The congressional and federal climate action of the last few weeks is likely to have a significant impact on the climate movement for years to come. It will also have a snowball effect on American companies’ climate actions. The Inflation Reduction Act has set aside roughly $369 billion for climate and energy projects and tax credits, and the Biden administration has announced a plan to partner with the private sector to tackle greenhouse gas (GHG) emissions from federal buildings by setting agency emissions reductions targets and investing in energy efficiency. The Department of Defense also came out with a request for information (RFI) asking federal suppliers if they would be capable of providing their GHG accounting data.
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EcoVadis is a purpose-driven company whose mission is to provide the world's most trusted business sustainability ratings. Businesses of all sizes rely on EcoVadis’ expert intelligence and evidence-based ratings to manage risk and compliance, drive decarbonization, and improve the sustainability performance of their business and value chain. Its AI-powered risk mapping, actionable scorecards, benchmarks, carbon action tools, and insights guide a resilience and improvement journey for environmental, social and ethical practices across 200 industry categories and 175 countries.
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