Going green is crucial for a lot of companies. This is because we are suffering from climate change and if we don’t act fast it will only get worse. Companies in general have the largest output of CO2. Of course, some of it cannot be helped. For example, in the meat industry. Cows produce a ton of CO2, which can only be solved by getting rid of some cows, but then we will have to eat less meat as well. For other companies you will see it is possible to change something to become green. That’s why there is Sustainable Finance Disclosure Regulation. This is so that the government can see what companies are doing great on going green and which companies are cheating. This regulation makes it so they have to report the things they have done to government and stockholders.
Why share this information?
You might wonder why companies have to share this kind of information to others. This is because of the sustainable finance disclosure regulation. If they do not show this kind of information they might not get subsidy for it as well. When it comes to money a lot of people and company will take it more seriously, especially when someone can get more money. The main reason should be so the world can heal so we can live longer on earth. If it keeps going like this we will not be able to live for a hundred years or so. That needs to be changed!