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Supply Chain Reporting Requirements Sustainability

A&O Shearman

ECON adopts opinion on Omnibus I sustainability package

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The European Parliament’s Committee on Economic and Monetary Affairs (ECON) has adopted its opinion on the Omnibus I package that proposes targeted amendments to key directives on corporate sustainability reporting and due...more

Latham & Watkins LLP

South Korea Reintroduces Human Rights and Due Diligence Act

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The reintroduction of South Korea’s due diligence law potentially marks a significant advancement for human rights and ESG initiatives in the region....more

Jones Day

GRI Releases New Climate and Energy Standards – Significant Reporting Changes Ahead

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The Global Reporting Initiative (GRI) published two new topic standards—GRI 102: Climate Change (2025) and GRI 103: Energy (2025). These standards will replace GRI 305: Emissions (2016), GRI 302: Energy (2016), and Disclosure...more

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

Skadden, Arps, Slate, Meagher & Flom LLP

ESG in 2025: A Midyear Review

In this article, we reflect on key trends in ESG over the first half of 2025 and look ahead at what to watch in the second half of 2025. We analyse developments, including the following major themes: - EU Omnibus Proposals...more

American Conference Institute (ACI)

[Event] EPR Think Tank - May 28th, New York, NY

With Extended Producer Responsibility (EPR) packaging laws rapidly expanding across the U.S. and globally – producers, retailers, and sustainability leaders are facing unprecedented pressure to prepare for a new wave of...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

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

Environmental General Counsel PC

A European Perspective on Sustainability, CSRD, and the Omnibus Package: An Interview with Ferruccio Bongiorni of Studio Bongiorni

Environmental General Counsel (“EGC”) Founder and Principal Catherine W. Johnson recently interviewed Ferruccio Bongiorni, Founder and Managing Director of Studio Bongiorni located in Milan, Italy, about sustainability issues...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

K&L Gates LLP

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

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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

White & Case LLP

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

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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

Vorys, Sater, Seymour and Pease LLP

States Propose New Environmental Disclosure Laws for Apparel and Footwear Industry

Several U.S. states, including Washington, New York, California, and Massachusetts, are proposing new laws targeting apparel and footwear manufacturers, importers, and retailers. These laws aim to regulate the fashion...more

DLA Piper

Horizon - ESG Regulatory News and Trends - February 2025

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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

Mayer Brown Free Writings + Perspectives

European Commission Presents “Omnibus” Simplification Package with Amendments to CSRD, CSDDD, CBAM and Taxonomy

On 26 February 2025, the European Commission (“Commission”) published its “Omnibus I” or “Sustainability Omnibus” package as part of its mission to improve the competitiveness of the European Union. The Omnibus Package...more

Cooley LLP

Impacts for US Companies of the Proposed EU Omnibus Package

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On February 26, 2025, the European Commission (Commission) published a proposed ‘Omnibus package’ to streamline some of the recently adopted European Union (EU) sustainability laws. The laws in scope of the proposed Omnibus...more

Skadden, Arps, Slate, Meagher & Flom LLP

Now More Than Ever, Supply Chains Demand the Attention of Multinationals’ Boards

Key Points - - New laws in major jurisdictions make it vital that companies examine their supply chains closely for legal vulnerabilities. This entails due diligence on environmental and human rights issues, and compliance...more

NAVEX

Human rights in the Supply Chain – Prioritizing Third-Party Due Diligence and Ongoing Monitoring 

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Thorough third-party due diligence and ongoing monitoring are essential elements of a robust compliance program and help to protect organizations from costly legal repercussions, reputational damage, and major business...more

Benesch

Greener Pastures Ahead? California’s Fashion Environmental Accountability Act of 2025

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Fashion-related environmental legislation is, well, in fashion. And, as with many consumer-related issues, California continues to be a trendsetter....more

BCLP

HFC Regulation: Navigating Impacts to a Fast-Growing “Climate Control” Industry

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Climate control technology is increasingly a focal part of modern society’s expectation to have sophisticated supply chains, particularly relating to perishable items such as pharmaceuticals, raw products, and food. ...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

Davis Wright Tremaine LLP

Project W: Alumna Spotlight on Stephanie Benedetto

Stephanie Benedetto traces her entrepreneurial DNA to her great-grandfather, Pappy, who immigrated to the Lower East Side of Manhattan (the original garment district) from Austria in 1986. Pappy collected odds and ends of...more

Hogan Lovells

ESG Compliance Management and Corporate Strategy: What to Expect in 2025

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As we enter 2025, ESG compliance is continuing to become a strategically important mandatory regulatory requirement for businesses. Despite some ESG backlashes in the political arena both in the US and the EU, 2025 marks a...more

Latham & Watkins LLP

ESG and Sustainability Insights: 10 Things That Should Be Top of Mind in 2025

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Through the course of 2024, the development of the ESG and sustainability landscape was dynamic. We anticipate that this dynamism will intensify in 2025, given the implementation and potential amendment of ESG-related...more

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