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Sustainability
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Sustainability/ESG Bulletin, 3 October 2025

In this week’s Sustainability/ESG Bulletin, read about the increase in environmental tax collected in 2024, SEAI's announcement of new funding opportunities for fleet electrification, and the Department for Transport’s newly released Statement of Strategy 2025-2028. Also featured are calls from the EPA for stronger action to protect clean air in Ireland,  updates on consultations in Northern Ireland, as well as the usual articles, resources and upcoming events.   IRELAND Environment taxes increased by 11 percent in 2024 to €5.5 billion In 2024, €5.5 billion was collected in environment-related taxes in Ireland, making up 4.3 percent of total taxes in 2024.  This is according to figures published by the Central Statistics Office, which noted an increase of 11 percent on 2023 and the highest amount collected between 2015 and 2024. Most environment taxes were taxes on energy products, such as heating and transport fuels. Energy taxes accounted for 63.5 percent of all environment taxes, or €3.5 billion, in 2024. Transport taxes (including motor tax and vehicle registration tax) accounted for 36 percent of all environment-related taxes in 2024. Pollution and resource taxes, such as the plastic bag levy, made up 0.5 percent of environment-related taxes in 2024. Electric vehicles for business The Sustainable Energy Authority of Ireland (SEAI) has announced it is offering up to €8,000 to companies looking to electrify some or all their existing fleet. The assessment includes a review of a business’ current fleet, recommendations on which routes/vehicles to electrify and the charging infrastructure required to support the business’ plan. Capital funding required to deliver Ireland’s offshore renewable energy infrastructure Capital funding and other funding mechanisms are required to deliver offshore renewable wind energy port infrastructure in Ireland. This was among the findings of research conducted by academics based in Dublin City University (DCU) under the Next Generation Energy Systems (NexSys). The paper identified limited port capacity as a key constraint for Ireland’s planned rollout of critical offshore renewable wind energy (ORE) projects. Department of Transport publishes new Statement of Strategy 2025–2028 The Department of Transport has published its new Statement of Strategy for 2025–2028, setting out six high-level goals. This include Connectivity, Effective Policy and Regulation, Sustainability: Economy, Environment and Society, Transport Access, Safety and Security, Organisational Excellence and Innovation. The Department’s Implementation Plan 2025-2028 has also been published, detailing the strategic objectives and actions which will be implemented and how they will be monitored. EPA calls for more to be done to protect clean air in Ireland The Environmental Protection Agency (EPA) has published its report, Air Quality in Ireland 2024, which is based on data from Ireland’s extensive air monitoring network of 115 stations. It reveals that while Ireland currently meets EU air quality standards, we are projected to fall short of the stricter air quality standards set for 2030 under the new Ambient Air Quality Directive. According to a ESRI report in June 27, 2025, the healthcare costs of poor air quality in Ireland, air pollution imposes a significant economic burden, in terms of healthcare costs, lost productivity, impact on agricultural crops and damage to buildings and infrastructure. The ESRI report notes that the Organisation for Economic Co-operation and Development (OECD) estimate that the total welfare losses from ambient air pollution (PM2.5 and ground-level ozone) in the EU-27 in 2017 amounted to €601bn, or approximately 4.9 per cent of gross domestic product (GDP).   Northern Ireland Public consultations launched on non-domestic renewable heat and on low carbon hydrogen The Department for the Economy has launched a public consultation to shape the final arrangements of the closure of the Non-Domestic Renewable Heat Incentive (RHI) scheme. This scheme launched in 2012 to provide financial incentives to businesses and public sector organizations to switch from conventional heating to renewable sources like biomass boilers or heat pumps. Closure arrangements include a payment mechanism based on annual payments, with uplifted tariffs, delivering a solution that is fair to participants and taxpayers alike. This consultation will run until Monday 24, November 2025.  Separately, a public consultation has launched on the policy for low carbon hydrogen,  a key commitment of the 2025 Energy Strategy Action Plan. The consultation seeks views on a sustainable, regional approach for the production, storage, transport, and use of hydrogen in Northern Ireland.     Northern Ireland first Draft Climate Action Plan DAERA Minister Andrew Muir is encouraging people to have their say on Northern Ireland’s first draft Climate Action Plan, before the 16-week public conclusion closes on 8 October. The draft action plan, a legal requirement of the Climate Change Act, that was passed by the NI Assembly in 2022, sets out the path Northern Ireland will take to reduce greenhouse gas emissions to net zero by 2050.   EUROPE A survey by the European Agency for Safety and Health at Work (EU-OSHA) has revealed that one-third of EU workers are exposed to climate change-related risks ─ such as extreme heat, extreme weather events or poor air quality.  The factsheet for Ireland focuses on responses related to the implications of climate change for OSH — including exposure to climate change-related risks at work, associated health impacts and the availability of preventive measures in the workplace.   Resources from Chartered Accountants Ireland Sustainability-focused specialist qualifications Chartered Accountants Ireland has launched its Autumn/Winter professional development programme offering, which includes the Certificate in Sustainability Strategy, Risk and Reporting (Starting 7 October).   Resources Accountancy Europe has published a paper to support the ongoing discussions on both the European Commission Omnibus proposals for the Corporate Sustainability Reporting Directive (CSRD) of 26 February 2025 and EFRAG’s consultation on the draft amended ESRS. The paper, titled Sustainability statements based on ESRS: “compliance” or “fair presentation”? outlines the issues at stake, the differences between the two frameworks, and explores what it means for sustainability reporting and sustainability assurance. Continued strength of sustainability and ESG PwC has published its inaugural Global Sustainability Reporting Survey, revealing that  most companies reporting under the CSRD and ISSB say pressure to provide sustainability data and insights has increased, despite regulator rollback. The survey was based on responses from 496 companies that have reported, or plan to do so in the future, under the CSRD or ISSB frameworks. Approx 40 percent of survey respondents planning to report under the CSRD in the future say they will postpone statutory reporting by two years, in line with the EU’s ‘stop the clock’ directive. An equal number intend to report on the original timeline, even if not legally required to do so, whether under the CSRD or an alternative framework like the ISSB or the Global Reporting Initiative. Stakeholder pressure is given as part of the reason for the resolve to report, along with companies using this information to inform business decisions.  Separately, a recent Morningstar survey of over 500 pension funds, insurers, CIOs, and family offices found that ESG integration into investment decision-making remains robust, with asset owners put climate transition readiness (56%), energy management (48%), and physical climate risks (42%) at the top of their list of most material environmental factors.   Articles Plans for dealing with future extreme weather events not yet finalised (Irish Times – Subscriber) Investors should back renewables amid AI driven energy surge, says Amundi head (Business Post – Subscriber) Areas on Dublin’s northside among most at-risk from ‘extreme coastal events’ – New analysis raises likelihood that thousands of properties will become uninsurable (Irish Times) Five UNGA80 takeaways every business leader needs to know (UN Global Compact) Self-charging: Using solar panels to provide your car’s charge (Irish Times)   Podcast The Guardian -  Today in Focus Here comes the Sun! The Solar Energy Revolution  (29mins)   Events Dublin Chamber, Sustainability Academy Workshops This autumn, for the first time, all Sustainability Academy workshops will take place in person at Dublin Chamber, 7 Clare Street, Dublin 2. Dublin Chamber is offering a special rate of €420 for those who register for the full series of five workshops (normally €495). This includes a free one-hour tailored advisory consultation with a sustainability expert from Goodbody Clearstream. Whether you're new to sustainability or looking to build on existing knowledge, this series provides a structured way to learn what matters and apply it in your role. Venue: Dublin Chamber, 7 Clare Street, Dublin 2 Environmental Strategy Bootcamp – Carbon Footprint & Decarbonisation, Wednesday 8 October, 9am -1pm Strategic Sustainability Leadership, Wednesday 5 November, 9am -1pm Sustainable Business Practices – Strengthening Customer Connections, Wednesday 26 November, Time: 9am -1pm Internal Sustainability Integration – Building a Sustainable Workplace Culture, Thursday 4 December, Time: 9am -1pm EFRAG, The VSME Standard in Action: From the European Commission’s Recommendation to Digital Solutions EFRAG is running a hybrid VSME Outreach Event on 6 October 2025 at which the European Commission will present on its Recommendation, with reactions from policymakers, banks and SMEs. Attendees will discover the EFRAG VSME Ecosystem and digital tools and learn from practical SME experiences and case studies. Virtual and in person, 6 October 2025, 10am-1pm CET IBEC, Preparing for the EU Plastic Pellet Regulation This webinar is essential for all companies using plastic pellets as a raw material. The EU’s new Plastic Pellet Regulation requires businesses to prevent pellet loss into the environment, while also measuring and reporting any losses. Join us to learn what these new rules mean for your company, the steps you need to take to stay compliant, and how to prepare effectively for implementation. Online - 9 October 11:00 - 12:00 French Embassy, DCU Institute for Climate and Society,  The legacy of the Paris Agreement A discussion on the legacy of the Paris Climate Change Agreement, which was signed 10 years ago. Speakers include Benoît Faraco, France's climate ambassador, and Eamon Ryan, former Minister for Environment, Climate and Communications. The event is free and open to the public. Places are limited, so please register. In person, October 8, 16:00-18:00, Europe House, Chatham Street, Dublin 2. Diversity Mark, Diversity Mark Annual Summit 2025 This event will explore how diversity and inclusion can drive sustainable business growth, gathering over 300 business leaders, executives, and inclusion advocates for a full-day programme featuring keynote speakers and breakout sessions. It aims to equip attendees with practical strategies to create more inclusive workplaces and foster meaningful change across sectors. In person, 8 October 2025, Titanic Belfast Accountancy Europe, Is the public sector sustainable? Find out about the latest developments to promote sustainability reporting alongside financial reporting in the public sector, the specific challenges facing the public sector, what can be learnt from experience in the private sector. Virtual, 8 October 2025, 14:30–16:00 CEST Chartered Accountants Ireland, Public Sector Conference  The public sector conference will focus on key issues impacting finance and non-finance professionals working in public service and related organisations. This includes civil and public servants, as well as those working in public bodies and not-for-profit organisations. Wednesday 15 October | 9:30am–1:30pm Online | 4 hours CPD FTI Consulting, Women in Sustainability FTI Consulting is hosting its next women inhttps://www.linkedin.com/search/results/all/?keywords= percent23sustainability&origin=HASH_TAG_FROM_FEED sustainability networking event on 16 October. It's an evening get together for women in the sustainability space to connect and share insights. In person, 16 October, The Shelbourne Hotel An Taisce, Climate Action Week, 13 – 19 October 2025 Climate Action Week is Ireland’s largest pop-up climate festival and has been coordinated by An Taisce since 2017. On behalf of the Department of Climate, Energy and Environment the 9th festival will bring nationwide spaces that champion local planet protectors and welcome solution seekers to events that tackle the climate crisis in exciting and empowering ways. International Society of Sustainability Professionals Webinar: AI in Action: Practical Tools for Corporate Sustainability Impact Artificial Intelligence is rapidly transforming how organizations collect data, measure impact, and drive sustainability performance—but it can be difficult to separate the hype from the real-world applications. In this session, we’ll explore how corporate sustainability professionals can leverage AI to work smarter, not harder. Virtual, Wednesday, October 22, 2025, 11:00 AM - 12:00 PM (EDT) NESC, NESC Energy Conference 2025: Energising the Transition This conference follows the publication of NESC’s reports Ireland’s Future Power System and Economic Resilience, International Trade Dependencies and the Energy Transition, and Connecting People to the Energy Transition, as well as the forthcoming Energy Transition: A Systems Perspective. The in-person event builds on this extensive body of work and incorporates inputs from national and international experts to provide stimulating discussions of how Ireland can make the necessary transition for the good of all people and sectors. In person, Radisson Blu Royal Hotel, Dublin 2, 22 October, 8.30-15.45 Ibec Networks Autumn Seminar Series, Session 4: The culture of sustainability innovation The final webinar in a four-part series Autumn Seminar Series ‘The culture equation’ looks at what supports are available to assist on a journey to becoming a more sustainable business. In the supporting case study from O'Brien's Fine Foods the webinar will discuss what drives a sustainability focused culture in an organisation. Virtual, Thursday 13 November, 11.00-11.50am   Sustainability Centre You can find information, guidance and supports to understand sustainability and meet the challenges it presents in our online Sustainability Centre.  

