The first U.K.-EU summit since Brexit was held in London on May 19, 2025 to reset the relationship for greater mutual benefit. An ambitious Strategic Partnership was agreed to drive progress on a renewed agenda for EU-U.K....more
5/23/2025
/ Clean Energy ,
Climate Change ,
Defense Sector ,
Energy Policy ,
Energy Sector ,
EU ,
International Trade ,
Net Zero ,
Popular ,
Sustainability ,
UK
The European Commission formally adopted its proposals for amending the Corporate Sustainability Reporting Directive (“CSRD”) in late February 2025, as part of its highly anticipated sustainability Omnibus package. In this...more
3/10/2025
/ Climate Change ,
Corporate Governance ,
Corporate Social Responsibility ,
Corporate Sustainability Reporting Directive (CSRD) ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
Regulatory Requirements ,
Reporting Requirements ,
Sustainability
At COP29 in Baku, new rules were adopted for carbon markets under Article 6 of the Paris Agreement. These rules are meant to increase the transparency of the country-to-country trading of carbon credits under Article 6.2....more
2/28/2025
/ Carbon Emissions ,
CFTC ,
Climate Change ,
Compliance ,
Enforcement Actions ,
Environmental Policies ,
EU ,
Germany ,
Greenhouse Gas Emissions ,
Popular ,
Sustainability
More competitiveness, more coherence and less administrative burden – these are key political priorities for the new European Commission (the Commission) which took office last December. One of the earliest moves under the...more
1/17/2025
/ Climate Change ,
Corporate Governance ,
Corporate Social Responsibility ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
EU ,
Regulatory Agenda ,
Regulatory Reform ,
Reporting Requirements ,
Sustainability ,
Sustainable Business Practices
This is an update to previous bulletins on the Corporate Sustainability Due Diligence Directive (CS3D) which we published in June and September 2024.
In a decisive move that marks a new chapter for corporate...more
12/17/2024
/ Climate Change ,
Corporate Governance ,
Corporate Social Responsibility ,
Disclosure Requirements ,
Due Diligence ,
Environmental Social & Governance (ESG) ,
EU ,
EU Directive ,
Member State ,
Reporting Requirements ,
Sustainability ,
Sustainable Business Practices
In this article, we provide an overview of country-led and private sector-driven key developments surrounding the recent United Nations Biodiversity Conference (COP16). The world is progressively recognizing that biodiversity...more
11/15/2024
/ Biodiversity ,
Climate Change ,
Contaminated Properties ,
COP ,
Corporate Governance ,
Disclosure Requirements ,
Environmental Policies ,
Environmental Social & Governance (ESG) ,
EU ,
Private Equity ,
Regulatory Agenda ,
Sustainable Finance ,
Transparency ,
UK ,
United Nations
We were delighted to host the U.K. Transition Finance Market Review’s (TFMR) flagship event at New York Climate Week, in partnership with the City of London Corporation who host the TFMR secretariat. The session offered a...more
How to accelerate the transition to a sustainable economy is a hot regulatory topic for most major economies around the world – and is set to continue ascending the agenda in the years to come. As sustainability-related...more
3/7/2024
/ Asia Pacific ,
Capital Markets ,
Carbon Capture and Sequestration ,
Climate Change ,
Corporate Governance ,
Disclosure Requirements ,
Economic Reform ,
Environmental Social & Governance (ESG) ,
EU ,
Extraterritoriality Rules ,
Financial Institutions ,
Financial Services Industry ,
Global Market ,
Investment ,
Investors ,
Middle East ,
Net Zero ,
Regulatory Agenda ,
Regulatory Requirements ,
Reporting Requirements ,
Sustainability ,
Taxonomy ,
UK ,
United States
Last year, we wrote about ClientEarth’s application to the High Court of England and Wales for permission to bring a judicial review claim, alleging that the UK Financial Conduct Authority (FCA) unlawfully approved the IPO...more
1/18/2024
/ Capital Markets ,
Climate Change ,
Corporate Governance ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
EU ,
Financial Conduct Authority (FCA) ,
Initial Public Offering (IPO) ,
Judicial Review ,
Sustainability ,
UK
The Financial Conduct Authority’s (FCA) new package of sustainability disclosure requirements (SDR) and investment labelling rules is a key pillar of the UK government’s efforts to introduce an economy-wide SDR regime. All...more
12/20/2023
/ Climate Change ,
Corporate Governance ,
Corporate Social Responsibility ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
EU ,
Financial Conduct Authority (FCA) ,
Financial Regulatory Reform ,
Greenwashing ,
Reporting Requirements ,
Sustainability ,
Sustainable Business Practices ,
UK
As the aviation industry pins its hopes on sustainable aviation fuel (SAF) to achieve Net Zero carbon emissions by 2050, Joe Clinton, Matthew Townsend, Richard Chamberlain and Ying-Peng Chin outline the regulatory, investment...more
11/29/2023
/ Aircraft ,
Airlines ,
Aviation Industry ,
Biofuel ,
Carbon Emissions ,
Climate Change ,
EU ,
Middle East ,
Net Zero ,
Popular ,
Renewable Fuel ,
Sustainability ,
Transportation Industry ,
UK
The just transition ambition is grounded in a desire to meet global climate targets, while ensuring improved social and economic outcomes. Global cooperation will be necessary to deliver a just transition but, as...more
The UK Competition and Markets Authority (CMA) has published its final Green Agreements Guidance on how UK antitrust rules apply to green cooperation agreements between competitors (UK Green Guidance).
The UK Green Guidance...more
10/19/2023
/ Antitrust Division ,
Antitrust Provisions ,
Climate Change ,
Competition ,
Environmental Social & Governance (ESG) ,
EU ,
New Guidance ,
Popular ,
Sustainability ,
UK ,
UK Competition and Markets Authority (CMA)
The EU Regulation establishing a carbon border adjustment mechanism (CBAM) is designed to drive businesses to achieve a true global reduction in greenhouse gas (GHG) emissions instead of relocating carbon-intensive production...more
10/3/2023
/ Carbon Emissions ,
Climate Change ,
Cross-Border Transactions ,
Environmental Social & Governance (ESG) ,
EU ,
Greenhouse Gas Emissions ,
Importers ,
International Trade ,
New Regulations ,
Regulatory Reform ,
Regulatory Requirements ,
Taxation
ClientEarth (an environmental charity) is challenging a decision by the UK Financial Conduct Authority (the FCA) to approve a prospectus of an energy company on the basis that it contains inadequate climate-related...more