Hydrogen Economy Drivers and Barriers: Sustainability Reporting Standards as Drivers for the Hydrogen Economy
The second Drivers and Barriers report about sustainability reporting standards as drivers for hydrogen economy has now been published. This driver was identified in the BalticSeaH2 External Advisory Board meeting in September as Erkki Liikanen, Chair of the IFRS Foundation Trustees, highlighted it in his guest presentation.
As companies must report their sustainability efforts in a standardized way, it can encourage working towards carbon emission reductions by implementing green hydrogen solutions. With robust sustainability reporting, hydrogen economy actors can demonstrate their contributions to carbon neutrality, appeal to ESG investors, and secure the funding needed to scale their operations.
As these standards take effect, they will enhance transparency, reduce risks, and promote investments in sustainable projects, solidifying hydrogen’s role in the global green transition.