News & Analysis as of

Regulatory Agenda Climate Change Sustainability

A&O Shearman

The UK consults on its draft Sustainability Reporting Standards

A&O Shearman on

What do businesses need to know, and how can they prepare? Introduction - On June 25, 2025, the UK government initiated a consultation (the Consultation) on the exposure draft of the UK Sustainability Reporting Standards...more

Baker Botts L.L.P.

P2N0 - Edition 32 - News and Views on the Drive Towards Net-Zero GHG Emissions

Baker Botts L.L.P. on

Welcome to Edition 32 of P2N0 covering the drive to avoid, reduce and remove greenhouse gas (GHG) emissions to progress to net-zero GHG emissions (NZE). P2N0 covers significant news items globally, reporting on them in short...more

Hogan Lovells

UK regulators give update on timing of ESG regulatory initiatives

Hogan Lovells on

A new edition of the Regulatory Initiatives Grid, which sets out details of current and planned regulatory initiatives for all the regulators affecting the financial services sector, has been published. It includes details of...more

White & Case LLP

Energy efficiency requirements under the EU AI Act

White & Case LLP on

The rapid proliferation of AI technologies in recent years has led to a growing demand for energy-intensive data centers and high-performance hardware. Laws seeking to regulate AI, such as the EU AI Act, increasingly include...more

A&O Shearman

IOSCO publishes 2025 Work Program

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The International Organization of Securities Commissions (IOSCO) has published its 2025 Work Program, setting out its ongoing and planned initiatives for 2025. These include: (i) prioritising issues related to non-bank...more

Mayer Brown

Public Hearing Opened on National Circular Economy Plan

Mayer Brown on

In accordance with Federal Decree No. 12,082/2024, which established the National Circular Economy Strategy (which we explored in a July 2024 Legal Update), a public hearing has been opened for the development of the National...more

K&L Gates LLP

Green, But Lean: EU Eases Sustainability Rules Without Ditching Climate Goals

K&L Gates LLP on

On 26 February 2025, the European Commission published the Omnibus Simplification Package, a set of proposals designed to streamline key EU sustainability regulations, eliminate redundancies, and reduce administrative burden...more

Hogan Lovells

The EPC reformation in England and Wales – changes on the horizon

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From 4 December 2024 to 26 February 2025, the Ministry of Housing, Communities and Local Government and the Department for Energy Security and Net Zero ran a consultation seeking views on the reform of the Energy Performance...more

Mayer Brown

Europe Daily News, 28 February 2025

Mayer Brown on

COMPETITION - Prior notification of a concentration (Case M.11786 - Mondi / Schumacker Packaging (German & Dutch & UK Business)) Prior notification of a concentration (Case M.11867 - Daikin / Copeland / C-D Compression...more

Morgan Lewis

Energy Storage Legislation Updates in the European Union and United Kingdom

Morgan Lewis on

Discover the evolving policies and regulations of the European Union and United Kingdom, with both issuing landmark legislation in the energy storage. EUROPEAN UNION DEVELOPMENTS EU energy storage initiatives are a key part...more

Morgan Lewis

EU Commission Publishes Omnibus Package Proposing to Simplify EU Sustainability Laws

Morgan Lewis on

While the European Union has established itself as a frontrunner in sustainability legislation, having passed a significant number of sustainability laws under its Green Deal, its recent omnibus sustainability package...more

Mayer Brown

Europe Daily News 26 February 2025

Mayer Brown on

COMPETITION - Prior notification of a concentration (Case M.11872 - Triton / Keenfinity) - Commission clears creation of a joint venture by PSS and Maccaferri (M.11862) - Midday Express...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

Hogan Lovells

Energy Buzz: UK ETS Evolution

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Extended Phase II – The UK ETS Authority consults on a variety of extension proposals Inter-Phase Banking – Surplus allowances from Phase I could be carried into Phase II of the extended scheme The UK Emissions Trading...more

Hogan Lovells

Energy Buzz: Gas shipper obligation

Hogan Lovells on

The UK government is advancing its commitment to a low-carbon economy by proposing a levy on gas shippers (the Gas Shipper Obligation (GSO)), a funding mechanism designed to support the Hydrogen Production Business Model...more

K&L Gates LLP

January 2025 ESG Policy Update—Australia

K&L Gates LLP on

Australian - Update Mandatory Climate-Related Financial Disclosures Come Into Effect - The first phase of the Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Bill 2024 (Cth) (Bill) commenced on...more

Sheppard Mullin Richter & Hampton LLP

Corporate Sustainability Obligations in the EU: France Urges the EU To Postpone the Application of Adopted EU Directives

On 20 January 2025, France published a memorandum urging the EU to modify the Corporate Sustainability Reporting Directive (Directive 2022/2464, “CSRD”), and to postpone the application of the Corporate Sustainability Due...more

Pillsbury Winthrop Shaw Pittman LLP

EPA Finalizes New Rule to Reduce and Reclaim Hydrofluorocarbons

EPA recently finalized the HFC Emissions Reduction and Reclamation Rule, which imposes strict requirements on industries relying on HFC-based refrigeration systems. Prior to the Biden administration leaving office, EPA...more

Blake, Cassels & Graydon LLP

Captage et stockage géologique du dioxyde de carbone direct de l’air : publication de l’avant-projet de protocole fédéral de...

En janvier 2025, Environnement et Changement climatique Canada (« ECCC ») a publié l’avant-projet de protocole fédéral de crédits compensatoires (le « Protocole ») en lien avec le captage et le stockage géologique du dioxyde...more

Beveridge & Diamond PC

Changing Climate for Corporate Disclosures: SEC Mandates Climate Disclosures for Public Companies (Updated)

Beveridge & Diamond PC on

Update: On February 11, 2025, acting SEC Chairman Mark Uyeda issued a statement changing the SEC’s position on the Final Climate Rules. Chairman Uyeda states that he “continue[s] to question the statutory authority of the...more

Troutman Pepper Locke

Keeping Track of the Trump Executive Actions

Troutman Pepper Locke on

President Trump hit the ground running, issuing more executive orders, memoranda, and other actions on Inauguration Day than any previous president. Agencies are already working to implement those actions. Many of the actions...more

Vinson & Elkins LLP

SEC Requests Oral Argument Not to Be Scheduled in the Litigation Challenging the Climate-Related Disclosures Rule

Vinson & Elkins LLP on

In early March 2024, the U.S. Securities and Exchange Commission (“SEC”) finalized its climate-related disclosures rule (The Enhancement and Standardization of Climate-Related Disclosures for Investors) (the “Final Rule”)....more

A&O Shearman

European Commission communication on EU competitiveness compass

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The European Commission has published a communication on a Competitiveness Compass for the EU, which sets out an action plan in response to the Draghi report published in September 2024. The communication sets out the...more

Blake, Cassels & Graydon LLP

Canada Publishes Draft Offset Protocol for Direct Air Carbon Dioxide Capture and Geological Storage

In January 2025, Environment and Climate Change Canada (ECCC) released a preliminary draft of its Federal Offset Protocol (Protocol) for direct air carbon dioxide capture and geological storage (DACCS) projects. The Protocol...more

Proskauer - Regulatory & Compliance

One week to go until HM Treasury’s UK Green Taxonomy Consultation closes

HM Treasury published the UK Green Taxonomy Consultation (the ‘‘Consultation’’) on 14 November 2024, and there is one week to go until the consultation window closes on 6 February 2025. The Consultation seeks views on the...more

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