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Sustainable Finance Corporate Governance European Commission

A&O Shearman

EC adopts recommendation on a voluntary sustainability reporting standard for SMEs

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The European Commission (EC) has adopted a recommendation on a voluntary sustainability reporting standard for small and medium-sized enterprises (SMEs). The recommendation serves as an interim measure ahead of a formal...more

A&O Shearman

EC adopts Delegated Regulation to postpone ESRS disclosure requirements for wave one companies

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The European Commission has adopted a Delegated Regulation amending Delegated Regulation (EU) 2023/2772, introducing targeted amendments, referred as a "quick fix", to postpone the application of certain disclosure...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

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

A&O Shearman

EC proposes omnibus sustainability package

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The European Commission (EC) has published two omnibus proposals on sustainability and EU investments, designed to address overlapping, unnecessary or disproportionate rules that are creating unnecessary burdens for EU...more

A&O Shearman

ESMA final report on the European Green Bonds Regulation

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The European Securities and Markets Authority (ESMA) has published a final report on the technical standards on the external reviewer regime under the European Green Bonds Regulation (EuGB). The regime requires external...more

Hogan Lovells

ESG Focus: UK/EU/International ESG Regulation Monthly Round-Up – February 2025

Hogan Lovells on

The first two instalments of the EU’s much anticipated omnibus packages of simplification were published on 26 February. The Commission proposes amendments to the Corporate Sustainability Reporting Directive (CSRD), the...more

A&O Shearman

EU Platform on Sustainable Finance publishes report on enhancing usability of EU Taxonomy framework

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The EU Platform on Sustainable Finance has published a report on enhancing the usability of the EU's Taxonomy regime. The report takes account of the European Commission's stated ambition to streamline ESG reporting...more

Proskauer - Regulatory & Compliance

European Commission’s Competitiveness Compass – is it the roadmap for simplification of EU sustainability regulations?

On 29 January 2025, the European Commission published a communication on its Competitiveness Compass for the EU (COM(2025) 30). The Competitiveness Compass outlines the European Commission’s proposed initiatives for the next...more

Mayer Brown Free Writings + Perspectives

The EU Green Bond Standard

Christmas is coming early to the ESG bond market as the new EU Green Bond Standard applies from 21 December 2024. The new standard is conceptually similar to existing ICMA use of proceeds standards but quite different in...more

A&O Shearman

European Commission Guidance for Financial Institutions on Disclosures Delegated Act under Taxonomy Regulation

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A European Commission notice has been published in the Official Journal of the European Union on the interpretation and implementation of certain legal provisions of the Disclosures Delegated Act on the reporting of...more

A&O Shearman

European Commission Provides Further Clarifications on EU Corporate Sustainability Reporting Rules

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The European Commission has published a draft Commission Notice on the interpretation of certain legal provisions in the Accounting Directive, Audit Directive, Audit Regulation, Transparency Directive, Regulation (EU)...more

K&L Gates LLP

The EU CS3D Trilogue Nears Conclusion

K&L Gates LLP on

Introduction - The Corporate Sustainability Due Diligence Directive (CS3D or Directive) is a mandatory framework of rules for companies that operate in the European Union (EU) and exceed certain revenue and employee...more

A&O Shearman

SFDR Consultation and Review by European Commission – a first step towards SFDR 2.0

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The Commission has launched a far reaching consultation and review of SFDR, long expected by the industry. This bulletin provides an overview, as well as giving thought as to what we might see in terms of SFDR 2.0....more

Latham & Watkins LLP

6 Sustainability Takeaways in EU Antitrust & Regulatory - August 2022

Latham & Watkins LLP on

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

Proskauer Rose LLP

European Commission Confirms Further Delay to the Regulatory Technical Standards Supplementing the SFDR

Proskauer Rose LLP on

The European Commission (the “Commission”) has published a letter dated 25 November 2021 confirming that it is further postponing the application of the regulatory technical standards (“RTS”) supplementing the EU Sustainable...more

Herbert Smith Freehills Kramer

EU Taxonomy Regulation — A Major Building Block for Comprehensive ESG Measures in Europe

The EU’s Green Deal, adopted in 2019, calls for achieving net zero greenhouse-gas emissions in the EU by 2050 and other very ambitious goals. Meeting them will require very significant shifts in the economy worldwide over...more

White & Case LLP

European legal acts on sustainable financing: Review, Outlook, Perspective

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"It can‘t go on like this!" This statement is not only made by the young people who pass by the windows of our office every Friday morning. In fact, this statement was already made binding by the Paris Climate Change...more

Akin Gump Strauss Hauer & Feld LLP

European Green Bonds and Sustainability-Linked Derivatives - A Brief Update

Environmental, social and governance (ESG) factors continue to play an increasingly significant role across the capital markets and have an impact on a range of financial instruments and products. We have previously written...more

Katten Muchin Rosenman LLP

ESG and Sustainable Finance: The European Perspective

Key Points - - Environmental, social and governance (ESG), green finance, sustainable finance, ethical investing are all widely used terms in the financial services industry — though they are used with no common agreement,...more

A&O Shearman

European Commission Seeks Feedback on Changes to Non-Financial Reporting Regime

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The European Commission is seeking feedback on a roadmap for its proposed changes to the Non-Financial Reporting Directive. The Directive specifies the non-financial information (e.g., regarding the environment, social issues...more

A&O Shearman

European Commission Publishes 2020 Work Programme

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The European Commission has published its 2020 Work Programme, setting out the EU’s strategic priorities for the next 12 months. Key areas of focus include...more

A&O Shearman

European Banking Authority Publishes Action Plan on Sustainable Finance

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The European Banking Authority has published an action plan on sustainable finance, setting out how it intends to deliver on its aims to help combat environmental, social and governance risks and providing clarity on the...more

A&O Shearman

European Economic and Social Committee Publishes Opinion on Sustainable Finance Reforms

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The European Economic and Social Committee has published an Opinion on the European Commission’s Reflection Paper, “Towards a Sustainable Europe by 2030”, which was published earlier this year. The Commission’s Reflection...more

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