On 12 April, the European Supervisory Authorities (ESMA, EBA, and EIOPA1) published a Consultation Paper proposing amendments to the European Commission’s Regulatory Technical Standards that implement Europe’s comparativelyContinue Reading SFDR Update: European Regulators Issue New Consultation & European Commission Provides New Guidance
The European Parliament (Parliament) enacted significant change to the proposed European Union (EU) Regulation for a Carbon Border Adjustment Mechanism (CBAM) in June 2022, as reported in an earlier GT…Continue Reading CBAM on Track to Take Effect in October 2023
Some institutional investors, like pension funds, have insisted that their portfolio only include stock in corporations with high ESG ratings. That, of course, has led corporations to look for ways meet that investor demand.
Continue Reading Clients: How Risky Is a Shift in Your ESG Approach?
EU law requires certain large companies to disclose non-financial information on the way they operate and manage social and environmental challenges. The current disclosure regime was introduced in 2014 by…Continue Reading EU to Make Changes to Its Sustainability Reporting Rules and Impose New Obligations on Non-European Companies
On Jan. 5, Mr. Mohammed Chamin – a Member of the European Parliament and the “rapporteur” on the proposed Carbon Border Adjustment Mechanism (CBAM) in the Parliament’s Committee on Environment,…
Continue Reading Possible Amendments to EU Proposed Carbon Border Adjustment Mechanism
On the heels of Gov. Kathy Hochul’s State of the State address, in which she endorsed a suite of progressive environmental policies including product stewardship laws governing the paper and…
Continue Reading Environmental Sustainability Is Fashionable, But New Bill Presents Hurdles to Industry
Never has there been such global consensus on the requirement to reduce greenhouse gas (GHG) emissions. There is rarely a single day without media reports of the current climate consequences…
Continue Reading Batteries Not Included: Challenges and Opportunities for Electric Vehicles and Decarbonisation in the United Kingdom
Environmental risks are often difficult to quantify and liabilities can be substantial. In addition, there is the risk of regulatory action in the event of a violation of environmental law.
Continue Reading Environmental Issues in Corporate Transactions: The Netherlands
There is a global trend to move capital to more sustainable economic activities. To ensure that capital is moved to the desired activities, several questions arise:
- What is sustainable?