Sustainability Policies on Carbon Footprint: Implications for the Romanian Business Sector

Abstract

In the context of increasing climate change concerns and the transition to a sustainable economy, European policies on reducing carbon emissions have become a central element of business regulation. By introducing tools such as sustainability reporting, green taxonomy and carbon adjustment mechanisms, the European Union aims to increase transparency and empower companies in terms of their impact on the environment. The current article examines the main sustainability policies on the carbon footprint, highlighting their implications on the business environment in Romania. The analysis underlines that while direct obligations are mainly targeted at large companies, the effects of these regulations extend indirectly to the entire value chain, influencing economic strategies, trade relations and long-term competitiveness. CZU: [502.131.1:504.03]:504.06(498); JEL: M41, Q56, Q58