Companies subject to CSRD have to report their impact according to ESRS. It helps consumers, policymakers, investors and other stakeholders to evaluate the impact of companies on people and the environment and for investors to assess financial risks and opportunities arising from climate change and other sustainability issues.

The RED III includes a binding target to achieve at least 42.5% of renewable energy in total energy consumption by 2030. Fuel suppliers provide sufficient quantities of alternative marine fuels that are made available on the market at an affordable price.

A new emission trading system coming into effect in 2027, complementing the previous version of ETS and the European Green Deal. ETS 2 cap will be set to bring emissions down by 62% by 2030 compared to 2005 levels.

Inland vessels must have a mandatory label on their environmental impact considering factors like CO2, NOx, SOx, and PM emissions. Entire inland shipping fleet average label B in 2030.

EU member states have to become climate neutral by 2050. The law sets the intermediate target of reducing net greenhouse gas emissions by at least 55% by 2030, compared to 1990 levels. Climate neutrality is about cutting emissions, investing in green technologies and protecting the natural environment. Achieving this goal will be a commitment for aiming negative emissions after 2050.