India approves financing of R$12 billion to develop green hydrogen

The European Union (EU) has become the first major economy to legislate a 'green tariff' on imports, to be levied on goods produced with high carbon dioxide (CO2) emissions. The Carbon Border Adjustment Mechanism (CBAM) means that countries that fail to green their industries will soon face a new threat: an effective carbon tax that will penalize those hoping to profit from high-carbon activities. The system will initially be applied to iron and steel, cement, fertilizers, aluminum, electricity, hydrogen and some chemical products. But do you know what this 'green tariff' means? How can it force corporations to adapt to a more sustainable production process?

According to data from Google Trends, searches for the term ESG have increased 10 times in the last two years. This indicator reflects the increasing popularity of the acronym in the lives of companies and consumers, who want to discover the positioning and reputation of the brands they consume. This means a greater search for detailed information on how institutions relate to the environment, deal with social issues and ensure responsible management. You may have already heard of ESG, but do you know what the acronym means?