News & Analysis as of

Sustainability Corporate Governance Due Diligence

Latham & Watkins LLP

South Korea Reintroduces Human Rights and Due Diligence Act

Latham & Watkins LLP on

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

Omnibus - EU Council Signs Off On Its CSRD And CSDDD Negotiating Position

Jones Day on

After a number of rounds of drafts, the EU Council has signed off on its position regarding the revisions to CSRD and CSDDD brought about by the Omnibus....more

WilmerHale

The New German Government’s Agenda on Compliance

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On May 5, 2025, the Christian Democratic Union of Germany (CDU) and the Christian Social Union (CSU) entered into a coalition agreement (Coalition Agreement) with the Social Democratic Party of Germany (SPD) (together with...more

Latham & Watkins LLP

“Stop the Clock” Directive Grants Delays in Corporate Sustainability Reporting and Due Diligence

Latham & Watkins LLP on

The European Council has approved the Directive, which offers a temporary relief to companies facing requirements under the CSRD and CSDDD....more

Latham & Watkins LLP

Stop the Clock Directive Grants Delays in Corporate Sustainability Reporting and Due Diligence

Latham & Watkins LLP on

The European Council has approved the Directive, which offers a temporary relief to companies facing requirements under the CSRD and CSDDD....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

Jones Day

Tensions Rise Between EU and U.S. Law

Jones Day on

As currently drafted, the PROTECT USA Act, introduced on March 12, 2025, may have the unintended impact of creating a significant tension between compliance with U.S. and EU laws by U.S. and non-U.S. companies....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

A&O Shearman

CS3D - Ten questions on the Omnibus

A&O Shearman on

The European Commission’s Omnibus package, published on February 26, 2025 (the Omnibus Package or the Package), proposes to simplify the EU’s sustainability laws. At the same time, it has generated significant uncertainty for...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

Ius Laboris

The Omnibus Package: What Could It Mean for the CSRD?

Ius Laboris on

In February 2025, the EU proposed reduced sustainability reporting rules for a large majority of businesses, responding to criticism that EU red tape hinders competitiveness with other countries. Below, we look at the...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

McDermott Will & Schulte

Simplification Omnibus Package

On February 26, 2025, the EU Commission presented the first part of the Omnibus Simplification Package announced in January 2025. This formal legislative initiative aims to simplify and harmonise existing EU regulations...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

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

Jones Day

EU Omnibus Package Published: CSRD and CS3D to Be Delayed and Scaled Back

Jones Day on

The European Union published its long-awaited "Omnibus" package, proposing to delay key European ESG rules, while simultaneously reducing the applicability and burden of corporate sustainability reporting and due diligence...more

Hogan Lovells

EU Omnibus simplification package – corporate sustainability reporting and due diligence. What's next for the CSRD and the CS3D?

Hogan Lovells on

For the last few months the European Commission has been working to bring together a proposal to amend the Corporate Sustainability Reporting Directive (CSRD), the Corporate Sustainability Due Diligence Directive (CS3D), the...more

J.S. Held

2025 J.S. Held Global Risk Report: Sustainability Investments & Headwinds

J.S. Held on

Sustainability continues to be a hot issue around the world. While many jurisdictions are creating additional frameworks in support of greater consideration of sustainability, others, most notably the US, are either dragging...more

Hogan Lovells

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

Hogan Lovells on

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

A&O Shearman

The EU Corporate Sustainability Due Diligence Directive is final: how can companies prepare?

A&O Shearman on

This is an update to previous bulletins on the Corporate Sustainability Due Diligence Directive (CS3D) which we published in June and September 2024. In a decisive move that marks a new chapter for corporate...more

Hogan Lovells

Top five learnings from the ESG Gamechangers Summit

Hogan Lovells on

At our third annual ESG Gamechangers Summit in London, leaders from across business, law, science and policy gathered to tackle the question: “ESG – risk or reward?” We have gathered our five top learnings from an afternoon...more

Skadden, Arps, Slate, Meagher & Flom LLP

Preparing for the EU Corporate Sustainability Due Diligence Directive

What is the EU Corporate Sustainability Due Diligence Directive? The Corporate Sustainability Due Diligence Directive (CS3D) is a pivotal European Union directive that mandates human rights and environmental due diligence...more

Skadden, Arps, Slate, Meagher & Flom LLP

The EU Deforestation Regulation: What Do Companies Need To Do To Prepare?

On 29 June 2023, the EU’s new Regulation (EU) 2023/1115 restricting sale in the EU of products that may cause deforestation or the degradation of forests (EUDR) entered into force. The EUDR is expected to have global...more

Mayer Brown

COMPLYING WITH CS3D - Overlooking environmental concerns is a high-risk strategy

Mayer Brown on

BACKGROUND - The incorporation of complex environmental and climate impacts from business operations and supply chains into human rights impact assessments and governance models is proving to be a major challenge for...more

Society of Corporate Compliance and Ethics...

[Webinar] Trends in Global ESG Regulations and Their Impact on Corporate Reporting - September 18th, 12:00 pm CT

Target Audience - Compliance Professionals with detailed knowledge in an area. Such persons are often at a mid-level within the organization, with operational or supervisory responsibilities, or both....more

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