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Building the Environmental Omnibus – the European Commission’s July 22 Call for Evidence

Earlier in the week, we posted that the European Commission would soon be launching an environmental call for evidence, as a step towards the introduction of an environmental omnibus simplification proposal. That call for...more

Seeing the Forest for the Trees: Further Changes to the EU Deforestation Regulation are Likely

The EU Deforestation Regulation (EUDR) covers cattle, cocoa, coffee, oil palm, rubber, soy(a) and wood, as well as many derived products. The Regulation is currently scheduled to apply to operators and traders beginning at...more

Five Takeaways from CARB’s July 9 FAQs on California’s New Corporate Climate Disclosure Requirements

The California Air Resources Board (CARB) has published seven pages of FAQs on California’s corporate greenhouse gas reporting and climate-related financial risk disclosure programs. These disclosure requirements are...more

European Commission Significantly Cuts Back Taxonomy Reporting – A Look at the July 4 Delegated Regulation

While we in the US were celebrating Independence Day, large companies – including many US-based multinationals – were given their own reason to celebrate. On July 4, the European Commission adopted a Delegated Regulation...more

South Korea Re-enters the Race for Asia’s First Mandatory Human Rights Due Diligence Law

On June 13, Representative Jung Tae-ho re-introduced the “Legislative Bill for the Act on the Protection of Human Rights and the Environment for Sustainable Business Management,” also known as the Corporate Human Rights and...more

New York City Pension Funds Double Down on Decarbonization – New Expectations Will Impact Managers and Their Portfolio Companies

Over the last few months, most of the attention in the climate space in the U.S. has been on the dramatic, and expected, shift in federal government policy. However, some “blue state” officials continue to seek to advance...more

Omnibus Simplification of the European Sustainability Reporting Standards Gains Momentum – An In-depth Look at the EFRAG Work Plan...

On April 25, EFRAG officially submitted to the European Commission its adopted work plan for the simplification of the European Sustainability Reporting Standards (ESRS). The ESRS contain the reporting requirements under the...more

Germany to Jettison the Supply Chain Due Diligence Act

Germany’s incoming coalition government has announced plans to repeal the German Supply Chain Due Diligence Act (LkSG). This decision, which was expected based on prior public statements, was included in the 144 page...more

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