News & Analysis as of October 19, 2024

Green Deal

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The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -

Corporate Sustainability Due Diligence Directive: What Companies in Germany Need To Know

Skadden, Arps, Slate, Meagher & Flom LLP on 7/26/2024

The European Union’s Corporate Sustainability Due Diligence Directive (CSDDD or Directive) entered into force on July 25, 2024, establishing a framework for companies to address risks and adverse impacts on human rights and...more

European Digital Compliance: Key Digital Regulation & Compliance Developments - February 2024

Morrison & Foerster LLP on 2/5/2024

To help organizations stay on top of the main developments in European digital compliance, Morrison Foerster’s European Digital Regulatory Compliance team reports on some of the main digital regulatory and compliance...more

EU Parliament Adopts Stricter Measures to Safeguard Water Quality and Combat Pollution

Cadwalader, Wickersham & Taft LLP on 8/10/2023

On June 27, the European Parliament proposed amendments to legislation aimed at reducing pollution in Europe’s water bodies covering inland, transitional and coastal surface waters and groundwater, to better protect human...more

EU Aims to Reduce Net Emissions and Protect Biodiversity through Adoption of Carbon Sinks Goal

Cadwalader, Wickersham & Taft LLP on 4/7/2023

On March 14, 2023, the European Parliament gave its final approval for member nations to implement stricter national targets relating to emissions reduction and the protection and expansion of CO2-absorbing natural ecosystems...more

European Parliament Adopts Position on Deforestation Regulation

Latham & Watkins LLP on 9/28/2022

The adopted position would mean that financial institutions fall under the remit of the regulation, requiring them to conduct additional due diligence on both established and new customers. On 13 September 2022, the...more

You Better Watch Out: A New EU Corporate Sustainability Reporting Directive is Seeing the Day

Paul Hastings LLP on 7/26/2022

On June 21, 2022, the Council of the European Union (“European Council”) and European Parliament (“Parliament”) reached a provisional political agreement on the Corporate Sustainability Reporting Directive (“CSRD”). A copy of...more

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