Proactively Managing European Sustainability Regulations With the Support of Tset

The landscape of sustainability is becoming increasingly dominated by regulations. Jurisdictions worldwide are rapidly implementing sustainability-related legislation, with the European Union being at the forefront with its 27 Member States including big industrial players such as Germany, France and Italy. Their umbrella initiative is the so-called “European Green Deal” which includes law packages regarding greenhouse gasses and emission trading systems, critical and strategic minerals, electricity and natural gas markets, recycling rates, energy efficiency and much more. Non-EU countries such as Switzerland and Norway are also closely aligning with these regulations.

Multinational corporations operating within the European market and supply chain face numerous compliance requirements and obligations.

The year 2024 is pivotal, with significant political changes including the election of a new president in the USA and the renewal of the European Commission and Parliament. In these transformative times, it is crucial for multinational companies to anticipate various scenarios and prepare accordingly.

Where Tset Helps

This is where Tset excels in assisting you with the proactive management of European sustainability regulations. We offer comprehensive support in several critical areas directly linked to your product profitability:

• Ensure your target setting process aligns cost, emissions and specifications.
• Identify supply chain structures which are resilient to sustainability-induced price shocks.
• Include new cost factors into your cost calculation process, such as the EU’s Carbon Border Adjustment Mechanism (CBAM).

While many multinationals already have overarching sustainability strategies, our support focuses on operational improvements that directly impact your bottom line, translating strategy into your current supply chain framework.

Let Tset help you navigate the complexities of European sustainability regulations, ensuring compliance and optimizing profitability.