Is My Company Required to Comply with the Paris Agreement?
Nota Bene Episode 33: Congressional Check-In for Q2: Paris Agreement, Presidential Nominees, and Privacy with Elizabeth Frazee
Science-based targets (SBTs) rely on scientific facts to achieve specific conditions or outcomes. SBTs reflect the best available science and set goals intended to prevent human activities from harming the environment....more
Australian Update - Resistance to Australian Securities Exchange Corporate Governance Council’s Diversity Reforms Signals Decline in Environment, Social and Governance Commitment - The recent decision by the Australian...more
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
The United States Ambassador to the United Nations shall immediately withdraw from the Paris Agreement under the United Nations Framework Convention on Climate Change. The Secretaries of State and Commerce and heads of other...more
The Withdrawal - The United States’ Acting Ambassador to the United Nations (U.N.) submitted a notification of withdrawal from the Paris Agreement on January 27, 2025, which is set to become effective one year after...more
On January 20, 2025, President Donald Trump issued a series of executive orders on energy and environmental topics that included initiating a US withdrawal from the Paris Climate Accords, a move consistent with his previous...more
On January 20, US President Trump issued an executive order, “Putting America First in International Environmental Agreements,” withdrawing the United States from the Paris Agreement and other climate-related financial...more
On April 5th, 2019, environmental activist group Milieudefensie (Friends of the Earth) Netherlands and co-plaintiffs served Shell a court summons alleging Shell’s contributions to climate change violated its duty of care...more
A second Trump administration is expected to prioritize “energy dominance,” focusing on expanding oil and gas, reducing regulations, and increasing drilling, especially with Republican-led committees in Congress likely...more
Following a hotly contested election, Donald Trump is once again the president-elect and will return to the White House on January 20, 2025. He will do so with a dominant electoral college win, potentially a win of the...more
The EU Corporate Sustainability Due Diligence Directive (CSDDD), which came into force on 25 July 2024, represents a significant step by the European Union (EU) to integrate sustainable practices into the core operational...more
Historically, trade agreements have focused on reducing barriers to trade—such as tariffs and quotas—while encouraging economic integration and growth. Environmental protection was often considered a separate issue, addressed...more
Thomas Paoletti, Managing Partner at Paoletti Law Group, provides expert opinion on ESG in the Middle East – the current situation and what still needs to be done to work towards a more sustainable future....more
The European Union’s Corporate Sustainability Due Diligence Directive (CSDDD or Directive) entered into force on July 25, 2024, establishing a framework for companies to address risks and adverse impacts on human rights and...more
“Net zero” is a topic as hot as the climate these days. With so much regulatory attention being placed on it, companies that do not communicate their net zero efforts appropriately or, worse, intentionally make false and...more
Denmark’s unprecedented carbon removals fund has facilitated the coexistence of corporate and national carbon claims in carbon accounting. In the past few years, stakeholders in the carbon market have debated how to...more
The European Parliament has now approved the “Corporate Sustainability Due Diligence Directive,” which will apply to both EU companies and to non-EU companies doing business in the European Union. (There is a phased...more
EU Value Chain Due Diligence Directive Not Endorsed - Following four years of attempting to progress and approve the Corporate Sustainability Due Diligence Directive (CSDDD), the European Council failed to give the...more
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
The 28th United Nations (U.N.) Climate Change Conference of the Parties (COP28) wrapped up in Dubai in mid-December 2023. This Article summarizes key takeaways and describes the potential implications for businesses and...more
After months of discussion – and years of development – on December 14, 2023, the European Council and the Parliament reached a provisional agreement on the Corporate Sustainability Due Diligence Directive (“CSDDD”). The...more
On 14 December 2023, there was an initial agreement by the EU Parliament and the EU Council on the final text of the Corporate Sustainability Due Diligence Directive (“CSDDD”). CSDDD is a significant and impactful piece...more
The first edition of this paper was published on 22 August 2023. Since that date, the European Commission has finalized its guidance indicating that Article 8 of the Taxonomy Regulation and the Disclosures Delegated Act apply...more
COP28 - December 13, 2023 Recap - The COP28 Presidency announced early Wednesday that nearly 200 countries had reached an agreement on the text of the Global Stocktake (GST) after two weeks of contentious debate....more