Featured Insights

The expansion of state-level Extended Producer Responsibility, or EPR, is changing the way companies think about packaging. What was once viewed as a downstream waste issue is now becoming a front-end business issue tied to data, governance, reporting, and cost. Read on for how companies can navigate reporting with a practical, structured approach.

CARB hosted a workshop on CA SB 253 on March 23, 2026 to clarify timing and process on Scope 1 and 2 reporting. New items from this workshop included: more detail on the August 2026 reporting process (e.g., fiscal-year alignment, upcoming intake and extension guidance), confirmation that limited assurance and the official template are not required in 2026, and early “pre‑rulemaking” options for 2027–2030 Scope 3 requirements.

Costa Rica is accelerating IFRS S1/S2 adoption—voluntary now, mandatory for key entities by 2027 with first reports in 2028—turning sustainability disclosure into a finance-grade competitive edge. See the 2026 priorities to build governance, data systems, and financial integration before it becomes market standard.

Third Economy convened a panel of investors and governance experts on 2/26/2026 to explore the shifts underway in proxy voting and shareholder engagement this season. The bottom line: investors want clearer evidence that boards are fit for purpose, that shareholder rights are protected, and that disclosures—from proxy content to sustainability reporting to executive pay—are structured in ways that both humans and AI-driven tools can use to assess long-term value.

CARB approved key climate disclosure rules, confirming August 2026 Scope 1/2 reporting deadlines for in-scope companies. Scope 3 and SB 261 enforcement remain pending. Companies should now assess scope, begin emissions inventory work, and plan for reporting.

As we reflect on 2025, our team has compiled stories and milestones that continues to drive our work forward and the trends that we are looking forward to accelerating on behalf of our clients.  Happy holidays from Third Economy!

Third Economy hosted a webinar on December 1, 2025, exploring the trends and events affecting the 2026 proxy season. Our discussion centered on the increased uncertainty around shareholder voting and engagement and how companies can create a disclosure strategy for this year and beyond.

Costa Rica is positioning itself at the forefront of Latin America’s sustainability transition. With IFRS S1 and S2 becoming mandatory in 2028, Costa Rican companies face an opportunity to fundamentally reshape how they measure, manage, and communicate climate-related financial risks. Read on for our insights on how companies can create tactical plans to make this shift towards NIIF reporting.

Sustainability reporting continues to evolve in 2025, driven by increased political scrutiny, heightened stakeholder expectations, and evolving regulatory frameworks. We’ve rounded up some of today’s biggest reporting trends for companies to leverage in 2025-2026.

Third Economy hosted a webinar on August 14, 2025, detailing California’s impending climate legislation and how companies can translate the state’s rulemaking guidance into reporting. Our discussion centered on interpreting the California Air Resources Board (CARB)’s recent climate disclosure FAQs and creating a compliance strategy for this year and beyond.

To better understand ongoing regulatory updates from the California Air Resources Board (“CARB”) and other legal entities on SB 253 and 261, we have created a tracker monitoring the enforcement of the climate-related disclosure requirements. The rulemaking details and our recommendations will be updated with any subsequent news.

CDP continues to be a strong opportunity for companies to disclose their environmental impacts to meet investor and market demands. We’ve rounded up this year’s changes to the CDP framework and updated our FAQ on why reporting matters.

Latin America is leading the way on sustainable business through the adoption of IFRS S1 and S2. The path forward is clear: align with global sustainability standards not just to comply, but to thrive.

In today’s highly divided world, can companies create cultures where both sides are valued, and their respective positions are heard? Welcome to DEI 2.0, focused on inclusion and belonging for financial results, versus social impact. Read on for what we can expect from companies in the era of DEI 2.0.

As a California business and as practitioners of sustainability, we felt that it was important to provide feedback on the California Air Resource Board’s implementation of recent climate-disclosure legislation. This legislation represents our best opportunity to create comparable and reliable information to assess public and private companies’ climate-related financial risks.

Companies generating $500MM or more in revenue will soon face mandatory carbon emissions and climate risk reporting in California (SB 253 and SB 261). Over 5,000 businesses— even those without a physical presence in the state—will be impacted. Is your business ready?

The 2025 proxy season is unfolding in an increasingly polarized environment, shaped by shifting U.S. policies and intensifying scrutiny on environmental, social, and governance (ESG) issues. As shareholder activism surges to new highs, boards and executives must prepare to navigate a complex and often contradictory landscape of investor demands.

