News & Analysis as of

Supply Chain Carbon Emissions Climate Change

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

Akin Gump Strauss Hauer & Feld LLP

The EU Simplifies CBAM – What Are the Potential Implications?

The European Parliament and Council reached a provisional agreement (i.e., a post-consultation, non-binding political deal in relation to the final text of a legislative proposal) to streamline the European Union’s (EU)...more

Jones Day

SBTi Releases Draft Revision of Corporate Net-Zero Standard

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The Science Based Targets initiative (SBTi) has released a 132-page draft revision of the Corporate Net-Zero Standard (Version 2.0). Key proposed changes include...more

White & Case LLP

EU Omnibus Package: 10 things you should know about the proposed changes to key sustainability legislation

White & Case LLP on

The European Commission published an "Omnibus" package of proposed changes on 26 February, marking the start of a process that could result in significant changes to key EU laws on sustainability reporting, diligence and...more

Baker Botts L.L.P.

The Future of Energy Storage: Challenges and Innovations

Baker Botts L.L.P. on

Columbia Business School has published an interesting report on the future of energy storage. Just two decades ago, batteries were widely believed to be destined for use only in small objects like laptops and watches. But...more

DLA Piper

Horizon ESG Regulatory News and Trends - January 2025

DLA Piper on

US exits Paris Agreement after submitting Nationally Determined Contributions. In mid-December, the Biden Administration announced it submitted the US target under the Paris Agreement: cutting net carbon emissions by 61 to 66...more

Amundsen Davis LLC

How to Comply With the EU’s Carbon Border Adjustment Mechanism

Amundsen Davis LLC on

Over the past few months, I have noticed an increase in questions from my U.S. clients that export to countries in the European Union (EU) seeking clarity on their products’ exposure to the new carbon adjustment taxation law...more

DLA Piper

Horizon - ESG Regulatory News and Trends - September 2024

DLA Piper on

Welcome to Horizon, DLA Piper’s regular bulletin reporting on late-breaking legislative and policy developments in ESG. Our aim is to scan the litigation, enforcement, and regulatory horizon to help inform business decisions....more

ASKramer Law

Q&A with Andie: Energy Tax Credits For A New World - Part I: Overview of Energy Tax Credits under the IRA

ASKramer Law on

Signed into law on August 16, 2022, the Inflation Reduction Act (IRA) is the most significant long-term commitment made by the U.S. government to encourage and support a clean energy future. The IRA modifies and revises the...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

Foley & Lardner LLP

Promoting Human Rights and Environmental Sustainability: Integrating Ethics into the Supply Chain

Foley & Lardner LLP on

Companies of all sizes are increasingly scrutinized on adherence with Environmental, Social, and Governance (“ESG”) metrics. In particular, manufacturers and customers at both ends of the supply chain are evaluated on metrics...more

Pillsbury Winthrop Shaw Pittman LLP

Unplugging the Green Light on California's New Climate Disclosure Laws

Business groups’ recently filed lawsuit mounts the first legal challenge to California’s novel climate disclosure laws, creating potential uncertainty for impacted companies. On October 7, 2023, California Governor Gavin...more

A&O Shearman

Avoiding disputes in projects aimed at reducing emissions

A&O Shearman on

The Middle East’s ambitions for achieving Net Zero mean there is a wealth of opportunity for projects aimed at reducing carbon emissions. However, these projects will require careful navigation of the growing labyrinth of...more

A&O Shearman

Decarbonisation in Africa

A&O Shearman on

As the world focuses on energy transition and decarbonisation, there is clearly no shortage of bold ambition on the part of many African governments to play a key role in global efforts to tackle climate change. Meanwhile,...more

A&O Shearman

Emerging Asia powering ahead with decarbonisation agenda

A&O Shearman on

Asia is at the forefront of the global challenge to balance economic development, climate adaptation and mitigation, and energy security. The region is diverse, dynamic and pragmatic, facing both the risks and opportunities...more

Orrick, Herrington & Sutcliffe LLP

Navigating carbon compliance: Key shifts in Emission Trading System CO2 allowances for supply chains

A clear trend has emerged for CO2 allowances: dwindling availability coupled with escalating prices. At Orrick, we are seeing two key events which promise to further intensify this trajectory. Firstly, the upcoming regulatory...more

Cadwalader, Wickersham & Taft LLP

United Nations Releases First Global Stocktake on Parties’ Achievements Under the Paris Agreement

On September 8, 2023, the United Nations published its first Global Stocktake report on the progress made by nations in addressing climate change. The report, which represents the first comprehensive assessment of nearly 200...more

K&L Gates LLP

ESG Policy Update–Australia

K&L Gates LLP on

Australian Update - Addressing Modern Slavery Risks in Renewable Energy Supply Chains - As the modern slavery risks in the supply chains of renewable energy producers and markets come into focus (ABC|GreenBiz), the office of...more

A&O Shearman

Delivering Net Zero by 2050: the $200 trillion opportunity

A&O Shearman on

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

Jones Day

Decarbonizing the Health Care Sector

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At a global level, the decarbonization of the health care sector has been coordinated by the World Health Organization (WHO) COP26 Health Programme, launched at the COP26 climate summit in November 2021. Under this program,...more

WilmerHale

EU adopts the Carbon Border Adjustment Mechanism Regulation

WilmerHale on

On May 16, the Regulation establishing an EU Carbon Adjustment Mechanism (CBAM) was published in the Official Journal of the EU and entered into force the following day. Under the CBAM, importers into the EU of...more

Hogan Lovells

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

Hogan Lovells on

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

Cadwalader, Wickersham & Taft LLP

CDP Reports Limited Progress on Scope 3 Nature-Related Disclosure

According to a recent report published by global non-profit environmental disclosure platform CDP, approximately 41% of responding companies are reporting on one or more categories of supply chain emissions, even though such...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

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