Stay Ahead: Navigate Policies, Regulations & Standards with Confidence

The EU Monitoring, Reporting, and Verification (MRV) Regulation mandates that ships of 5,000 gross tonnage (GT) and above monitor and report CO₂ emissions on voyages to, from, and between EU ports. From 2024, methane (CH₄) and nitrous oxide (N₂O) emissions are also included. Verified annual emissions reports must be submitted via the THETIS-MRV platform by March 31 each year. From 2025, the regulation extends to general cargo and offshore ships between 400 and 5,000 GT.

Switzerland's Ordinance on Climate Disclosures, effective January 1, 2024, mandates large companies to report climate-related financial risks and impacts, aligning with TCFD recommendations. Companies must disclose governance, strategy, risk management, and metrics, including emission reduction targets and transition plans. Non-compliance may result in fines.

Microsoft’s updated Supplier Code of Conduct, effective 2024, mandates key suppliers to report Scope 1, 2, and specific Scope 3 emissions. Data must be third-party validated and submitted annually, with noncompliance risking contract status. The policy supports Microsoft’s 2030 carbon-negative goal and reflects broader climate disclosure trends. Phased implementation is underway, with strong engagement expected from strategic, high-volume suppliers globally.

The UK's Extended Producer Responsibility (EPR) for packaging shifts waste management costs from taxpayers to producers, requiring businesses with £1M+ turnover handling 25+ tonnes annually to report packaging data and pay fees based on material type. Implemented in 2025, it enforces biannual reporting, modulated fees for recyclability, and penalties for non-compliance to drive sustainable packaging design.