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Reporting Requirements European Commission Due Diligence

Ropes & Gray LLP

Seeing the Forest for the Trees: Further Changes to the EU Deforestation Regulation are Likely

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The EU Deforestation Regulation (EUDR) covers cattle, cocoa, coffee, oil palm, rubber, soy(a) and wood, as well as many derived products. The Regulation is currently scheduled to apply to operators and traders beginning at...more

Hogan Lovells

EU Omnibus update – draft report published by Jörgen Warborn MEP and EFRAG simplified ESRS exposure drafts

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With negotiations continuing at both European Parliament and Council of the European Council level, final agreement on the omnibus proposals for sustainability reporting and due diligence still seems far away. But...more

Jones Day

Amending the CSRD and CS3D: EU's New Proposed Changes Would Fix Legal Loopholes

Jones Day on

The EU ESG rules are undergoing extensive revision as part of the EU's “Omnibus” process that began with the European Commission's release in February 2025 of a set of amendments and has already resulted so far in a two-year...more

A&O Shearman

Latest developments on the EU Sustainability Omnibus

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The EU’s sustainability reporting and due diligence landscape is in flux following the European Commission’s adoption of its highly anticipated Sustainability Omnibus package in late February 2025. In recent bulletins, we...more

Proskauer - Regulatory & Compliance

Beyond the Forest: Navigating the EU’s Deforestation Rules

On 15 April 2025, the European Commission (the “Commission”) released new simplification measures relating to the EU Deforestation Regulation (“EUDR”) with the promise of ensuring a “simple, fair and cost-efficient...more

Latham & Watkins LLP

European Commission Announces Simplifications to the Implementation of the EU Deforestation Regulation

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The updated guidance includes simplification measures allowing due diligence statements’ reuse, annual submission, and management by authorised representatives on behalf of companies....more

Ropes & Gray LLP

The Omnibus Sprouts Leaves – Simplification of the EU Deforestation Regulation Announced

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A few weeks ago, we wrote about growing calls for a “fleet of omnibuses” – a holistic approach to simplifying EU due diligence requirements that takes into account sector-specific laws pertaining to deforestation, conflict...more

A&O Shearman

Omnibus proposals: Council of the EU agrees position on 'stop-the-clock' mechanism

A&O Shearman on

The Council of the EU has announced that it has agreed its position on the "stop-the-clock" mechanism to postpone the dates of application of certain corporate sustainability reporting and due diligence requirements, as well...more

Hogan Lovells

ESG Investigations in Europe Part II – Handling particularities and challenges

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Recent years have seen an ever increasing density of ESG regulation on the national, European and global level. With significant regulations already or about to enter into force, enforcement actions on different levels,...more

Jones Day

European Council and European Parliament jump on the Omnibus

Jones Day on

In its meeting of March 20, 2025, the European Council expressed its support of the so-called Omnibus Package proposed by the European Commission on February 26, 2025. The Omnibus Package includes significant changes to EU...more

Ropes & Gray LLP

Gassing Up the Omnibus: European Council Announces Support for Stop-the-Clock Proposal

Ropes & Gray LLP on

On March 26, the European Council announced its support for the stop-the-clock proposal that would push back some compliance dates under the EU’s Corporate Sustainability Reporting Directive and Corporate Sustainability Due...more

Vinson & Elkins LLP

The EU’s Proposed Omnibus Package—Sustainability Reporting Simplified

Vinson & Elkins LLP on

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

Goodwin

Corporate Sustainability Reporting in the EU: Simplification, Decluttering, and Regulatory Burden Reduction Under Omnibus I or...

Goodwin on

The keenly awaited details of the EU’s proposed first omnibus package were published on 26 February 2025. The package includes amendments to the Corporate Sustainability Reporting Directive (CSRD) (including revision and...more

Latham & Watkins LLP

Omnibus Package Released: EU Commission Proposes Amendments to Sustainability Obligations

Latham & Watkins LLP on

The Commission’s proposal seeks to reshape EU Sustainability requirements by amending CSRD, CSDDD, EU Taxonomy, and CBAM. On 26 February 2025, the European Commission (Commission) published its much-anticipated first...more

Morrison & Foerster LLP

Current developments in ESG obligations in the EU: Omnibus Regulation and EU Deforestation Regulation

In the EU, the new year brings on the one hand hope for relief regarding ESG reporting and disclosure obligations (I. below). On the other hand, the EU Deforestation Regulation (EUDR) will create new burdens for many...more

Morrison & Foerster LLP

Aktuelle Entwicklungen bei ESG-Pflichten in der EU: Omnibus-Verordnung und EU-Entwaldungsverordnung

In der EU lässt das neue Jahr einerseits auf Entlastungen bei den ESG-Berichterstattungs- und Offenlegungspflichten hoffen (unten I.). Andererseits wird die EU-Entwaldungsverordnung (EUDR) für viele Unternehmen neuen Aufwand...more

McDermott Will & Emery

Quarterly Sanctions Update | Q3 2024

McDermott Will & Emery on

Although the European Union and the United Kingdom did not introduce new sanctions against Russia over the summer, they extensively focused on the implementation of the existing measures and their enforcement. This week,...more

Jones Day

Third Time's a Charm: EU Moves to Approve the Sustainability Due Diligence Directive

Jones Day on

The Council of the European Union ("EU") approved the Corporate Sustainability Due Diligence Directive ("CS3D") on March 15, 2024. The CS3D contains due diligence and governance obligations that will have an extensive impact...more

NAVEX

Understanding the Updates and Implications of the EU Corporate Sustainability Due Diligence Directive

NAVEX on

On February 23, 2022, the European Commission released a proposal for the Corporate Sustainability Due Diligence Directive (CSDDD or the Directive). The Directive aims to mandate both EU and non-EU companies that conduct...more

Paul Hastings LLP

The Evolving Role of Boards of Directors Regarding Business and Human Rights

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Three years ago, as part of the EU’s initiative on sustainable governance, the European Commission released a lengthy study on directors’ duties. The study affirmed what many already understood: corporate decision makers face...more

McDermott Will & Emery

[Webinar] Preparing for Foreign Subsidies Regulation (FSR) - June 30th, 9:30 am CEST

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As the European Commission prepares to enforce the recently adopted Foreign Subsidies Regulation (FSR) and its implementation is imminent, it is time to prepare for this new regulatory framework. Join us, together with...more

McDermott Will & Emery

[Webinar] Preparing for Foreign Subsidies Regulation (FSR) - June 26th, 3:30 pm CEST

McDermott Will & Emery on

As the European Commission prepares to enforce the recently adopted Foreign Subsidies Regulation (FSR) and its implementation is imminent, it is time to prepare for this new regulatory framework. Join us, together with...more

Akin Gump Strauss Hauer & Feld LLP

EU Commission Report on the Functioning of the EU Securitisation Regulation – Considerations for the CLO Market

Key Points - The European Commission (“EU Commission”) has published its report on the functioning of the EU Securitisation Regulation which contains the EU Commission’s assessment of a number of key aspects of the...more

StoneTurn

Are you ready for ESG as a critical business imperative?

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ESG – environmental, social and governance factors – has become a major focus for organisations which are under growing pressure to demonstrate they are doing the right thing and executing their commitments to sustainable...more

Latham & Watkins LLP

6 Sustainability Takeaways in EU Antitrust & Regulatory - August 2022

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EU Parliament and Council reach agreement on CSRD - European Parliament and European Council | 21 June 2022 - The European Parliament and European Council reached a provisional political agreement on the terms of the...more

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