The Sustainability Regulations 101 View

Description

This IDC Market Perspective explores the evolving landscape of sustainability regulations, highlighting the pivotal role of policies and laws in driving sustainable operations within organizations. It differentiates between mandatory and voluntary measures, emphasizing the significance of both in achieving environmental goals. Through an exploration of global agreements, standards, and the implications for IT vendors and IT buyers, the document provides a comprehensive overview of the regulatory frameworks shaping the future of sustainability in the business realm."Sustainability regulations are not just rules to follow; they are pathways to innovation, efficiency, and long-term prosperity for businesses." Vladimir Kroa, Associate Vice President, IDC.

Product Code: EUR252042824

Executive Snapshot

New Market Developments and Dynamics

Introduction
- The Role of Sustainability-Focused Policies and Regulations
- The Hierarchy of Policies and Regulations
Important Sustainability Reporting Concepts
Global Agreements and Institutions, Policies, and Treaties:
- UNFCCC
  - Subject and Type of the Framework/Policy
  - Main Objective and Geographic Scope
  - What is the Implication for IT Vendors and IT Buyers?
- COP and the Paris Agreement
  - Subject and Type of the Framework/Policy
  - Main Objective and Geographic Scope
  - What is the Implication for IT Vendors and IT Buyers?
- The Intergovernmental Panel on Climate Change
  - Subject and Type of the Framework/Policy
  - Main Objective and Geographic Scope
  - What is the Implication for IT Vendors and IT Buyers?
- United Nations Sustainable Development Goals
  - Subject and Type of the Framework/Policy
  - Main Objective and Geo Scope
  - What is the Implication for IT Vendors and IT Buyers?
Focus on Key Global Sustainability Regulatory Bodies
- International Financial Reporting Standards Foundation
  - Subject and Focus of the Institution
  - Main Objective and Geographic Scope
- International Sustainability Standards Board
  - Subject and Focus of the Institution
  - Main Objective and Geographic Scope
  - Issued Standards:
    - IFRS S1
    - IFRS S2
  - Legal Validity and Implication for IT Vendors and IT Buyers
- SASB
  - Subject and Focus of the Institution
  - Main Objective and Geographic Scope
  - What is the Implication for IT Vendors and IT Buyers?
- GRI
  - Subject and Focus of the Institution
  - Main Objective and Geographic Scope
  - Issued GRI Standards
    - Subject, Issuer, and Affiliations
    - Main Objective and Type of Information
  - What is the Implication for IT Vendors and IT Buyers?
- TCFD
  - Subject and Type of the Institution
  - Main Objective and Geographic Scope
  - Legal Validity and Implication for IT Vendors and IT Buyers
Focus on the Key Sustainability Protocols and Certifications:
- GHG Protocol
  - Subject, Issuer, and Affiliations
  - Main Objective and Geographic Scope
  - Legal Validity and Implication for IT Vendors and IT Buyers
  - Science-Based Targets Initiative
    - Subject and Type of the Standard/Protocol
  - Main Objective and Geo Scope
  - Legal Validity and Implication for IT Vendors and IT Buyers
  - CDP (formerly Carbon Disclosure Project)
    - Subject and Type of the Standard/Protocol
  - Main Objective and Geographic Scope
  - Legal Validity and Implication for IT Vendors and IT Buyers
  - Select Sustainability Relevant ISO Standards: Subject and Type of ISO Standard
  - Legal Validity and Implication for IT Vendors and IT Buyers Regarding ISO Standards
    - Select Ecolabels and Other Certifications
Regional Specifics of Sustainability Regulations
- U.S. and Canada
  - U.S. Securities and Exchange Commission
    - Main Objective and Geo Scope
    - Legal Validity and Implication for IT Vendors and IT Buyers
  - Inflation Reduction Act
    - Main Objective and Geographic Scope
    - Legal Validity and Implication for IT Vendors and IT Buyers
  - Environmental Protection Agency
    - Main Objective and Geographic Scope
    - Legal Validity and Implication for IT Vendors and IT Buyers
  - The California Climate Accountability Package
    - Main Objective and Geographic Scope
    - Legal Validity and Implication for IT Vendors and IT Buyers
- Canada
  - Canadian Sustainability Disclosure Standards
    - Legal Validity and Implication for IT Vendors and IT Buyers
- Europe
  - CSRD
    - Main Objective and Geographic Scope
    - Legal Validity and Implication for IT Vendors and IT Buyers
  - Sustainable Finance Disclosure Regulation
    - Main Objective and Geo Scope
    - Legal Validity and Implication for IT Vendors and IT Buyers
  - The EU Taxonomy
    - Legal Validity and Implication for IT Vendors and IT Buyers
  - Circular Economy Action Plan
    - Main Objective and Geographic Scope
    - What is the Implication for IT Vendors and IT Buyers?
- Asia Pacific and Japan
Industry- and Domain-Specific Sustainability Regulations
- Carbon Border Adjustment Mechanism
  - Subject and Type of the Framework/Policy
  - Main Objective and Geographic Scope
  - What is the Implication for IT Vendors and IT Buyers?
- The Energy Efficiency Directive and Renewable Energy Directive
  - Subject and Type of the Framework/Policy
  - Main Objective and Geographic Scope
  - What is the Implication for IT Vendors and IT Buyers?
- Climate Neutral Datacenter Pact
  - Subject and Type of the Regulation /Policy
  - Main Objective and Geographic Scope
  - What is the Implication for IT Vendors and IT Buyers?

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