Oct 02, 2025
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Public Policy
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CCAB-I responds to review of Employer Permits Occupations Lists

In the last week, the CCAB-I responded to the consultation on the Employer Permits Occupations Lists launched in July by the Department for Enterprise, Tourism and Employment. The Employer Permits Occupations Lists comprise the Critical Skills Occupations List (CSOL) and the Ineligible Occupations List (IOL). The current inclusion of accountants on the CSOL – highly skilled professional roles in high demand not always available in the resident labour force so eligible for a Critical Skills Employment Permit (CSEP) – ensures that firms can employ non-EEA nationals to fill skills and labour gaps. In the submission, the CCAB-I recommends that accountants be kept on the CSOL as there remains a critical shortage of qualified accountants in Ireland and an insufficient pipeline studying to become accountants to meet both current and future demand. We highlight that the accountancy profession plays a pivotal role in delivering vital professional services and advice to all sectors of the Irish economy. It contributes to the economy through the activities of professional accounting firms (providing essential audit, tax, consulting services) and the work of professionally qualified accountants operating in finance and leadership roles across all sectors. The submission references the Oxford Economics report, The Accountancy Profession in the UK and Ireland (2024), highlighting that the profession contributed €19.8 billion to Irish GDP in 2022 – 15% (€3 billion) of this from professional accounting firms, 85% (€16.8 billion) made up of the value provided by in-house accountants working in Irish businesses. The profession’s contribution to the Irish economy has increased by 53% since this report was last compiled in 2017. Across the EU it is widely recognised that there is a general shortage of accountants, and our member firms have communicated to us the ongoing difficulties they are having in recruiting experienced hires from within the EEA. These capacity shortages have been exacerbated by domestic housing shortages as well as the ongoing cost-of-living pressures. To address the lack of available skilled labour, large numbers of non-EEA qualified accountants are already being heavily relied upon for the purposes of filling vacant accounting roles in Ireland. Therefore, it is vital that accountants remain part of the CSOL to adequately meet ongoing capacity shortages. The last review of the Employer Permits Occupations Lists took place in 2023.

Sep 26, 2025
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Sustainability
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Sustainability/ESG Bulletin, 25 September 2025

