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European Parliament Due Diligence Climate Change

Latham & Watkins LLP

European Parliament Votes to Postpone Deforestation Regulation to 2025 and Proposes Additional Amendments

Latham & Watkins LLP on

The vote follows the European Commission’s proposal to delay application of the regulation by one year. On 14 November 2024, the European Parliament (Parliament) voted in favour of the European Commission’s (Commission) ...more

Skadden, Arps, Slate, Meagher & Flom LLP

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

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

Mayer Brown

Human Rights and the Environment: what to expect from the Corporate Sustainability Due Diligence Directive?

Mayer Brown on

Following weeks of uncertainty, the Corporate Sustainability Due Diligence Directive ("CS3D") was finally adopted by the Council of the European Union ("Council") on March 15, 2024. ...more

Akin Gump Strauss Hauer & Feld LLP

European Parliament Approves CBAM, ETS Revision and Deforestation Rules

With 487 votes in favor to 81 against and 75 abstentions, the European Parliament voted yesterday to adopt a regulation on a Carbon Border Adjustment Mechanism (CBAM). Negotiators for the Parliament and the Council of the...more

Hogan Lovells

Giving deforestation the ax – The proposed regulation on deforestation-free products

Hogan Lovells on

On September 13, 2022, the European Parliament voted to adopt a regulation on deforestation-free products (Proposal for a Regulation on the making available on the Union market as well as export from the Union of certain...more

Latham & Watkins LLP

European Parliament Adopts Position on Deforestation Regulation

Latham & Watkins LLP on

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

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