AI Around the Globe: What to Know in 2024
Impact of environmental, social and governance agenda on tax
Suzanne Folsom & Christopher Burnham on Private Sector Lessons
Key takeaways - The United Nations Convention on the Law of the Sea (UNCLOS) and the 1994 Agreement relating to the Implementation of Part XI of UNCLOS (Implementation Agreement) established a general framework for Deep Sea...more
Even for the unpredictable world of business and human rights, 2024 was particularly volatile, including for sustainability more generally. The European Union’s (EU) Corporate Sustainability Due Diligence Directive (CSDDD)...more
We are pleased to share the November 2024 issue of Wilson Sonsini's Sustainability and ESG Advisory Practice Update. Each issue combines news, key legal developments, and resources related to sustainability and environmental,...more
The imminent decision by the European Union to postpone for a year its complex and multi‑faceted sustainability law, the Deforestation Regulation (EUDR), is something of a surprise. The EUDR requires, among other things, due...more
In the quest for a sustainable future, the United Nations’ Sustainable Development Goals (SDGs) represent goalposts, albeit lofty ones, that countries can aim for. These 17 interconnected goals address pressing global...more
The 28th Conference of the Parties (COP28) to the United Nations Framework Convention on Climate Change (UNFCCC) has commenced this week in Dubai, United Arab Emirates (UAE), and will run through December 12, 2023. The UAE is...more
ESG is understood to be an acronym for “environmental, social and governance,” but the term can be challenging because it’s used to describe similar but distinct communities of practice, including corporate social...more
The explosion of global business and human rights continued to resonate across the globe in 2022. Some of the business and human rights trends have been evident and growing for several years; others are relatively new. Many...more
In our previous post, we highlighted a number of global goals and campaigns aimed at addressing climate change. In this post, we examine climate change-oriented policies and initiatives that are being adopted by many...more
Key Takeaways: •The recently released IPCC Report shows irreversible harm to the global ecosystem. •Fund managers focused on ESG criteria will have an increased focus on environmentally conscious companies and substantial...more
This paper attempts to provide a definition and context for the term, Environmental, Social and Governance (“ESG”), explain how and why it is used, demonstrate how investors are driving the proliferation of ESG reporting,...more
In a significant development for ESG and corporate governance, BlackRock is now calling on the public companies it invests in to publish disclosures in line with the Sustainability Accounting Standards Board (SASB) and the...more
Post-crisis commercial mortgage-backed securities ("CMBS") issuance in Europe has been on the slow-burner with only a handful of transactions each year. The year 2018 saw European "CMBS 2.0" experience something of a revival...more
In 2015, the United Nations General Assembly adopted 17 sustainable development goals to be achieved by 2030 ("SDGs"). The SDGs include ending poverty and hunger, promoting gender equality, tackling climate change and...more