The Principles for Responsible Investment (PRI) has formally released their reporting framework modules for 2025, in advance of the reporting tool’s opening in May. Read on for an in-depth summary of what these changes mean for signatories.

There is a lot to navigate within today’s markets for companies who are trying to  position their sustainability efforts amidst larger economic headwinds. We’ve collected our thoughts on the industry’s biggest issues – DEI, sustainability reporting and ESG writ-large in 2025.

The sustainability landscape remains dynamic and driven by various factors beyond just U.S. federal regulation. Check out our 8 biggest insights on the year ahead – from the sustainability factors that are likely to shape corporate reporting to our feelings on sustainable innovation.

California’s governor recently green-lit two new environmental reporting bills (under SB 219) which will have a significant impact on California, U.S., and global business starting in 2026. Read on to find out what this means for your organization.

Despite an uncertain business landscape, market forces will continue to drive sustainability over the next 4 years. Read on for our predictions on how the business imperatives of sustainability will evolve from our CEO, Chad Spitler.

In today’s business landscape, we need to stop thinking about sustainability as an expense for companies and start focusing on its role in innovation and revenue generation. Read on for more from our CEO, Chad Spitler.

CEO Chad Spitler recently commented on the recent US presidential debate and its lack of tangible climate policy for Reuters’ Sustainable Switch newsletter. The result? A market that is frozen into inaction in an uncertain regulatory environment. Read on for more of our analysis.

The shareholder activism landscape has evolved and more companies are being targeted than ever before. So how do you leverage your company’s shareholder engagement efforts to avoid an expensive and reputation damaging proxy contest? Read on for three areas of opportunity for companies to keep in mind, from activism and investor experts across the spectrum. 

The CDP reporting landscape has changed, as new requests from investors, from consumers and from supply chain partners continue to make these disclosures relevant and useful. But is completing a questionnaire actually worth the effort and the expense for your company? Read on for the finer details on how to best assess CDP for your business.

Wednesday the US Securities and Exchange Commission (“SEC”) ruled on its long-awaited climate-risk disclosure proposal, requiring public companies to disclose certain climate-related risks in financial statements. The good news? The ruling closely follows established frameworks like the TCFD and is a great financial benchmark for climate reporting. Want to learn more about what this means for businesses big and small? We pull out the fine print in our article linked here.

It’s 2024 and CA AB-1305 has been signed into law, requiring California companies to disclose voluntary carbon offset purchases and track net-zero or carbon neutrality claims on public-facing websites. The implications for CA businesses? New data collection and assurance practices, as applicable to your business. Read on for more on this new regulation.

We provide an essential guide on how to develop a meaningful supplier ESG engagement strategy and effectively manage your value chain’s social and environmental footprint.

BlackRock recently released their 2024 engagement priorities so we have summarized them and provided hyperlinks for your convenience.

We predict that supply chains will be a focal point for ESG in 2024. Read on for the first installment of our two-part series to learn why a supply chain sustainability strategy is a must-have in 2024.

As we reflect on 2023, our team has compiled stories from the past year that will continue to impact all of us in 2024 and beyond. Wishing you a successful 2024 from Third Economy!

As climate-related regulations become more prevalent, businesses can tackle the challenge of ensuring compliance while proactively leveraging them to your advantage. In our latest Thought Leadership article, we outline how to plan for net-zero targets and the steps you need to take to achieve them.

California Legislature recently passed two new environmental bills, both of which are expected to have a significant impact on California, U.S., and global business. Many of the world’s largest public and private companies will soon be required to disclose their greenhouse gas emissions and climate-related risks. Read on to find out what this means for your organization.

TCFD has emerged as a pivotal force in the global business and regulatory environment, influencing several global climate regulations, frameworks, and proposals including the U.S. SEC’s proposed rule on climate disclosures. But what does TCFD alignment mean in practical terms? In our latest piece, we break down what alignment to the TCFD standards means for large public corporations and small investment firms. Read on.

The news about ESG and Sustainability has been particularly frothy this season. To help our clients and prospects keep track of the key issues on the docket this fall, we’ve created a Top 10 list of rising ESG stories to follow and proactive steps for companies and financial firms to keep their organizations ahead. Read on for our Top 10 Sustainability Stories of Fall 2023.

