Regardless of whether your company is public or private, it has a governance process. That process may rest only with you, or it may be in the hands of outside directors. Either way, the clock is ticking on what needs to happen by the end this summer.
If you are in the EU, the CSDDD was pushed back a year. But remember, this is for reporting; which means, there needs to be something to report. If you have supply chains, which most companies do, you need to have a plan in place by the time you start your 2027 budget planning this fall.
In the United States, August 10, 2026 is when California SB 253 kicks in.
Canada already has its sustainability programs in place and is buildings its reporting program.
So, here is what you need to do over the next few months:
- Determine if your ESG disclosure posture has been reviewed by legal, finance and operations against compliance timelines. In other words, get everyone in a room and decide how much time you need to get your disclosure plan done.
- Determine if your energy procurement position reflects where the world currently sits regarding fossil fuel and its alternatives.
- Determine if your down-chain vendor governance structure has the visibility and documentation to satisfy your up-chain clients and ensure contracts are modified to accommodate same.
In short, get an environmental sustainability execution plan operational.