Tracy Bourgon, content writer at Tracenable, holds an MSc in environmental sciences. Passionate about art and nature, she combines expertise and creativity to inspire positive change for the planet.
EU Taxonomy
Since companies began publishing their first EU Taxonomy reports in 2023, a consistent pattern has emerged: while investors recognize the framework's value for comparing environmental performance, the reporting burden on companies has raised questions about data quality and reliability. The extensive disclosure requirements have stretched corporate resources thin,
Climate Targets
The Paris Agreement seeks to limit global temperature rise to well below 2°C above pre-industrial levels, while pursuing efforts to limit it to 1.5°C [1]. This objective has increasingly become a central strategic focus for businesses, driving companies to set climate targets aligned with scientific recommendations.
EU Taxonomy
Sustainable investing—once a niche area—has become a major force shaping global finance, with many investors seeking not only financial returns but also positive environmental and social impacts. Within Europe, a key driver of this trend has been the European Union’s Taxonomy for Sustainable Activities (often called the
Climate Targets
In the pursuit of sustainability, setting clear and measurable targets is essential for driving meaningful progress. These targets not only help businesses reduce their environmental impact but also provide valuable insights for investors, researchers, and innovators looking to support sustainable solutions. Understanding intensity-based and absolute-based targets equips a
Climate Targets
In the fight against climate change, terms like "net zero" and "carbon-neutral" are frequently spotlighted in corporate reports and policy agendas. These buzzwords signal promises of a greener future, but what do they truly mean in practice? More importantly, how can we ensure these commitments
GHG Emissions
Did you know that for most companies, indirect emissions can account for over 70% of their total carbon footprint? While many organizations have mastered tracking their Scope 2 emissions from purchased energy, the true challenge lies in understanding the complex web of indirect emissions across their entire value chain. As
Climate Targets
In an era where ESG data reporting is a business imperative, a stark reality emerges: only 10% of companies can accurately measure their carbon emissions, according to a 2023 study by Boston Consulting Group (BCG). This gap between reporting and precise measurement underscores a critical challenge: companies must bridge this
GHG Emissions
In today's data-driven sustainability landscape, one metric stands out as a critical indicator of corporate environmental impact: Scope 2 emissions. As companies worldwide race to achieve ambitious net-zero targets, understanding and managing these indirect energy emissions has become more crucial than ever. Did you know that
EU Taxonomy
As sustainability transforms finance and investment, there is growing demand for a framework that clearly distinguishes genuinely sustainable activities from greenwashing. The EU Taxonomy answers this need, providing a standardized system that defines which economic activities qualify as “sustainable” under specific, science-based criteria. Developed by the European Union, the
GHG Emissions
Did you know that Scope 1 emissions—also known as direct emissions—account for over 30% of a company’s total carbon footprint in some industries? As global efforts intensify to reduce greenhouse gas (GHG) emissions, Scope 1 data has become essential within ESG data frameworks because they represent direct
GHG Emissions
Tackling climate change starts with understanding where emissions come from. But with emissions originating from so many sources, how do companies begin to track, manage, and reduce their environmental impact? This is where Scope 1, 2, and 3 emissions come into play. These categories provide a framework within ESG data