Valentin Vizuroiu Valentin Vizuroiu

Leveraging Digital Solutions to Meet Sustainability Goals: Insights from the EPA 2024 Report and How Hub360 Can Help

The EPA State of the Environment Report 2024 paints a clear picture of the environmental challenges Ireland faces. The report underscores the urgency of addressing climate change, biodiversity loss, and pollution through systemic solutions. With sectors like construction, energy, and transport being major contributors to environmental degradation, there is a growing push for stricter regulations and digital solutions to track, manage, and mitigate these impacts. For businesses, this means adapting to new realities of compliance, transparency, and sustainability.

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Valentin Vizuroiu Valentin Vizuroiu

Key Insights from the 2024 EPA Report: Why Digital Solutions Are Essential

The EPA 2024 Report is clear: Ireland, like the rest of Europe, is under increasing pressure to meet climate neutrality goals by 2050. To achieve this, sectors must adopt new practices and technologies that allow them to decarbonise and reduce waste. A key focus of the report is the need for robust, verifiable data to track environmental impacts such as greenhouse gas emissions, resource use, and waste generation.

As Ireland transitions to a circular economy, sectors like construction are increasingly required to manage their material usage and waste more effectively. Construction is a significant source of waste and emissions, and there is a growing need for digital systems that track material use, waste disposal, and emissions in real-time. These systems ensure compliance with regulations and help businesses reduce their environmental footprint.

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Valentin Vizuroiu Valentin Vizuroiu

What UK Companies Need to Know About CSRD

UK companies may be affected by the CSRD in the following scenarios:

  1. Listed Securities: Companies with securities listed on an EU regulated market must comply with CSRD reporting obligations, regardless of their location.

  2. EU Net Turnover: Companies with an EU net turnover exceeding €150 million over the past two consecutive years are subject to the CSRD if they have:

    • An EU subsidiary that is a large undertaking or has listed securities, or

    • An EU branch generating over €40 million in turnover in the previous financial year.

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Valentin Vizuroiu Valentin Vizuroiu

Adapting to the New EU Corporate Sustainability Reporting Regulations: How Hub360 Can Help

On 5th July 2024, the European Union (Corporate Sustainability Reporting) Regulations 2024 were signed into law by Minister Peter Burke. These regulations, which come into effect on 6th July 2024, are set to significantly change the landscape of corporate reporting across Europe. As part of a broader effort to align with the European Green Deal and the EU’s Action Plan for Financing Sustainable Growth, these regulations impose stringent new requirements on companies, particularly in the areas of sustainability and governance. The introduction of these regulations highlights the growing importance of environmental, social, and governance (ESG) considerations in business operations.

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Valentin Vizuroiu Valentin Vizuroiu

Navigating the Critical Raw Materials Act: The Importance of Reporting and How Hub360 Can Support Compliance

In May this year, the Critical Raw Materials Act (CRMA) came into effect in Ireland, marking a significant step forward in the EU’s efforts to secure a sustainable and reliable supply of critical raw materials. The Act is designed to help Europe achieve its 2030 climate and digital objectives by ensuring that these essential materials are sourced, used, and recycled in a sustainable and efficient manner.

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