What the Inflation Reduction Act Means for ESG and Sustainability

FREE ESG INSIGHTS

What the Inflation Reduction Act Means for ESG and Sustainability

Government handing out money for ESG and sustainability

Sustainability professionals, climate activists, and economists alike are calling it the biggest climate legislation in American history – and for good reason.

For some companies, it’s a windfall. For others, it’s a wake-up call that ESG and sustainability can actually put money in their pockets.

The Inflation Reduction Act (IRA) will pour $369 billion in subsidies and tax credits into electric vehicles, renewable energy, carbon capture and storage, and more.

With this, the IRA is projected to reduce total U.S. greenhouse gas emissions 40% by 2030, putting the United States back in shooting distance of its Paris Climate Agreement emissions reduction goals.

Learn more about its provisions and whether ir not you may qualify for cash or tax credits in this free whitepaper.

It outlines the key takeaways of the IRA for corporations and investors as it relates to ESG and Sustainability, including:

Tax credits for renewable energy
Funding for high-carbon industries
Funding for GHG Emissions Reporting
Grants for Climate Resilience and Adaptation

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