  In this week’s Sustainability/ESG Bulletin read about Chartered Accountants Ireland’s support of the UN Sustainable Development Goals Week. Also covered are Government consultations on the development of a Social Climate Plan, a Circular Economy Strategy, Northern Ireland’s Department of Finance new guidance on environmental and climate impacts in programme project development, updates on renewable energy auctions and supports, and news from the UN General Assembly, along with the usual articles, resources and upcoming events.   Chartered Accountants Ireland Chartered Accountants Ireland, in partnership with the Institute of Bankers (IOB),  held a weeklong programme of team-focused activities this week to promote the UN Sustainable Development Goals by participating in the UN’s Global Goals Week - an annual week of action, awareness, and accountability for the Sustainable Goals. The programme included recycling and energy webinars, a pop-up charity shop in aid of The Jack and Jill Children's Foundation, a seminar on nature, risk and finance, and a networking and climate-focused event for our ACA Professionals to connect, reflect, and celebrate our shared commitment to sustainability.   IRELAND United Nation’s Global Goals Week The theme for the 80th United Nations General Assembly (‘UNGA 80’), which began this week in New York, is: “Better together: 80 years and more for peace, development and human rights”, emphasising the importance of multilateralism in the negotiation of peace and towards building a shared future and accelerating progress on the Sustainable Development Goals. Key themes include gender equality, climate action, AI governance, and mental health. Ireland is marking 70 years of UN membership, and the UNGA is an “opportunity for Ireland to reaffirm its commitment to global cooperation and sustainable development”. On Friday 26 September Taoiseach Micheál Martin will deliver the National Statement to the United National Statement to the United Nations General Assembly. Consultation launches on development of national Social Climate Plan The Department of Climate, Energy and the Environment (DCEE) has launched a consultation on the development of a national Social Climate Plan, which will set out measures to be co-financed from the EU Social Climate Fund, the first EU fund specifically designed to alleviate energy and transport poverty arising from the transition to clean mobility and a decarbonised built environment. The Plan aims to set out measures to address the impacts of this transition on vulnerable groups, including businesses. The consultation is open until October 23, 2025. Circular economy funding announced and consultation launched Applications have opened for the 2025 funding round of the Circular Economy Innovation Grant Scheme (CEIGS). €650,000 funding is now available to support community groups, social enterprises, and SMEs driving circular economy innovation across Ireland. The CEIGS is designed to support innovative circular economy projects led by social enterprises, voluntary and community organisations, and small businesses with fewer than 50 employees. Separately, a public consultation on Ireland's Second Whole of Government Circular Economy Strategy has been launched, proposing a range of actions and associated targets across key sectors. Among the Strategy’s core objectives is ‘decoupling economic growth from resource use’. A report released this week by the Environmental Protection Agency (EPA) Ireland state that Ireland needs to recycle an additional 400,000 tonnes of waste every year, with packaging-waste-generation increasing almost four times faster than recycling since 2016. Potential tax revenue not collected due to jet kerosene excise exemption Fossil fuel subsidies decreased to €4.7 billion in 2024 and petrol tax per tonne of carbon dioxide increased by 22 percent, according to the CSO statistical release on Fossil Fuel Subsidies 2024. The release also revealed that the revenue forgone, or the amount of potential tax revenue not collected, due to the excise exemption for jet kerosene (used in commercial aviation) was €720 million in 2024, representing an increase of 19 percent from 2023. The reduced excise rate on road diesel when compared to the petrol excise rate led to €370 million in forgone revenue in 2024. The carbon charge for consumers of petrol and road diesel both increased by 22 percent in 2024 to €274 and €207 per tonne of carbon dioxide emitted, respectively. 1500 GWh identified as provisionally successful by RESS 5 [BH1]  The provisional results of the fifth Renewable Electricity Support Scheme (RESS 5) auction have been announced, provisionally securing 1500 GWh which will power 357,000 homes. The announcement by the Department of Climate, Energy and the Environment points to solar PV’s “pivotal role in Ireland’s clean energy transition”, reinforcing its role as Ireland’s fastest growing renewable electricity source. It goes on to describe solar as “highly complementary to wind generation”, meaning this rapid growth of solar strengthens Ireland’s ability to generate clean electricity all year round, enhancing our security of supply and helping to stabilise electricity prices. Its role in delivering Irish energy independence and in providing long-term security of clean renewable electricity for Irish households was described as “Ireland’s energy insurance policy”, reducing its dependence on imported fossil fuels, and consequent vulnerability to international energy markets. This is the fifth auction to occur between 2020 and 2025.    NORTHERN IRELAND/UK Minister Andrew Muir reiterates crucial link between economic growth and environmental sustainability Department of Agriculture Environment and Rural Affairs (DAERA) Minister Andrew Muir has reiterated the crucial link between economic growth and environmental sustainability last week. Speaking at the Co-Centre for Climate + Biodiversity + Water Annual Symposium at Queen’s University Belfast, Minister Muir said “To ensure our economy grows sustainably, we need a healthy environment. We do not have a choice; we must address these interconnected challenges”. Minister Muir also emphasised the importance of cross-border collaboration, commenting “Our climate and environmental challenges do not respect borders, and neither can our solutions - this is why the Co-Centre approach, looking at climate challenges on a North-South, East-West basis, is so vital.” This Co-Centre, co-funded by DAERA along with Research Ireland and the UK Research Institutes, addresses the three connected issues of climate change, biodiversity loss and declining water quality in Northern Ireland, Ireland and Great Britain. Final Scheme Design for renewable electricity price guarantee published Economy Minister Dr Caoimhe Archibald has published the Final Scheme Design for a renewable electricity support scheme for Northern Ireland. The Renewable Electricity Price Guarantee (REPG) aims to incentivise renewable electricity generation and position Northern Ireland as a competitive and attractive destination for investment. The scheme aims to deliver lower energy prices and help achieve the Climate Change Act (Northern Ireland) 2022 target of 80 percent renewable electricity consumption by 2030. The Department for the Economy will consult on the REPG Terms and Conditions later this year, providing stakeholders with a key opportunity to input into the contractual aspects of the scheme. The first auction is anticipated in early 2027. Department of Finance issues guidance on environmental and climate impacts in programme project development The Department of Finance has published guidance and related documents to help appraisers meet their responsibility to consider appropriately environmental and climate impacts in the development of all programme and project business cases. Documents include: ‘Incorporating Environmental and Climate Considerations into Business Cases’ a ‘DoF Emissions Calculator Worked Example’ of a PV (solar panel) installation project, and templates for ‘Options Frameworks, with Green Solution’. The announcement mentions a remaining need to consider other impacts formerly under the umbrella of “sustainable development”, such as equality, health, social inclusion and rural, as well as economic impacts in business cases. As this continues to be a rapidly evolving and wide-ranging area, the Department is advising users to regularly refer back to the DoF website for the latest version of these documents.   EUROPE EU green lights Waste Framework Directive The EU Parliament has given the final green light to the revised ‘Waste Framework Directive’ which will introduce new measures to prevent and reduce waste from food and textiles across the EU. The updated legislation will introduce binding food waste reduction targets, to be met at national level by 31 December 2030. Producers that make textiles available in the EU will have to cover the costs of their collection, sorting and recycling, through new producer responsibility (EPR) schemes to be set up by each member state, within 30 months of the Directive’s entry into force. The law will now be signed by both co-legislators, ahead of its publication in the EU Official Journal. EU countries will have 20 months following its entry into force to transpose the rules into national legislation. WORLD “A clean energy transition is happening, and it is here to stay” This was the message of a joint letter, signed by nearly 20 world leaders this week as country representatives gathered in New York at the annual United Nations General Assembly (UNGA) meeting.  The letter, “All hands on deck for the just and equitable energy transition” called on leaders and the private sector to unite in action to unlock a more sustainable, equitable and prosperous future for all and was signed by leaders including Anthony Albanese, Prime Minister of Australia, Luiz Inácio Lula da Silva, President of Brazil, Mark Carney, Prime Minister of Canada, Ursula von der Leyen, President of the European Commission, Keir Starmer, Prime Minister of the United Kingdom, Fatih Birol, Executive Director of the International Energy Agency and others. The letter pointed to the acceleration of the global energy transition, with $2 trillion invested in clean energy in 2024—double that of fossil fuels. It referenced the persistent disparities persist between the developed and developing economies, which the newly launched Global Energy Transitions Forum aims to address these gaps by unlocking financing, scaling renewables, and supporting local initiatives. Resources from Chartered Accountants Ireland Sustainability-focused specialist qualifications Chartered Accountants Ireland has launched its Autumn/Winter professional development programme offering, which includes the Certificate in Sustainability Strategy, Risk and Reporting (Starting 7 October).   Technical updates from Professional Accounting (From Technical Roundup 19 September):   IAASA has released a Thematic Desktop Examination on Sustainability-linked financing. The thematic examination looked at the annual reports of 17 equity issuers listed on the main market of Euronext Dublin.   As the public consultation on the ESRS enters its final few days, EFRAG has prepared some informative videos and a factsheet on the proposed simplifications to the standards. The consultation remains open until 29 September.   EFRAG are hosting a hybrid event on 6 October on the VSME standard entitled “The VSME Standard in Action: From the European Commission’s Recommendation to Digital Solutions.”   Accountancy Europe has updated its CSRD Transposition Overview which monitors the CSRD transposition status across the EEA countries.   The International Sustainability Standards Board (ISSB) will be hosting episode 12 of their “Perspectives on sustainability disclosure” webinar series on 6th October.   Accountancy Europe has published its September 2025 Sustainability Update.   Resources A report in the Energy Research & Social Science journal has published offering a reimagining of government-supported initiatives to support SMEs to embed decarbonisation activity within everyday practices, in order to create enduring, meaningful progress towards net-zero. Articles Gender Pay Gap reporting tightens in 2025 (Accountancy Ireland – Briefly) CSR: good for business and the community (Accountancy Ireland – Briefly) Non-financial reporting: how to consolidate or aggregate data (ICAEW – Insights) These 10 nature finance models could help deliver returns and impact – here’s how ( World Economic Forum) Failure to close climate action gap could cost us €26bn – imagine what that might achieve (Irish Times) Irish Government to ratify landmark UN high seas treaty - Meanwhile, Northern Ireland’s first peatland strategy launched in ‘turning point’ for peatland conservation (Irish Times) Events Dublin Chamber, Sustainability Academy Workshops This autumn, for the first time, all Sustainability Academy workshops will take place in person at Dublin Chamber, 7 Clare Street, Dublin 2. Dublin Chamber is offering a special rate of €420 for those who register for the full series of five workshops (normally €495). This includes a free one-hour tailored advisory consultation with a sustainability expert from Goodbody Clearstream. Whether you're new to sustainability or looking to build on existing knowledge, this series provides a structured way to learn what matters and apply it in your role. Venue: Dublin Chamber, 7 Clare Street, Dublin 2 Chartered Accountants Ireland, Western Society SDG week Brigit's Garden tour Sustainable Development Goals Week Ireland 2025 will unite communities and businesses in a nationwide effort to promote sustainability and environmental responsibility. We will mark the week with an interactive and engaging tour of Brigit's Garden finishing with a Brigit’s cross making demonstration and of course a coffee. Brigit‘s Garden is regarded as one of the most picturesque gardens of Ireland, set in 11 acres of beautiful grounds with many features to explore and delight in. In person, Saturday 27 September 2025 | 11:00am | Brigit's Garden, Roscahill, H91 CC90 Climate Cocktail Club, Climate Carnival Blending business, innovation, finance, music, activism and science for bold brave leadership, this pioneering two-day event for changemakers aims to inspire, entertain and explore radical and creative solutions to drive planetary impact now. In person, 29 – 30 September | Ballintubbert House, Ballintubbert House, Stradbally, Co. Laois, R14 E954. International Society of Sustainability Professionals Webinar: Driving Sustainable Change: Integrating Change Management for Positive Outcomes This webinar will delve into the critical role of change management in advancing sustainability initiatives. Participants will explore how effective change management strategies can lead to more impactful and lasting positive outcomes for both people and the planet. Through practical insights and real-world examples, this session aims to equip sustainability professionals with new knowledge and tools to drive meaningful change at multiple scales. Virtual, Tuesday, 30 September, 11:00 AM - 12:00 PM (EDT) Trinity Business School, Signs of a Healthy Economy: Redefining Economic Value In this lunchtime seminar, Mieke Siebers, Executive Director of the Foundation for Sustainable Development, explores the role of our economic systems and how we can rethink economic value in the face of climate change and biodiversity loss. From scientific standards on ecosystem services to natural capital accounting, she will show how business and management can help build resilient, mission-driven economies fit for the 21st century. In person (Trinity Business School) and virtual (Zoom), 30 September, 1-2pm EFRAG, The VSME Standard in Action: From the European Commission’s Recommendation to Digital Solutions EFRAG is running a hybrid VSME Outreach Event on 6 October 2025 at which the European Commission will present on its Recommendation, with reactions from policymakers, banks and SMEs. Attendees will discover the EFRAG VSME Ecosystem and digital tools and learn from practical SME experiences and case studies. Virtual and in person, 6 October 2025, 10am-1pm CET   French Embassy, DCU Institute for Climate and Society,  The legacy of the Paris Agreement A discussion on the legacy of the Paris Climate Change Agreement, which was signed 10 years ago. Speakers include Benoît Faraco, France's climate ambassador, and Eamon Ryan, former Minister for Environment, Climate and Communications. The event is free and open to the public. Places are limited, so please register. In person, October 8, 16:00-18:00, Europe House, Chatham Street, Dublin 2. Diversity Mark, Diversity Mark Annual Summit 2025 This event will explore how diversity and inclusion can drive sustainable business growth, gathering over 300 business leaders, executives, and inclusion advocates for a full-day programme featuring keynote speakers and breakout sessions. It aims to equip attendees with practical strategies to create more inclusive workplaces and foster meaningful change across sectors. In person, 8 October 2025, Titanic Belfast Accountancy Europe, Is the public sector sustainable? Find out about the latest developments to promote sustainability reporting alongside financial reporting in the public sector, the specific challenges facing the public sector, what can be learnt from experience in the private sector. Virtual, 8 October 2025, 14:30–16:00 CEST   Sustainability Centre You can find information, guidance and supports to understand sustainability and meet the challenges it presents in our online Sustainability Centre.   

