News & Analysis as of

Greenhouse Gas Emissions Supply Chain European Union

Latham & Watkins LLP

European Commission Consults on CBAM Extension and Announces Plans to Protect EU Exporters

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On 1 July 2025, the European Commission (Commission) released a call for evidence regarding the potential to extend the scope of the EU Carbon Border Adjustment Mechanism Regulation (CBAM) to cover certain downstream...more

Akin Gump Strauss Hauer & Feld LLP

EU Commission Moves on CBAM Downstream Expansion and Exporter Compensation

In separate developments, the European Commission (the “Commission”) opened a public consultation on the extension of the Carbon Border Adjustment Mechanism (CBAM) to downstream products and on additional anti-circumvention...more

Vinson & Elkins LLP

The EU’s Proposed Omnibus Package—Sustainability Reporting Simplified

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The past few years have seen concerted efforts — both domestically and globally — advancing the reporting and disclosure of various climate- and sustainability-related metrics by businesses and investors. One of the most...more

DLA Piper

Horizon - ESG Regulatory News and Trends - February 2025

DLA Piper on

US formally submits notification of withdrawal from Paris Agreement. On January 27, 2025, Dorothy Camille Shea, the US acting ambassador to the United Nations, submitted a notification of withdrawal from the Paris Agreement...more

Eversheds Sutherland (US) LLP

Global Supply Chain Horizons - December 2024

Welcome to the latest edition of our quarterly global supply chain horizons providing you with an update on the key developments from around the world - Asia - China: Export ban of critical minerals to the US - On December...more

King & Spalding

Blue Hydrogen and Ammonia: EU’s Rules for Low Carbon Fuels Released for Consultation

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On 27 September 2024, the European Commission (“EC”) published draft rules defining “low-carbon hydrogen” and derivative “low-carbon fuels” in the EU (the “Draft Low-Carbon Hydrogen DA”). A public consultation is now open...more

Morrison & Foerster LLP

What is in my Supply Chain?

April and May 2024 mark historic months when it comes to supply chain due diligence obligations for EU and non-EU companies that operate in the EU. Going forward, companies will not only be required to identify and address...more

Jones Day

The Challenges Faced in the Implementation of the EU Deforestation Regulation

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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

KPMG Board Leadership Center (BLC)

Climate in context: Geopolitics, business, and the board

In this collaboration between the KPMG Board Leadership Center (BLC) and Eurasia Group, our aim is to help widen the boardroom aperture on the global climate challenge—where it stands, and what’s at stake—and to help boards...more

King & Spalding

EU Council Approves Corporate Sustainability Due Diligence Directive

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On 15 March 2024, the European Council approved the Corporate Sustainability Due Diligence Directive (“CSDDD” or “Directive”). If approved by the European Parliament and entered into force, the CSDDD will require large EU and...more

J.S. Held

Crosscurrents—European Union Fails to Pass Corporate Sustainability Due Diligence Directive & SEC Bails on Scope 3 Requirements

J.S. Held on

Introduction - With the adoption by 196 parties of the Paris Agreement in December 2015, legally binding international climate change arrived. The Paris Agreement requires increasingly aggressive five-year cycles climate...more

Hinshaw & Culbertson LLP

ESG Continues to Extend its Reach into Global Supply Chains

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ESG Continues to Extend its Reach into Global Supply Chains - In our latest edition of the ESG Business Insights alert series, we take a look at why Environmental, Social, and Governance (ESG) is no longer a matter of...more

A&O Shearman

Delivering Net Zero by 2050: the $200 trillion opportunity

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Until now, however, no comprehensive estimate existed of the of that opportunity, (or, to put it another way, the size of the financing gap between committed spending and the investment needed to deliver Net Zero by 2050...more

Hogan Lovells

Reform of the EU Emissions Trading System (EU ETS) - Extension of the EU ETS to the shipping sector

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On 18 April 2023, the EU Parliament adopted the reform of the EU ETS. As key points, the reform includes stricter requirements for installations already subject to the EU ETS (“ETS I”), the gradual inclusion of maritime...more

Latham & Watkins LLP

European Commission Adopts Proposal to Promote Repair of Goods

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As part of the European Green Deal ambitions, the proposal encourages sustainable consumption through additional incentives to repair products to reduce waste and emissions. On 22 March 2023, the European Commission...more

Latham & Watkins LLP

European Commission Releases Communication on the Green Deal Industrial Plan

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The Plan aims to “simplify, accelerate and align incentives to preserve the competitiveness and attractiveness of the EU as an investment location for the net-zero industry”. On 1 February 2023, the European Commission...more

Akin Gump Strauss Hauer & Feld LLP

Green Deal Industrial Plan for the Net Zero Age – the EU’s Answer to the Inflation Reduction Act

Yesterday (1 Feb 2023) marked the launch by the European Commission (EC) of the Green Deal Industrial Plan for the Net Zero Age. Its introduction is aimed at a levelling up of the international playing field and combatting...more

White & Case LLP

European Parliament and Council Reach Agreement on Carbon Border Adjustment Mechanism and EU Emissions Trading System

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The European Parliament and Council of the European Union have reached an agreement on the text of the EU Carbon Border Adjustment Mechanism regulation and the directive providing an updated EU Emissions Trading System....more

WilmerHale

Avoid Contributing to Ecocide - Know Your Supply Chain

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Sustainability has risen to the top of the agenda for businesses around the world. Governments, investors and the public demand that organisations play a part in the global push to eliminate, or at least limit, the...more

Paul Hastings LLP

No Longer a ‘Nice to Have’: ESG and What it Means for Life Sciences Companies

Paul Hastings LLP on

In April 2022, the U.K. Health Secretary, Sajid Javid, announced plans to prohibit the United Kingdom’s National Health Service (“NHS”) from buying goods and services connected with forced labour or human trafficking. This...more

White & Case LLP

European Parliament and Council adopt positions on ETS and CBAM proposals: next steps—final agreement & formal adoption

White & Case LLP on

The EU "Fit for 55" package, if adopted, will significantly reshape environmental regulation in Europe, with impact beyond the EU's borders. In this alert, we focus on developments in two of the most impactful files, the...more

Foley & Lardner LLP

Foley Automotive Report - March 2022

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This report helps automotive suppliers inform their legal and operational decisions to help address challenges and opportunities. Key Developments - Foley & Lardner LLP partnered with OESA to present the webinar, Export...more

Hogan Lovells

The EU Carbon Border Adjustment Mechanism proposal and considerations for U.S. businesses

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The EU CBAM proposal signals a transformation of the European carbon pricing regulations. U.S. businesses with significant European operations, or with operations in emissions-intensive, trade-exposed industry sectors, should...more

Hogan Lovells

The EU Carbon Border Adjustment Mechanism : inspiration for others or Pandora’s box?

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Following the release of the European Commission’s proposal for a Carbon Border Adjustment Mechanism (“CBAM Proposal”) on 14 July 2021 as part of the “Fit for 55” legislative package aimed at reducing the EU’s greenhouse gas...more

Vinson & Elkins LLP

The Poseidon Principles: Shipping Emissions Reduction Efforts Steer Into New Waters

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In June 2018, the International Maritime Organization (“IMO”) announced the adoption of an initial strategy to reduce total greenhouse gas (“GHG”) emissions attributable to the international shipping sector by at least 50% by...more

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