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The Climate Report | Fourth Quarter 2024

New ESG regulations are expected to have a significant impact on disclosure and governance obligations for EU and non-EU companies alike, including extensive sustainability reporting and due diligence requirements on...more

Rescheduling of the EU Deforestation Regulation and New Guidance Documents

On October 2, 2024, the European Commission (the "Commission") proposed an extra 12 months of phasing-in time for the application of the EU Deforestation Regulation ("EUDR"), one of the EU's measures to combat climate change....more

The Challenges Faced in the Implementation of the EU Deforestation Regulation

Regulation (EU) 2023/1115 of May 31, 2023 (the "Deforestation Regulation" or "EUDR") aims to reduce the EU's role in cutting down woodlands and thereby to limit the impact of deforestation on greenhouse gas emissions....more

European Institutions Reach Deal on EU Corporate Sustainability Due Diligence Directive

The Council of Europe and the European Parliament announced on December 14, 2023, that they reached a political agreement on the text of the upcoming European Union ("EU") Corporate Sustainability Due Diligence Directive...more

Mandatory Climate Change Reporting Requirements Under the New European ESRS E1

Companies within the scope of the Directive (EU) 2022/2464 of the European Parliament and of the Council of 14 December 2022 amending Regulation (EU) No 537/2014, Directive 2004/109/EC, Directive 2006/43/EC and Directive...more

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