Sep 25, 2025
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Countdown to auto enrolment

The implementation of the new Auto-Enrolment Retirement Savings Scheme is now only three months away. My Future Fund will affect 800,000 members of the workforce and every employer in Ireland, but our research has indicated that preparedness among businesses remains worrying low; only 2 in 5 (40%) respondents felt that they had been adequately informed of the steps needed to implement it in time for its January launch.    A new public body, the National Automatic Enrolment Retirement Savings Authority (NAERSA), will administer the auto-enrolment scheme, and we were pleased to note that the NAERSA Board, appointed earlier this month, includes two Chartered Accountants Ireland members.   Equipping businesses with the necessary information in the coming weeks is going to be crucial to making auto enrolment a success. Chartered Accountants Ireland will hold a free in-person lunchtime event on auto-enrolment on Thursday 16 October at Chartered Accountants House.   The first in our “Trusted Business Leadership: The Chartered Roundtables”, series, this event will feature perspectives from Shane O’Farrell, Director of Workplace Markets, Irish Life Employer Solutions, Tony Culhane, Solution Design Lead, Sage, and Cróna Clohisey, Director of Members and Advocacy, Chartered Accountants Ireland.   The Institute also believes that there is an ongoing need for government to bridge this information deficit and equip businesses with the support and guidance they need as we approach January.   

Sep 25, 2025
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Sustainability/ESG Bulletin, 12 September 2025

