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EU’s Sustainable Investing Taxonomy to Include Gas and Nuclear Sector Products – EU Parliament Vote

The European Parliament has rejected a motion to remove gas and nuclear investment products from the EU’s sustainable investment taxonomy, surprising many who consider their inclusion to be greenwashing. This article...more

The Emerging Role of a Sustainability Coordinator in Leveraged Finance Transactions – A Brief Update

As we noted previously, against the backdrop of the European Green Deal and related sustainable finance initiatives, environmental, social and governance (ESG) factors are increasingly being incorporated into loan and...more

The European Commission’s Proposed Directive 2022/0051

On February 23, the European Commission (the “Commission”) proposed a Directive intended to extend the standards of due diligence performed by large companies with business operations in the European Union (EU) (the...more

Developments in Emissions Trading in the U.K. and EU

As the delegates of the 26th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC) (COP26) return from two hard weeks in Glasgow, significant progress has been made on establishing...more

UK’s Post Brexit Emissions Trading Scheme Goes Live

As a consequence of Brexit, the United Kingdom also left the European Union Emissions Trading System (EU ETS). The U.K.’s replacement cap and trade program, the U.K. Emissions Trading Scheme (U.K. ETS), went live on Wednesday...more

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