News & Analysis as of

Climate Change Member State

Goodwin

Goodwin Antitrust & Regulatory Shorts: Fashion Faux Pas; Misleading Green and Social Responsibility Claims

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In recent years, legislative initiatives have increasingly reflected the green agenda and sustainability objectives of the European Commission (the Commission)....more

Skadden, Arps, Slate, Meagher & Flom LLP

ESG: A Review of 2024 and Key Trends To Look for in 2025

In this article, we reflect on key trends in ESG over the second half of 2024 and look ahead at trends that may emerge in 2025. We analyze developments in the latter half of 2024, which were similar to those highlighted in...more

Mayer Brown

Europe Daily News, 20 December 2024

Mayer Brown on

COMPETITION - Prior notification of a concentration (Case M.11772 - Nippon Express / SH)- Prior notification of a concentration (Case M.11783 - Luxshare / Pierer / Leoni)...more

Mayer Brown

Europe Daily News, 19 December 2024

Mayer Brown on

COMPETITION - Prior notification of a concentration (Case M.11805 - Unicredit / CNP Unicredit Vita) Prior notification of a concentration (Case M.11834 - GTCR / Insight Partners / Tricentis)...more

Mayer Brown

Europe Daily News, 16 December 2024

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COMPETITION - Commission clears acquisition of I.D.C. by Valeo Foods (M.11725) - Midday Express...more

A&O Shearman

The EU Corporate Sustainability Due Diligence Directive is final: how can companies prepare?

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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

Ogletree, Deakins, Nash, Smoak & Stewart,...

Reporting Requirements Under the European Sustainability Reporting Standards

Organisations are facing a new era of nonfinancial reporting with the European Union’s Corporate Sustainability Reporting Directive (CSRD), now in effect. CSRD reporting is standardised through the European Sustainability...more

Latham & Watkins LLP

European Parliament Votes to Postpone Deforestation Regulation to 2025 and Proposes Additional Amendments

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The vote follows the European Commission’s proposal to delay application of the regulation by one year. On 14 November 2024, the European Parliament (Parliament) voted in favour of the European Commission’s (Commission) ...more

Latham & Watkins LLP

European Commission Opens Infringement Procedures Regarding Sustainability Reporting Rules

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The EU Corporate Sustainability Reporting Directive (CSRD, or the Directive) took effect beginning 2024 and requires mandatory sustainability reporting by a first set of companies in 2025. Under the terms of the CSRD, the...more

Latham & Watkins LLP

Ruling Requires South Korean Government to Review Climate Targets

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South Korea’s Constitutional Court has issued a “first of its kind” decision in Asia, requiring South Korea to update its greenhouse gas reduction targets. On 29 August 2024, South Korea’s Constitutional Court (the Court)...more

Latham & Watkins LLP

Understanding the New Ecodesign for Sustainable Products Regulation

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The ESPR aims to make sustainable products the norm in the EU, replacing the current Ecodesign Directive and introducing broader measures for sustainability....more

K&L Gates LLP

Lawn and Order: Major Steps Against Greenwashing in Europe

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A new and powerful wave of “greenwashing” bans will sweep the European Union (EU) shortly. The EU’s Green Claims Directive and Greenwashing Directive (together, the Green Directives) are key legislative tools being introduced...more

Latham & Watkins LLP

The EU’s Corporate Sustainability Due Diligence Directive - Obligations for Companies

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On 5 July 2024, the final text of the Corporate Sustainability Due Diligence Directive (CSDDD) was entered into the Official Journal of the EU. The CSDDD will enter force on 25 July 2024. This marks the final key step in the...more

Latham & Watkins LLP

EU Adopts Corporate Sustainability Due Diligence Directive

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The CSDDD is set to impose mandatory human rights and environmental due diligence obligations for in-scope companies. On 5 July 2024, the Corporate Sustainability Due Diligence Directive (CSDDD) was published in the...more

BCLP

The European Union Against Deforestation: the Companies Concerned Still Have 8 Months to Take Action

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On December 30, 2024, the European regulation of May 31, 2023 on deforestation will come into force in all EU countries. The aim of these new rules, which are designed to combat the phenomenon of imported deforestation, is to...more

Latham & Watkins LLP

EU and Euratom to Withdraw From the Energy Charter Treaty: The End of an Era?

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The EU and Euratom will withdraw from the Energy Charter Treaty with Member States to support modernisation in the future. The European Council has adopted four decisions, confirming that the EU and Euratom will leave the...more

Hogan Lovells

Cross-border Real Estate ESG: How will the EPBD affect EU member states… and what about the US and UK?

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What is the latest position on the Energy Performance of Buildings Directive (EPBD)? How will different EU member states implement the new regime? How is the UK grappling with the need to improve energy performance across the...more

Womble Bond Dickinson

Accelerating EU Mineral Permitting: The Critical Raw Materials Act

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In the latest article from our Striking the Balance: Permitting Reforms for Mining and the Energy Transition series, we explore the EU’s recent efforts to streamline the mine permitting process via the Critical Raw Materials...more

Latham & Watkins LLP

European Commission Recommends 90% Emissions Reduction Target by 2040

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On 6 February 2024, the European Commission (Commission) presented its recommendations for the EU’s 2040 climate target, following a detailed impact assessment on potential emission reduction pathways. This publication aligns...more

Vedder Price

Get Ready! EU Emissions Trading System Expands to Cover Maritime Sector; Effective January 1, 2024

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Under the European Climate Law, European Union (EU) Member States are working collectively to reach net zero – cutting greenhouse gas emissions as close to zero as possible – by 2050. As a first milestone, the EU is aiming to...more

Latham & Watkins LLP

EU Corporate Sustainability Reporting Directive Redefines ESG Reporting

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The European Union’s Corporate Sustainability Reporting Directive (CSRD), which entered into force in January 2023, marks a new era for ESG reporting across Europe (and globally). CSRD is the latest in a wave of new rules...more

Latham & Watkins LLP

European RED III Seeks to Promote the Use of Green Hydrogen

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Renewable fuels of non-biological origin would play an expanded role in satisfying EU decarbonisation targets. The European Council has formally endorsed the proposed amendments to Directive (EU) 2018/2001 on the...more

Latham & Watkins LLP

OECD Updates Corporate Due Diligence Guidelines

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The Guidelines build on current social, environmental, and technological issues facing businesses following the last update in 2011. The Organisation for Economic Co-operation and Development (OECD) released updated...more

Latham & Watkins LLP

European Commission Eases Requirements in European Sustainability Reporting Standards Consultation

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The Commission issued its formal consultation on the ESRS with a number of proposed changes. On 9 June 2023, the European Commission (Commission) issued its formal consultation on the European Sustainability Reporting...more

Latham & Watkins LLP

European Commission Proposes Net Zero Industry Act and Critical Raw Materials Act

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The proposals form part of the Green Deal Industrial Plan and aim to scale up technology and materials for the energy transition. On 16 March 2023, the European Commission (Commission) formally proposed two legislative...more

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