On 25 June 2025, the UK Department for Business and Trade published a consultation on the exposure draft of the UK Sustainability Reporting Standards: UK SRS S1 and UK SRS S2. The consultation seeks views on draft UK...more
EU Omnibus updates and dates for your diary: With negotiations continuing at both European Parliament and Council of the European Union level, final agreement on the omnibus proposals for sustainability reporting and due...more
7/7/2025
/ Climate Change ,
Corporate Governance ,
Disclosure Requirements ,
Environmental Policies ,
Environmental Social & Governance (ESG) ,
EU ,
Financial Regulatory Reform ,
Regulatory Reform ,
Reporting Requirements ,
Sustainability ,
UK
We review 2024 developments and thought leadership in transition planning and transition finance. We reflect on the progress made in 2024 following the Transition Plan Taskforce’s publication of its Disclosure Framework in...more
The drive to simplify and increase competitiveness in the European Union continues apace. Member States have started to implement the “stop-the-clock” directive, the Commission has signalled an intent to provide some limited...more
6/3/2025
/ Climate Change ,
Corporate Sustainability Reporting Directive (CSRD) ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
Popular ,
Regulatory Reform ,
Regulatory Requirements ,
Reporting Requirements ,
Sustainability ,
UK
Climate change and digital innovation are two of the most defining forces shaping the future of global finance and indeed the future of humankind. As blockchain technology, tokenization, and AI continue to evolve at pace, we...more
This month, we bring you a number of updates on the EU omnibus simplification package, including the ‘Stop-the-Clock’ directive entering into force delaying the application of CSRD and CSDDD and a formal complaint against the...more
On 29 January 2025, the EU Commission published a Competitiveness Compass for the EU. President of the European Commission, Ursula von der Leyen, announced that Europe must fix its weaknesses (alluding the a persistent gap in...more
2024 was set to be the year of review for the Sustainable Finance Disclosure Regulation (SFDR). A number of different approaches have been suggested by the European Commission, national competent authorities and other...more
The Transition Finance Market Review (TFMR) recommendations published in October 2024 set out a blueprint for a transition finance market that will provide capital to support decarbonisation pathways and bolster finance flows...more
On 14 November 2024, the UK government published its consultation response and draft legislation proposals to regulate ESG ratings providers. Entities providing ESG ratings (however named) which are likely to influence...more
On 14 November 2024, the Chancellor, Rachel Reeves, set out a number of significant developments in connection with sustainable finance in her Mansion House speech and in related publications. We saw the long awaited...more
The New Collective Quantified Goal (NCQG) (finance to support developing countries to meet climate transition and adaptation goals) was set at $300 billion. Countries reached an agreement on carbon market standards under...more
On 3 October 2024, the G20 Environment and Climate Sustainability Working Group released a Ministerial Declaration reaffirming its commitment to tackle climate change. The Ministerial Declaration focuses on four key areas...more
With the deadline to transpose the requirements of the Corporate Sustainability Reporting Directive (EU) 2022/2464 (CSRD) into national law expiring on 6 July 2024, we have reviewed and summarised the transposition status for...more
This month, amidst the Labour party conference in the UK, we have seen a number of policy initiatives communicated via speeches and followed up with official government announcements, for example announcing the upcoming...more
Although we might have expected a complete lull over the Summer, there has still been activity in the ESG regulatory world. In the UK, we have seen a continuation of the work on the sustainable disclosure requirements regime...more
June 2024 was another busy month for ESG regulation both in the EU and internationally. In the EU, the ESAs have published their final reports on greenwashing in the financial services sector and an opinion on the assessment...more
Three rulings of the European Court of Human Rights given on 9 April 2024 have set the global tone for climate protection actions before national courts. The Court found that Article 8 of the European Convention on Human...more
After dramatically protracted negotiations at COP28, some have been left disappointed but transformational agreements were made that will impact businesses around the world. We’ve collected the key issues and takeaways from...more
Just as the financial community is getting to grips with TCFD, TNFD has arrived. TNFD provides a framework for disclosure of nature-related financial information – the ways in which nature risks might impact a business, its...more
Hogan Lovells and the City of London are delighted to present this joint report on international climate action forums and the pivotal roles that they play in shaping climate policies and sustainable finance strategies...more
Just as the financial community is getting to grips with TCFD, TNFD has arrived. TNFD provides a framework for disclosure of nature-related financial information – the ways in which nature risks might impact a business, its...more
The submission window on a second Australian government consultation paper on climate change disclosure closed on 21 July 2023. Climate-related disclosure obligations look set to be introduced in three phases from 2024...more
In this article, we take a look at the UK TCFD-aligned climate-related financial disclosures (contained in the Companies Act, the UK Listing Rules and the FCA’s ESG Sourcebook) and what organisations need to know to comply...more
Last week Sharon Lewis, Arwen Handley, Rita Hunter, Bryony Widdup and Emily Julier shared a wonderful evening in London with select clients in conversation on ESG-related topics. The roundtable discussion was enjoyable and...more