In this week’s Sustainability/ESG Bulletin read about sustainability in the Irish Government’s Action Plan on Competitiveness and Productivity. Also covered are recommendations from the Climate Change Advisory Council on solar PV, a new report on the Voluntary Nature Market in Ireland, the Extended Producer Responsibility Scheme in Northern Ireland, Spain’s State pact to tackle the climate emergency – including by mandating ESG reporting – and the landmark partnership between the ISO and GHG Protocol to co-develop new standards for GHG emissions accounting and reporting, along with the usual articles, resources and upcoming events.   IRELAND Sustainability in the Government’s Action Plan on Competitiveness and Productivity The Department of Enterprise, Tourism and Employment has this week published an Action Plan on Competitiveness and Productivity, with 85 actions for enhancing Ireland’s competitiveness and productivity performance. Among the six themes into which these actions are grouped is “growing sustainable Irish businesses and boosting regional development”.  Read more about sustainability in the Action Plan. Climate Change Advisory Council calls for accelerated roll out of solar PV The Climate Change Advisory Council (CCAC) in its recently published Annual Review 2025 has called for an accelerated rollout of solar PV for commercial and public buildings to help manage energy costs. With increasing challenges around global competitiveness, the Council warns that although industrial emissions reduced by 4.6 percent in 2024 – mainly due to a decline in cement volumes – Ireland has not yet broken the link between production levels and emissions in the industrial sector. The Council also warns that the volume of waste generated remains too high with Ireland’s circularity rate of 2.3 percent falling well below the EU average of 11.8 percent. Voluntary nature market could unlock private finance for Irish ecosystems, report finds A Voluntary Nature Market featuring nature ‘credits’ has the potential to close the multi-billion-euro nature funding gap in Ireland, according to a new report published last week by Trinity College Dublin and BiOrbic Research Ireland Centre for Bioeconomy.  The report, ‘The Voluntary Nature Market in Ireland: State of Play, September 2025’, maps out the key challenges and opportunities in Ireland’s Voluntary Nature Market and calls for the development of a high-integrity, transparent, and durable market. Commenting, the report’s lead author Orlaith Delargy said: “The EU estimates a shortfall of €37 billion per year between current spending and what’s needed to meet our nature goals. To address this gap, new ways of financing action on the ground are needed … A Voluntary Nature Market, similar to the Voluntary Carbon Market, could channel private investment to local projects that restore ecosystems and support communities.”   NORTHERN IRELAND/UK Small businesses urged to register for Extended Producer Responsibility scheme For the first time companies in Northern Ireland with an annual turnover of more than £1million and responsibility for over 25 tonnes of packaging each year need to record and report their packaging data under the Extended Producer Responsibility (EPR) scheme, a UK-wide reform of an existing Producer Responsibility scheme for packaging. Among its core aims are increasing recycling rates of packaging, reducing waste and non-recyclable material being placed on the market and shifting the costs of managing household and street-binned packaging waste to producers of packaging. The new EPR scheme also marks significant changes for larger organisations in Northern Ireland which are now obliged to report recorded data every six months and will for the first time be liable for the full cost of managing packaging waste including costs associated with the collection, sorting, and treatment of household waste. Renewable electricity consumption – Northern Ireland   A total of 43.1 percent of total electricity consumed between June 2024 and June 2025 was generated from renewable sources located in Northern Ireland. This represents a decrease of 2.8 percentage points on the previous 12-month period (year ending June 2024). The ‘Electricity Consumption and Renewable Generation in Northern Ireland: Year ending June 2025’, which published this week, details the percentage of electricity consumption in Northern Ireland generated from renewable sources and includes information on the type of renewable generation. Of all renewable electricity generated within Northern Ireland over the 12-month period 81.7 percent was generated from wind down from 82.3 percent the previous year. EUROPE Spain mandates ESG reporting The Government of Spain has presented its proposal for a State Pact to tackle the climate emergency, in which it reportedly plans to make carbon reporting mandatory. Royal Decree 214/2025, establishing new national carbon reporting framework, represents Spain's most ambitious corporate carbon reporting mandate to date, locally implementing key elements of the Corporate Sustainability Reporting Directive (CSRD). The regulation is to take immediately effect, with first reports due in the 2026 for 2025 emissions data. EU Parliament adopts simplifications to the EU carbon leakage instrument The EU Parliament has given its final green light to changes to the Carbon Border Adjustment Mechanism (CBAM). The changes, which are part of the Omnibus I simplification package presented on 26 February 2025, are part of simplification efforts to reduce the administrative burden for SMEs and occasional importers. A new threshold will exempt 90 percent of importers from the EU CBAM rules and procedures for imports covered by CBAM rules will also be simplified. The statement claims that climate ambition maintained as 99 percent of CO2 emissions from iron, steel, aluminium and cement imports will still be covered. WORLD ISO and GHG Protocol announce strategic partnership for emissions accounting The International Organization for Standardization (ISO) and Greenhouse Gas Protocol (GHG Protocol) have announced a landmark partnership to harmonize their existing portfolios of greenhouse gas (GHG) standards and to co-develop new standards for GHG emissions accounting and reporting. The partnership will produce a common global language for emissions accounting, which will accelerate progress towards decarbonisation. The partnership represents a fundamental shift toward integration and co-development, enabling users to rely on a coherent framework and reducing potential confusion in the market. More information about ISO is available at www.iso.org. More information about GHG Protocol is available at www.ghgprotocol.org. Resources from Chartered Accountants Ireland Sustainability-focused specialist qualifications Chartered Accountants Ireland has launched its Autumn/Winter programme offering, which includes the Certificate in Sustainability Strategy, Risk and Reporting (Starting 7 October). Technical updates The latest edition of the Technical Roundup 5 September from our Professional Accounting team contains updates from 1 July 2025, including a lengthy section on sustainability reporting, sustainability assurance, and sustainable finance. Resources The International Auditing and Assurance Standards Board is hosting a three-part global webinar series designed to assist sustainability assurance practitioners, firms, jurisdictional standard setters, and professional organizations as they adopt, implement, or apply International Standard on Sustainability Assurance (ISSA) 5000, General Requirements for Sustainability Assurance Engagements (ISSA 5000) Regulators, oversight bodies, and other stakeholders (e.g., preparers, those charged with governance or users of sustainability reporting) may also find these webinars helpful. The International Public Sector Accounting Standards Board (IPSASB) is offering up to six grants of $2,000 USD for research related to topics that can help IPSASB with its current and future projects including sustainability reporting. Interested parties should submit abstracts related to selected topics by September 15, 2025. Final selected papers will be due May 16, 2026 and papers will be presented at the 2026 Research Forum in partnership with the Comparative International Governmental Accounting Research (CIGAR) Network. Accounting for Sustainability (A4S) has issued a guide offering four peer-tested practical actions for pension fund chairs and trustees to get started on addressing nature risks. The insights are based on input from pension fund participants during an A4S pension deep dive session. We recommend reading this in conjunction with A4S’s Nature top tips for pension fund chairs and trustees. Articles What do shifting sustainability regulations mean for business? (EY) Resistance to regulatory rollback on nature laws (Business for Biodiversity Ireland) Events Chartered Accountants Ireland, Engage with EFRAG on the Revised ESRS consultation (ROI/NI) Are you ready to shape the future of ESG disclosures? Join Chartered Accountants Ireland for a virtual outreach event featuring EFRAG, as they dive into the Revised ESRS Exposure Drafts—with a special focus on preparers. 1 hour CPD. Virtual, 23 September, 11:30–13:30 Antaris Consulting in collaboration with The ESG Circle, Embedding Sustainability: From Global Agreements to Organisational Culture Fireside chat  with Dr. Matt Kennedy, tracing the journey from global climate diplomacy to boardroom decisions. Will discuss what embeds sustainability in organisational culture - governance moves, metrics that matter and the capabilities middle managers need; plus how to navigate the ESG backlash by speaking the language of resilience and risk. Matt Kennedy is Head of Client Transformation in IDA Ireland where he leads transformation initiatives with international business, including a portfolio of R&D, digital, sustainability and talent development offerings, and, among other things, was Lead Negotiator for the European Union at the UN Paris Agreement (COP21) negotiations. Virtual, Wednesday, September 24, 4.00-5.30 Centre for Advanced Sustainable Energy (CASE), The Northern Ireland Energy Summit Bringing together leaders from across the energy, infrastructure, business and policy landscape, the all-day conference will shine a light on how energy can help supercharge economic growth in Northern Ireland as we strive to meet ambitious climate targets. Key themes throughout the day will include connectivity and security of supply, alongside exploring the crucial role of communities in energy clusters and examining Northern Ireland’s unique agricultural proposition as an important enabler in the energy transition. In person, 8:30-16:30 Wednesday 24 September, International Convention Centre (ICC) Belfast. Dublin Chamber, Sustainability Academy Workshops This autumn, for the first time, all Sustainability Academy workshops will take place in person at Dublin Chamber, 7 Clare Street, Dublin 2. Dublin Chamber is offering a special rate of €420 for those who register for the full series of five workshops (normally €495). This includes a free one-hour tailored advisory consultation with a sustainability expert from Goodbody Clearstream. Whether you're new to sustainability or looking to build on existing knowledge, this series provides a structured way to learn what matters and apply it in your role. Venue: Dublin Chamber, 7 Clare Street, Dublin 2 Chartered Accountants Ireland, Western Society SDG week Brigit's Garden tour Sustainable Development Goals Week Ireland 2025 will unite communities and businesses in a nationwide effort to promote sustainability and environmental responsibility. We will mark the week with an interactive and engaging tour of Brigit's Garden finishing with a Brigit’s cross making demonstration and of course a coffee. Brigit‘s Garden is regarded as one of the most picturesque gardens of Ireland, set in 11 acres of beautiful grounds with many features to explore and delight in. In person, Saturday 27 September 2025 | 11:00am | Brigit's Garden, Roscahill, H91 CC90 Climate Cocktail Club, Climate Carnival Blending business, innovation, finance, music, activism and science for bold brave leadership, this pioneering two-day event for changemakers aims to inspire, entertain and explore radical and creative solutions to drive planetary impact now. In person, 29 – 30 September | Ballintubbert House, Ballintubbert House, Stradbally, Co. Laois, R14 E954. International Society of Sustainability Professionals Webinar: Driving Sustainable Change: Integrating Change Management for Positive Outcomes This webinar will delve into the critical role of change management in advancing sustainability initiatives. Participants will explore how effective change management strategies can lead to more impactful and lasting positive outcomes for both people and the planet. Through practical insights and real-world examples, this session aims to equip sustainability professionals with new knowledge and tools to drive meaningful change at multiple scales. Virtual, Tuesday, 30 September, 11:00 AM - 12:00 PM (EDT) Diversity Mark, Diversity Mark Annual Summit 2025 This event will explore how diversity and inclusion can drive sustainable business growth, gathering over 300 business leaders, executives, and inclusion advocates for a full-day programme featuring keynote speakers and breakout sessions. It aims to equip attendees with practical strategies to create more inclusive workplaces and foster meaningful change across sectors. In person, 8 October 2025, Titanic Belfast Accountancy Europe, Is the public sector sustainable? Find out about the latest developments to promote sustainability reporting alongside financial reporting in the public sector, the specific challenges facing the public sector, what can be learnt from experience in the private sector. Virtual, 8 October 2025, 14:30–16:00 CEST FTI Consulting, Women in Sustainability FTI Consulting is hosting its next women in sustainability networking event on 16 October. It's an evening get together for women in the sustainability space to connect and share insights. In person, 16 October, The Shelbourne Hotel An Taisce, Climate Action Week, 13 – 19 October 2025 Climate Action Week is Ireland’s largest pop-up climate festival and has been coordinated by An Taisce since 2017. On behalf of the Department of Climate, Energy and Environment the 9th festival will bring nationwide spaces that champion local planet protectors and welcome solution seekers to events that tackle the climate crisis in exciting and empowering ways. International Society of Sustainability Professionals Webinar: AI in Action: Practical Tools for Corporate Sustainability Impact Artificial Intelligence is rapidly transforming how organizations collect data, measure impact, and drive sustainability performance—but it can be difficult to separate the hype from the real-world applications. In this session, we’ll explore how corporate sustainability professionals can leverage AI to work smarter, not harder. Virtual, Wednesday, October 22, 2025, 11:00 AM - 12:00 PM (EDT) Ibec Networks Autumn Seminar Series, Session 4: The culture of sustainability innovation The final webinar in a four-part series Autumn Seminar Series ‘The culture equation’ looks at what supports are available to assist on a journey to becoming a more sustainable business. In the supporting case study from O'Brien's Fine Foods the webinar will discuss what drives a sustainability focused culture in an organisation. Virtual, Thursday 13 November, 11.00-11.50am Sustainability Centre You can find information, guidance and supports to understand sustainability and meet the challenges it presents in our online Sustainability Centre.

