The European Commission published an "Omnibus" package of proposed changes on 26 February, marking the start of a process that could result in significant changes to key EU laws on sustainability reporting, diligence and...more
3/10/2025
/ Carbon Emissions ,
Climate Change ,
Corporate Counsel ,
Corporate Governance ,
Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
Popular ,
Regulatory Reform ,
Regulatory Requirements ,
Reporting Requirements ,
Supply Chain ,
Sustainability ,
Taxonomy
In December 2024, representatives from the European Commission, Council of the EU and Parliament agreed a compromise that will delay the application of the Deforestation Regulation by 12 months....more
In recent years, sustainability and ESG compliance have become pivotal factors in consumer purchasing decisions. The fashion industry – from luxury to high street brands to online fast fashion retailers – as a significant...more
12/19/2024
/ Australia ,
Climate Change ,
Consumer Product Companies ,
Consumers ,
Environmental Social & Governance (ESG) ,
EU ,
EU Directive ,
Fashion Industry ,
France ,
Germany ,
Greenhouse Gas Emissions ,
Greenwashing ,
Italy ,
Legislative Agendas ,
Luxury Goods ,
Retail Market ,
Retailers ,
Sustainable Business Practices ,
UK ,
United States
On 19 November 2024, a new EU regulation prohibiting products made with forced labour from being sold on the Union market (the "Forced Labour Regulation") was formally adopted by the Council of the European Union. This was...more
In recent years, sustainability and ESG compliance have become pivotal factors in consumer purchasing decisions. The luxury fashion industry, as a significant contributor to CO2 emissions, faces increasing scrutiny in this...more
11/26/2024
/ Australia ,
Carbon Emissions ,
Commercial Litigation ,
Competition ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
EU ,
Fashion Industry ,
France ,
Germany ,
Greenwashing ,
Italy ,
Legislative Agendas ,
Luxury Goods ,
Popular ,
Regulatory Agenda ,
Reporting Requirements ,
Sustainability ,
UK ,
United States
Following pressure from global partners and stakeholders about the imminent entry into effect of the EU's 2023 regulation requiring that certain products sold in the EU be 'deforestation-free', the European Commission has...more
After a two-and-half-year legislative journey, the EU's Corporate Sustainability Due Diligence Directive ("CSDDD"), has been formally adopted, and was published in the EU Official Journal on 5 July 2024.1 It will come into...more
7/5/2024
/ Corporate Governance ,
Corporate Social Responsibility ,
Due Diligence ,
Enforcement ,
Environmental Policies ,
Environmental Social & Governance (ESG) ,
EU ,
Human Rights ,
New Rules ,
Penalties ,
Popular ,
Proposed Rules ,
Regulatory Agenda ,
Regulatory Requirements ,
Sustainability
The Taskforce on Nature-related Financial Disclosures ("TNFD") released its final framework (the "TNFD Framework") on September 18. The TNFD Framework encourages organisations to integrate nature into decision-making and...more
11/9/2023
/ Biodiversity ,
Climate Action Plan ,
Climate Change ,
Corporate Governance ,
Environmental Social & Governance (ESG) ,
EU ,
Financing ,
Framework Agreement ,
Regulatory Agenda ,
Reporting Requirements ,
Sustainability
The European Commission has proposed a directive on regulating so-called 'Green Claims', that lays down detailed rules on the substantiation, communication and verification of voluntary environmental claims and environmental...more
The United States, the European Union, and Germany have recently adopted or proposed new rules requiring enhanced due diligence in supply chains, targeting human rights and environmental issues. This alert examines key...more
2/24/2023
/ Civil Monetary Penalty ,
Compliance ,
Customs and Border Protection ,
Due Diligence ,
Enforcement ,
Environmental Social & Governance (ESG) ,
EU ,
Forced Labor ,
Germany ,
Human Rights ,
Imports ,
Penalties ,
Popular ,
Proposed Rules ,
Supply Chain ,
Uyghur Forced Labor Prevention Act (UFLPA) ,
Withhold Release Orders (WROs)
The Corporate Sustainability Reporting Directive ("CSRD") was published in the Official Journal of the European Union on 16 December 2022, having been formally adopted by the European Parliament and Council of the European...more
Russia's actions in Ukraine fueled an unprecedented rally in mineral and metal prices earlier this year, with multiple metals breaking historical records. However, this rally was short-lived. Within six months, metal prices...more
10/3/2022
/ Corporate Counsel ,
Corporate Governance ,
Energy Sector ,
Environmental Social & Governance (ESG) ,
Global Economy ,
Global Market ,
Green Energy ,
Investment ,
Investors ,
Metals ,
Mining ,
Popular ,
Sustainability