word and inspire action. "People like us do things like this." #ClimateWeekNYC

Still deciding which Climate Week events to head to? Our event, "Scope 3 Solutions for ESG and HR Leaders," was named one of the "8 Programs On ESG To Watch At Climate Week NYC 2024" by Forbes. Register now - you won't want to miss this! (event link in comments) https://lnkd.in/gimj3usR

Thanks for spotlighting our founder, Julia Collins, The Startup Leap!

We’re excited to partner with Sustainable Brands for SB’24 San Diego happening October 14-17! This event is a must for anyone committed to driving sustainable business practices. Learn from top industry experts, participate in hands-on workshops, engage in transformative discussions, and build lasting connections. Use code “ptrPFWD20” to save 20% on your pass! #SB24SanDiego https://lnkd.in/e_HGwP_e?

?? Breaking News for Consumer Brands: California Stands Firm on Climate Disclosure Deadlines ?? California has reaffirmed its commitment to climate transparency, rejecting proposed delays for SB 253 and SB 261. What does this mean for your business? Key takeaways: ? 2026 reporting deadlines remain unchanged ? Affects companies with >$500M revenue doing business in CA ? Scope 1, 2, and 3 emissions reporting required ? Potential fines up to $500K for non-compliance Is your company prepared? Our latest FWD Focus newsletter breaks down the critical updates and what they mean for consumer brands. Read now to stay ahead of these urgent regulatory changes and learn how Planet FWD can support your compliance journey. #Sustainability #ClimateDisclosure #CaliforniaRegulations #ConsumerBrands #CarbonAccounting

?? Breaking News for Consumer Brands: California SB 219, SB 253, and SB 261 ?? California has reaffirmed its commitment to climate transparency with major updates impacting corporate climate disclosures. On September 16, 2024, SB 219 was passed, introducing key amendments to SB 253 and SB 261, while keeping the critical 2026 reporting deadlines intact. ?? What does this mean for your business? ?? If you operate in California or have over $500M in revenue, your company needs to prepare for mandatory disclosures of GHG emissions and climate-related financial risks. Here are 5 key takeaways: ? No delays – 2026 deadlines remain. ? Wide-reaching impact – Applies to all companies with >$500M revenue. ? Emissions tracking – Scope 1, 2, and 3 emissions reporting required. ? Legal uncertainty – Ongoing federal lawsuits could impact enforcement. ? High penalties – Non-compliance can lead to fines of up to $500K. Consumer brands must act now to meet these strict requirements. Want to dive deeper? Check out our latest blog on the news here: https://lnkd.in/gzHuDzh6 Need help navigating SB 253 & SB 261? Planet FWD is here to assist with comprehensive emissions tracking, climate risk assessment, and supplier engagement to ensure compliance. Ready to start? Reach out to us for a free regulatory consultation and get ahead on your compliance journey.