Whether you are moving to sustainability reporting voluntarily or for mandatory compliance, the choice to report upon climate-related risk first includes navigating a complex landscape of standards and sustainability frameworks. With more than 2200 sustainability reporting provisions, it can be difficult to determine which frameworks and standards are right for your organization. Read on for our primer on some of the most common global standards and frameworks and how they might apply to your business.

The global regulatory landscape for corporate climate disclosures has seen major updates over the past few years. For corporate issuers, while some rulings may seem outside of your immediate jurisdiction, companies big and small will need to consider what long-term compliance might look like. Read on for our analysis of seven global climate-related regulations to keep in mind for your business.

As in year’s past, Larry Fink, Chairman of BlackRock, has penned a letter with his thoughts on the global economy in 2023. While ESG may be under cover in this year’s letter, there is still a strong mandate for companies and investors to take advantage of sustainability trends. So, what does this year’s analysis mean in practice? Read on for our top takeaways from this year’s letter for both investors and companies.

As sustainability consultants, we always have our eyes on the news. We’ve compiled this year’s biggest sustainability stories in a “Year in Review” for our clients and prospects to enjoy. Happy holidays from 3E!

In another big ruling for ESG in 2022, the Department of Labor rolled back restrictions on private-sector retirement plans, allowing 401k and other ERISA-governed retirement plans to consider ESG factors when choosing investments. This ruling is a key step towards recognizing ESG factors as financial risks and viewing ESG factors as an evaluation tool, like any other potential investment factor.

Everywhere you look people are talking about ESG. But in nearly every case, critics use the term inaccurately. The result? Stakeholders often talk past one another. Corporations aren’t sure what to prioritize and even worse, ESG is often hijacked for political ends. We explain the key differences between values-based investing, impact investing and ESG.

In May 2022, the SEC proposed additional disclosure rules for funds claiming to achieve a specific ESG impact. Under the new rules, these funds would be required to disclose the ESG factors considered in their investment strategy, as well as the metrics used to evaluate progress towards the fund’s objectives. How will your fund be affected? Read on for the fine print.

The U.S. Securities and Exchange Commission announced a landmark proposal to advance and standardize disclosures related to climate change, requiring public companies to disclose certain climate-related risks in their statements and reports. Underneath the 500 page proposal, what does this mean for corporate issuers and investors? We pull out the fine print on today’s announcement and what this means for companies in 2022 and beyond.

Companies are facing headwinds when it comes to board director reelection. In this environment, companies need to be proactive both with shareholder engagement and director preparation. How can your company increase shareholder engagement and promote board reelection? We share the key trends shaping our current environment then explore five strategies for the future.

In August 2022, President Biden signed the historic Inflation Reduction Act (“IRA”), the largest climate and energy bill ever enacted in the United States. Under the new bill, $369 billion will be invested in decarbonizing the U.S., through incentives for clean tech and corporate energy procurement. How can your business participate in these historic rebates and credits? Read our analysis here.

Defining the ‘S’ in ESG is not as simple as accounting for carbon output or measuring board representation. But categories like social capital, human capital and product innovation represent unique tools to assess both risk and opportunity for companies to generate long-term value. Looking for more information on how to quantify the ‘S’ for your business? Read on for 3E’s primer on measuring key social issues for your business.

The Intergovernmental Panel on Climate Change (IPCC) released its Climate Change 2022: Impacts, Adaptation, and Vulnerability report. This report draws attention to 127 key risks associated with climate change, and the urgency around taking adaptive measures to build more resilient infrastructure.

The six most important lines from the 2022 State Street and BlackRock Annual Letters.

More businesses are taking the climate pledge: Net zero by 2040. Should your organization step up too? Below, in partnership with Broadridge, we share the case for signing onto the climate pledge and highlight proven strategies to make sure your organization is ready.

Our newest VIA3 rating is focused on global equity and this month’s webinar on how fund managers align their portfolios with the UNSDG’s. This conversation, rather than a technical look at how a fund comes together, will be a look forward at the changes these funds are making in the world.

The storyline emerging from this year’s conference was the pressing need for companies to be proactive in engaging with investors.

BlackRock’s new engagement priorities address traditional areas of investor engagement such as governance, strategy and compensation alongside developing areas like climate risk and human capital management.

Letter submitted to the SEC to address the challenges raised in applying the Names Rule to the use of the term ESG in fund names.

CEO response to a Department of Labor proposed rule change affecting ESG investment funds.