Sep 11, 2025
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Sustainability in the Action Plan on Competitiveness and Productivity

  The Department of Enterprise, Tourism and Employment has this week published an Action Plan on Competitiveness and Productivity, with 85 actions for enhancing Ireland’s competitiveness and productivity performance. Among the six themes into which these actions are grouped is “growing sustainable Irish businesses and boosting regional development”, under which are outlined the actions intended to support the development of a sustainable, resilient enterprise environment. The Action Plan is clear that decarbonisation and economic growth are not mutually exclusive, stating that “Our businesses, customers, workers, and the communities in which they are embedded, rightly expect that new industrial developments and successful Irish enterprises can and will operate in a manner consistent with the national objective of net zero emissions by 2050, and an ambitious trajectory of decarbonisation to that target.” As the broader trend toward sustainability expectations of companies is set to accelerate, it is encouraging to see the focus in the Action Plan on the alignment of sustainable Irish businesses with enterprise growth. Commenting, Susan Rossney, Institute Sustainability Advocacy Manager, said "Long term, organisations will only increase the alignment of their operations with global sustainability objectives. The Plan’s assertion that decarbonisation is not just an environmental imperative but a source of economic resilience, cost savings, and competitive advantage for industry and SMEs is one for which Chartered Accountants Ireland has advocated, and which we welcome in this Plan." Similarly, Chartered Accountants Ireland in its position paper Achieving Our Climate Goalshas called for the Government to support SMEs to embed sustainability in their operations; therefore, we welcome the Action Plan’s emphasis on the importance of independent advice and financial supports for SMEs in order to become more competitive and resilient through decarbonisation, while ensuring that the economic and commercial incentives for all businesses drive decarbonisation and the renewable energy revolution, with resilient employment and indigenous value creation over the medium term. We will continue to monitor the delivery of the elements in the implementation framework of the Plan, and to advocate for the clarity businesses and communities require to see plan translate to action.   

Sep 11, 2025
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Chartered Accountants Ireland reacts to Action Plan on Competitiveness and Productivity

Cróna Clohisey, Director of Members & Advocacy commented:  “Today’s Action Plan places a welcome emphasis on controlling what we can in a volatile global environment. It is encouraging to see the announcement of a ‘Red Tape Challenge’ to reduce regulation for SMEs. Combined with the existing SME Test, we hope to see reduced cost and regulatory burdens so businesses can spend more time innovating and creating jobs. Our research reinforces this urgency; 57% of SMEs surveyed by us this year identified regulatory compliance burdens as a key area in need of government support.  “The policy focus on examining options to boost the competitiveness of the R&D Tax Credit is crucial for ensuring that Ireland remains a top destination for innovation, attracting both domestic and international companies. The R&D tax credit regime critically requires enhancements for greater uptake and access for SMEs and we have called for these in the CCAB-I Pre-Budget Submission.   “The announcement of a National Artificial Intelligence Office reflects our longstanding view that AI is a powerful opportunity to reduce administrative burdens, enhance data driven decision making and bolster competitiveness. The NAIO will hopefully be a much-needed forum to shape the future landscape for business in Ireland. “While the direction of the Action Plan is welcome, as is a whole-of-Government commitment, delivery will be critical. The implementation framework with its broad timelines is a useful element of the plan, however businesses also need to see accountability and transparent implementation so that these policy objectives translate into progress on the ground.”  

