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01 Oct 2022

Clare businesses urged to prepare for EU sustainability regulations

Clare businesses urged to prepare for EU sustainability regulations

The Climate Ready Academy Sustainability Reporting Masterclass will take place virtually via Zoom on Wednesday, September 7, between 1pm and 2pm.

CLARE businesses have been urged to begin preparing for new EU corporate sustainability reporting responsibilities.

These are due to come into effect from January 2024, according to leading corporate governance expert, Dr Diarmuid Torney.

Dr Torney, an Associate Professor in DCU’s School of Law and Government, was speaking ahead of a free online masterclass for businesses, facilitated by the Climate Ready Academy, on the subject of corporate sustainability reporting and the role of business and government in achieving transformative change.

The Climate Ready Academy Sustainability Reporting Masterclass, hosted by broadcaster Ella McSweeney, will take place on Wednesday, September 7th between 1pm and 2pm and is open to business of all sizes and across all sectors.

The Climate Ready Academy is a Skillnet Ireland initiative delivered by Central Solutions.

Businesses attending will gain insight into the evolving climate change policy landscape, understand the implications for their business arising from national and EU policies and regulations and practical tips about how they as a business can respond to the climate challenge.

Dr Diarmuid Torney, Associate Professor in the School of Law and Government at Dublin City University, said that new EU rules around corporate sustainability reporting are expected to come into effect from January 2024 for large companies and will be extended to SMEs from January 2026 as core part of the EU's Green Agenda.

"All companies should consider the impact of such reporting on their business and begin planning immediately for these new regulations," he added.

The Climate Ready Academy Sustainability Reporting Masterclass will take place virtually via Zoom on Wednesday, 7th September between 1pm and 2pm.

Those wishing to attend the free event, can register via: https://www. climatereadyacademy.ie/ masterclasses/ 

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