News & Analysis as of

Sustainability Member State Climate Change

Goodwin

Goodwin Antitrust & Regulatory Shorts: Fashion Faux Pas; Misleading Green and Social Responsibility Claims

Goodwin on

In recent years, legislative initiatives have increasingly reflected the green agenda and sustainability objectives of the European Commission (the Commission)....more

Skadden, Arps, Slate, Meagher & Flom LLP

ESG: A Review of 2024 and Key Trends To Look for in 2025

In this article, we reflect on key trends in ESG over the second half of 2024 and look ahead at trends that may emerge in 2025. We analyze developments in the latter half of 2024, which were similar to those highlighted in...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

Ogletree, Deakins, Nash, Smoak & Stewart,...

Reporting Requirements Under the European Sustainability Reporting Standards

Organisations are facing a new era of nonfinancial reporting with the European Union’s Corporate Sustainability Reporting Directive (CSRD), now in effect. CSRD reporting is standardised through the European Sustainability...more

Latham & Watkins LLP

European Parliament Votes to Postpone Deforestation Regulation to 2025 and Proposes Additional Amendments

Latham & Watkins LLP on

The vote follows the European Commission’s proposal to delay application of the regulation by one year. On 14 November 2024, the European Parliament (Parliament) voted in favour of the European Commission’s (Commission) ...more

Latham & Watkins LLP

European Commission Opens Infringement Procedures Regarding Sustainability Reporting Rules

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The EU Corporate Sustainability Reporting Directive (CSRD, or the Directive) took effect beginning 2024 and requires mandatory sustainability reporting by a first set of companies in 2025. Under the terms of the CSRD, the...more

Latham & Watkins LLP

Understanding the New Ecodesign for Sustainable Products Regulation

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The ESPR aims to make sustainable products the norm in the EU, replacing the current Ecodesign Directive and introducing broader measures for sustainability....more

K&L Gates LLP

Lawn and Order: Major Steps Against Greenwashing in Europe

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A new and powerful wave of “greenwashing” bans will sweep the European Union (EU) shortly. The EU’s Green Claims Directive and Greenwashing Directive (together, the Green Directives) are key legislative tools being introduced...more

Latham & Watkins LLP

The EU’s Corporate Sustainability Due Diligence Directive - Obligations for Companies

Latham & Watkins LLP on

On 5 July 2024, the final text of the Corporate Sustainability Due Diligence Directive (CSDDD) was entered into the Official Journal of the EU. The CSDDD will enter force on 25 July 2024. This marks the final key step in the...more

Latham & Watkins LLP

EU Adopts Corporate Sustainability Due Diligence Directive

Latham & Watkins LLP on

The CSDDD is set to impose mandatory human rights and environmental due diligence obligations for in-scope companies. On 5 July 2024, the Corporate Sustainability Due Diligence Directive (CSDDD) was published in the...more

Latham & Watkins LLP

EU Corporate Sustainability Reporting Directive Redefines ESG Reporting

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The European Union’s Corporate Sustainability Reporting Directive (CSRD), which entered into force in January 2023, marks a new era for ESG reporting across Europe (and globally). CSRD is the latest in a wave of new rules...more

Latham & Watkins LLP

European Commission Eases Requirements in European Sustainability Reporting Standards Consultation

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The Commission issued its formal consultation on the ESRS with a number of proposed changes. On 9 June 2023, the European Commission (Commission) issued its formal consultation on the European Sustainability Reporting...more

Perkins Coie

The High Seas Treaty: A Historic Agreement To Protect International Waters

Perkins Coie on

All Member States of the United Nations (UN) Intergovernmental Conference on Marine Biodiversity of Areas Beyond National Jurisdiction (BBNJ) reached an agreement on March 4, 2023, regarding an international treaty governing...more

Hogan Lovells

Heading towards ESG class actions

Hogan Lovells on

For more than twenty years, the European Union (EU) witnessed the development of collective redress mechanisms to address mass claims situations. To ensure the proper implementation of these mechanisms in the Member States,...more

Latham & Watkins LLP

European Commission Proposes New Supply Chain Due Diligence Rules for Large Companies

Latham & Watkins LLP on

In-scope companies would have to publicly identify “actual and potential” adverse impacts of their operations on the environment and/or human rights. On 23 February 2022, the European Commission (the Commission)...more

Latham & Watkins LLP

European Commission publishes its 2022 State aid Guidelines on Climate, Environmental Protection and Energy

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The Development - “Europe will need a considerable amount of sustainable investments to support its green transition. Although a significant share will come from the private sector, public support will play a role in...more

Latham & Watkins LLP

Executive Vice-President Vestager Champions Green Deal in Policy Announcement

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The European Commission continues to explore how competition policy can support the bloc’s increased focus on sustainability and progression towards climate neutrality by 2050. On 10 September 2021, Inge Bernaerts,...more

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