Sep 10, 2025
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Sustainability/ESG Bulletin, Friday 29 August, 2025

    In this week’s Sustainability/ESG Bulletin read about a survey on the potential impacts of the US rollback of ESG regulations within Irish organisations, a landmark international investment in Ireland’s peatlands, the publication of Ireland’s first Sustainable Aviation Fuel Policy Roadmap, and the suspension of activities by the Net-Zero Banking Alliance. Also covered is new research quantifying the health impact of fossil-fuel pollution, and warnings from UN agencies about rising heat stress risks for workers, as well as the usual articles, resources and upcoming events.   IRELAND ESG momentum expected to accelerate despite regulatory shifts A survey carried out by the Compliance Institute, Ireland’s professional body for compliance professionals has found that 71 percent of financial services organisations in Ireland believe that the US rollback of ESG regulations will impact compliance within Irish organisations to varying degrees. However, Michael Kavanagh, CEO of the Compliance Institute has reportedly stated that the broader trend toward tougher sustainability expectations will only accelerate. The survey, which gathered insights from approximately 110 compliance experts working in financial services firms nationwide, also found that while more than half expect the impact to be ‘moderate’, a further 20 percent it will be “significant” and are anticipating major shifts in compliance expectations.   Landmark international investment in Ireland’s peatland In a what is being described as a landmark international investment in Ireland’s peatlands, global technology companies Meta, Microsoft, and Google have pledged more than €3 million to restore up to 450 hectares of degraded peatlands across Ireland. Peatlands, sometimes called Ireland’s ‘hidden giants’, store more carbon than all other vegetation types combined, filtering and regulating our water, and providing unique habitats for wildlife. When degraded, however, they become major emitters of greenhouse gases, making restoring them one of the most cost-effective ways to fight climate change while improving water quality and protecting biodiversity. The investment is backed by third-party verification under the Irish Peatland Standard, developed with the support of the European Investment Bank, NPWS, DAFM, DCEE, and partners across research and conservation. As well as providing long-term climate, water, and biodiversity benefits, the investment will also create additional benefits for local communities, including improved water quality and more resilient landscapes.   Ireland’s first Sustainable Aviation Fuel Policy Roadmap publishes Minister for Transport Darragh O’Brien has published Ireland’s first Sustainable Aviation Fuel (SAF) Policy Roadmap, as committed to under the Programme for Government. Sustainable Aviation Fuels (SAFs) are ‘drop in fuels’, blended with Conventional Aviation Fuel, and are compatible with existing aircraft and infrastructure. Their development and deployment will play a crucial role in helping Ireland reach its decarbonisation goals, and enable Ireland’s aviation industry to operate and develop in a sustainable manner. The Roadmap represents a first step in developing Ireland’s national SAF policy, identifying a number of actions which will be built upon in future iterations, and setting a path for future SAF policy development.   NORTHERN IRELAND/UK Annual award for UN Sustainable Development Goals-aligned project opens Businesses with a ready-to-scale project that can make a tangible impact in solving a major environmental challenge can now apply to the recently 2025 St Andrews Prize for the Environment. This annual award, which recognises outstanding projects addressing global environmental challenges, presents a significant opportunity for businesses committed to environmental sustainability to gain recognition and financial support to scale their impact. The winner will receive prize money of $95,000 (US dollars) and the runners-up will receive $20,000. Projects should align with the UN Sustainable Development Goals and should provide opportunities for learning and inspiration – both by educating those working in the field and by motivating the next generation of environmental leaders. The closing date for entries is midday on Monday 15 September.   EUROPE Landmark decision against greenwashing In a landmark decision against greenwashing, a German court has reportedly ruled that Apple can no longer advertise its Apple Watch as a ‘CO2-neutral product’ in Germany. The court ruled that the company’s carbon offset project of planting eucalyptus trees in Paraguay is unreliable and ecologically flawed, and that the company had misled consumers. The ruling signals a stricter regulatory climate where unverifiable offset use becomes a direct legal and reputational liability.   WORLD World’s largest climate coalition for banks pauses ongoing activities The Net-Zero Banking Alliance, once the world’s largest climate coalition for banks, has paused its ongoing activities and proposed dissolving its current structure after losing members globally. Once backed by major banks committed to net-zero emissions by 2050, the group is now nearly absent in North America and declining in Japan, Australia, and Europe. Remaining members are being asked to vote on its future with the outcome of the vote to be shared at the end of September. Critics say the alliance failed to challenge banks’ fossil fuel-driven business models, although some commentators have stated that such alliances play a vital role in promoting financial stability in the face of climate risk, advancing good practices in green finance, and accelerating an orderly transition.   New research quantifies health impact of fossil-fuel pollution New research carried out by University College London and the Stockholm Environment Institute (SEI) has been the first to comprehensively quantify the health impacts of outdoor air pollution across all stages of the US oil and gas lifecycle, from extraction to end-use (cars, power plants), as well as to analyse the associated racial and ethnic disparities in exposure and health burden. In addition, the researchers found that 10,350 pre-term births and 216,000 new cases of childhood asthma per year were attributable to oil and gas air pollution, as well as 1,610 lifetime cancers across the US.   UN agencies warn of rising heat stress risks for workers worldwide The World Health Organization (WHO) and World Meteorological Organization (WMO) have warned that extreme heat is fast becoming one of the biggest threats to workers’ health and livelihoods. Findings a report detailing how extreme heat is reshaping the world of work, include that worker productivity drops by 2 to 3 per cent for every degree above 20°C.  Commenting, Ko Barrett, WMO Deputy Secretary-General, said that “Occupational heat stress has become a global societal challenge, which is no longer confined to countries located close to the equator – as highlighted by the recent heatwave in Europe…Protection of workers from extreme heat is not just a health imperative but an economic necessity.” Resources from Chartered Accountants Ireland SMEs and Small/Medium Practices Sustainability Workshop (ROI/NI) Chartered Accountants Ireland is delighted to announce it is once again running its sustainability workshop for small/medium enterprises (SMEs) and accounting practices. This interactive half-day session will focus on positive actions you can take to make your business or practice more sustainable, and help your clients to do the same. Aimed at SME owner-managers and accountants in small/medium practices, and consultants, the webinar will cover sustainability basics, green public procurement, access to sustainable finance, how to make your business or practice more sustainable to save costs and respond to stakeholder demands, and grant funding available to SMEs. The workshop will be delivered via Zoom on 12 September from 09.30- 12.30. Full details, including the booking page and CPD hours, are on the Chartered Accountants Ireland CPD calendar. Sustainability-focused specialist qualifications Chartered Accountants Ireland has launched its Autumn/Winter programme offering, which includes sustainability-focused Specialist Qualifications: Diploma in Sustainability Reporting (Starting 25 September) Diploma in Auditing and Assuring Sustainability Reporting (Starting 25 September) Certificate in Sustainability Strategy, Risk and Reporting (Starting 7 October) Did you know? There has been an energy revolution in Pakistan with a significant upsurge in people installing solar panels, with solar imports reportedly tripling in 2024. The boom has reportedly resulted partly from an overabundance of solar panels availablefrom China, which has been increasing its production of solar technology, and, according to climate activist Bill McKibben, “a cascade of TikTok videos with … all of DIY pioneers showing how to hook the gear together”.  Separately experiments put solar panels between train tracks are underway in India, where the solar industry is forecast to become second in size only to China’s by the mid-2030s. In the UK, solar power generation in Britain has already surpassed the total for 2024 according to the Financial Times which has reported that more than 14 terawatt hours of electricity have been produced as of 16 August. Articles Irish-owned firms trailing ISEQ20 gender balance, B4BB report finds (Irish Examiner) City AM: Female CFOs generate greater returns for investors (City AM) Central Bank ‘determined’ to back climate action even as EU watchdog hits brake on ESG rules (Business Post) Over 11,000 companies set science-based climate targets (Sustainable Views  - Sub needed) EU wildfires worst on record as burning season continues (The Guardian) Don’t let Donald Trump undermine your faith in the climate fight (The Guardian) From Kyiv to the Suwałki Gap, bogs return as Europe’s defensive shield - Restoring the EU’s drained bogs would stop both Russian tanks and planet-warming pollution (Politico.ie) California disclosure law will serve as a catalyst for corporate reflection and action (Sustainable views – sub needed) Temperature Neutrality vs. Climate Neutrality: Unravelling the Academic Debate In Ireland  (All Ireland Sustainability) Global plastics treaty talks collapse, and other nature and climate news (World Economic Forum) Events Business in the Community, Accredited carbon literacy training This Accredited Carbon Literacy Training session event is hosted by Business in the Community Northern Ireland, and aims to equip participants with the knowledge and skills to understand and act on climate change, helping organizations reduce their carbon footprint. The training is certified and designed to support sustainability leadership across sectors.  In person, Wednesday, 3 September 9:00 - 17:00, Craigavon Civic Centre, 66 Lakeview Rd, Craigavon BT64 1AL   ICAEW, Sustainability in Practice A morning of expert-led discussion, practical exercises, and peer learning—all focused on helping you build and deliver impactful sustainability services. In person, 3 September, 8.30-12.00, Chartered Accountant Hall, Moorgate Place, London, EC2R6EA   UN Global Compact Network, EU Sustainability Navigator Session 3 - Business Action Amid Uncertainty: EU Sustainability Insights During this session, sustainability experts will explore the latest EU policy shifts — clarifying common misinterpretations, outlining ways to ensure corporate action, impact and ambition remain high, and placing these debates within the wider global sustainability landscape. Join us to hear the latest on ongoing negotiations, to explore how EU sustainability policy discussions align with and respond to wider global political and economic shifts and how companies can lead, engage, and stay ahead in a fast-evolving policy landscape. Virtual, Thursday 4 September at 15:00   UN Global Compact, UN Women, Women's Empowerment Principles 101 Hosted by the UN Global Compact and in collaboration with UN Women, this webinar will provide an overview of the Women’s Empowerment Principles (WEPs) and how the WEPs provide a strong framework for companies to advance gender equality in the workplace, marketplace and community. Speakers will also provide practical guidance for implementation and insights into the benefits of advancing gender equality in business practices. Participants will have the opportunity to engage with experts and learn best practices to support women’s empowerment initiatives within their organizations. Virtual, Wednesday 10 September at 14.00   Carbon Tracker, Awaiting Take-Off: Why Aviation’s Net Zero Plan Still Doesn’t Fly Despite growing adoption of sustainable aviation fuels (SAF), the sector remains off-track for Paris alignment—under-investing in zero-emission aircraft (ZEA) and relying on technologies with questionable scalability. Hear from leading voices in policy, finance, and industry, including* Lord Deben, ZeroAvia, Columbia Threadneedle, and Systemiq. Virtual, Friday 12 September at 14.00-15.00     UN Global Compact (Swiss Network) Managing Risks in Supply Chains: Does High Quality Equal Compliance? The case of surgical goods made by children This is the third and last session of our three-part webinar series on 'Managing Risks in Supply Chains: A Series for Data-Driven Action'. This last session focuses on the case of surgical goods made by children. Are high-quality goods more likely to be produced in high-quality facilities? The value chain of surgical instruments proves otherwise. Children can be found grinding "Made in Germany" scalpels in informal sector workshops in Pakistan. Worse, this situation has been repeatedly exposed over three decades. What can companies learn from this case and how can public and private procurement and sourcing professionals avoid similar risks?  Webinar, 18 September 2025 | 12:30-14:00   Dublin Chamber, Sustainability Academy Workshops This autumn, for the first time, all Sustainability Academy workshops will take place in person at Dublin Chamber, 7 Clare Street, Dublin 2. Dublin Chamber is offering a special rate of €420 for those who register for the full series of five workshops (normally €495). This includes a free one-hour tailored advisory consultation with a sustainability expert from Goodbody Clearstream. Whether you're new to sustainability or looking to build on existing knowledge, this series provides a structured way to learn what matters and apply it in your role. Venue: Dublin Chamber, 7 Clare Street, Dublin 2 Sustainability 101 – ESG in Practice, Thursday 25 September, 9am-1pm Environmental Strategy Bootcamp – Carbon Footprint & Decarbonisation, Wednesday 8 October, 9am -1pm Strategic Sustainability Leadership, Wednesday 5 November, 9am -1pm Sustainable Business Practices – Strengthening Customer Connections, Wednesday 26 November, Time: 9am -1pm Internal Sustainability Integration – Building a Sustainable Workplace Culture, Thursday 4 December, Time: 9am -1pm   Climate Cocktail Club, Climate Carnival Blending business, innovation, finance, music, activism and science for bold brave leadership, this pioneering two-day event for changemakers aims to inspire, entertain and explore radical and creative solutions to drive planetary impact now. In person, 29 – 30 Sept | Ballintubbert House, Ballintubbert House, Stradbally, Co. Laois, R14 E954.   Diversity Mark, Diversity Mark Annual Summit 2025 This event will explore how diversity and inclusion can drive sustainable business growth, gathering over 300 business leaders, executives, and inclusion advocates for a full-day programme featuring keynote speakers and breakout sessions. It aims to equip attendees with practical strategies to create more inclusive workplaces and foster meaningful change across sectors. In person, 8 October 2025, Titanic Belfast   An Taisce, Climate Action Week Climate Action Week is Ireland’s largest pop-up climate festival, and has been coordinated by An Taisce since 2017. On behalf of the Department of Climate, Energy and Environment the 9th festival will bring nationwide spaces that champion local planet protectors and welcome solution seekers to events that tackle the climate crisis in exciting and empowering ways. 13 – 19 October 2025 Sustainability Centre You can find information, guidance and supports to understand sustainability and meet the challenges it presents in our online Sustainability Centre.  

