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ESG Market Alert - April 2024

In this month’s round-up of the latest developments in ESG for UK clients, we cover: Belgium: Pioneer protecting the planet; David v Goliath: ClientEarth v Shell and the growing need to consider nature related risks as part...more

European Parliament adopts CS3D: New ESG litigation risks in the supply chain

The EU is implementing new regulations to hold companies liable for human rights and environmental violations within the global supply chain. On 24 April 2024, the European Parliament passed the Corporate Sustainability Due...more

Europäisches Parlament verabschiedet CS3D: Neue ESG-Litigationrisiken in der Lieferkette

Unternehmen haften künftig auch zivilrechtlich nach europäischen Vorgaben für Menschenrechts- und Umweltverletzungen entlang globaler Lieferketten. Am 24. April 2024 hat das Europäische Parlament die Corporate Sustainability...more

BHR update – Outcome of the last plenary session of the European Parliament

The last plenary session of the European Parliament – in its current composition before the next elections in June – took place from 22 to 25 April 2024. The session resulted in major developments, which will significantly...more

Last but not least, the EU Council voted to endorse the CS3D

On 15 March 2024, the European Council eventually voted to endorse the proposal for a Directive of the European Parliament and of the Council on Corporate Sustainability Due Diligence (CS3D), aiming to impose on certain...more

Failure of the EU Council to endorse the Corporate Sustainability Due Diligence Directive

While the European Parliament and Council negotiators eventually reached a political agreement on 14 December 2023 on the much-awaited proposal for a Directive of the European Parliament and of the Council on Corporate...more

EU Regulation on Deforestation Free Products – more of the same due diligence obligations?

The Regulation on Deforestation Free Products (EU Regulation 2023/1115; "Regulation") is a new mosaic and imposes stringent due diligence obligations to halt deforestation and promote global biodiversity. It prohibits the...more

Human rights due diligence moves apace with the EU Parliament expanded version of the proposed CSDDD

On 1 June 2023, the European Parliament adopted and put forward an amended version of the draft Corporate Sustainability Due Diligence Directive. It goes much further than the version proposed by the European Commission and...more

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