Policy is Spurring Innovation (Feat. Gaida Zirkelbach, Co-Founder and CEO of SustainaBase)
Future Commerce · with Gaida Zirkelbach · April 8, 2022 · 29 min
Summary
This episode discusses the SEC’s proposed climate-related disclosures and their significant impact on publicly traded companies and their supply chains. It highlights how these new regulations, aiming to protect investors by standardizing climate risk reporting, will necessitate detailed emissions tracking (Scope 1, 2, and 3) and could become a critical compliance measure, even for suppliers. Ecommerce operators should understand these changes as they will likely affect vendor relationships and create new opportunities for those who can track and report their climate impact effectively.
Key takeaways
Understand that new SEC climate disclosure rules will drive demand for climate-related data from all businesses, even private companies supplying publicly traded ones.
Investigate your supply chain’s climate data capabilities and prepare for potential requests for Scope 3 emissions reporting from your partners.
Recognize that companies able to provide accurate and consistent climate disclosures will gain a competitive advantage in supplier selection and investor relations.
Start tracking your Scope 1, 2, and potentially 3 emissions data now to avoid being caught unprepared by future compliance requirements or partner demands.
Embrace the upcoming climate disclosures as a new form of financial compliance, similar to traditional financial reporting, offering transparency to investors and stakeholders.
Today, Gaida Zirkelbach joins the show to chat about the recent issue proposed by the SEC on climate-related disclosures. They chat about the new rulings, what it means for investors, and where the future of the U.S is going when it comes to climate control. Tune in now!
What does this episode say about supply chain & operations?
Understand that new SEC climate disclosure rules will drive demand for climate-related data from all businesses, even private companies supplying publicly traded ones.
What does this episode say about finance & fundraising?
Investigate your supply chain’s climate data capabilities and prepare for potential requests for Scope 3 emissions reporting from your partners.
What does this episode say about ai & automation?
Recognize that companies able to provide accurate and consistent climate disclosures will gain a competitive advantage in supplier selection and investor relations.
What does this episode say about founder & leadership?
Start tracking your Scope 1, 2, and potentially 3 emissions data now to avoid being caught unprepared by future compliance requirements or partner demands.
What does this episode say about supply chain & operations?
Embrace the upcoming climate disclosures as a new form of financial compliance, similar to traditional financial reporting, offering transparency to investors and stakeholders.