Aug 28, 2025
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Public Policy
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Publication of the Government's Action Plan to Support Market Diversification

Earlier this week, the Government published its Action Plan to Support Market Diversification. With Irish businesses facing the unprecedented trading challenges posed by US tariffs, the plan’s scope, with more than 100 actions, certainly reflects the scale of the task ahead and the need for a coordinated national response. The plan also signals a re-commitment of policy focus toward supporting indigenous enterprise, something this Institute is strongly in favour of. With two-thirds of our almost 40,000 members working in business, many are directly engaged with Ireland’s SMEs. While foreign direct investment continues to constitute a key part of Ireland’s economic mix, these home-grown businesses (particularly SMEs) form the backbone of the Irish economy. Ensuring they are equipped to diversify, innovate, and compete internationally should rightly now be a primary policy objective.   In this regard, the plan’s commitment to “deepen agency support for companies seeking to diversify their export markets” and “cultivate new market opportunities, both within the EU and globally” will be welcome news to aspirant businesses seeking to extend their reach beyond the domestic trading space. Moreover, the establishment of a new “Market Diversification and Resilience Fund” will provide targeted assistance to both indigenous and multinational businesses most impacted by the trade difficulties brought about by tariffs. By next year, a new Trade and Investment Strategy will be published which will reflect these new approaches and position Ireland globally for the challenges of the future. For the action plan to succeed meaningfully, supports must be designed with accessibility in mind. Chartered Accountants Ireland’s May 2025 SME Business Sentiment Survey conducted with GRID Finance highlighted how many SMEs find existing Government supports either too time- or resource-intensive to access, leading to lower than anticipated levels of uptake. While the breadth of supports is positive, further steps need to be taken to ensure that business reliefs are not overly complex or difficult to claim. Simplifying application processes and reducing administrative burdens will be key to ensuring that any new supports reach the businesses that need them most. The action plan also speaks to an intention to fast-track visa options to allow for quicker entries of skilled workers needed in high-demand sectors. Talent is a critical driver of competitiveness, and faster entry routes will be welcomed across many industries, including the accountancy profession. Chartered Accountants, already included on the Government’s Critical Skills List, are among the most in-demand professionals whose expertise will be essential to guiding businesses through the current uncertain landscape. Our research consistently shows that in times of economic uncertainty, Chartered Accountants are heavily relied upon to help businesses navigate crises. We fulfilled this important role as trusted business leaders during the Brexit transition, the COVID-19 pandemic, and more recently, during the cost-of-living crisis. Any new fast-track visa scheme should therefore reflect the importance of Chartered Accountants alongside other in-demand skills. Overall, this week’s announcement represents a positive, whole-of-Government approach toward safeguarding Ireland’s economic resilience. The challenge now is to ensure that ambition translates into action, and that the supports offered are not only comprehensive, but also genuinely accessible and impactful for the businesses that rely on them. We will continue to analyse the detail coming out of the action plan, keeping members informed of further developments and ensuring your interests are represented.

Aug 25, 2025
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