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New Regulations › Climate Change › Due Diligence

NAVEX

EU Regulations: The New Frontier for Business

NAVEX on

The European Union is a hotbed of regulatory activity, with new laws and directives constantly reshaping the business landscape. These changes can seem overwhelming, but understanding them is vital for any company operating...more

Jones Day

EU Corporate Sustainability Due Diligence Directive

Jones Day on

On April 24, 2024, the European Parliament voted to adopt the Corporate Sustainability Due Diligence Directive ("CS3D"). As described in a recent Jones Day Alert, this followed the Council of the European Union ("the...more

BCLP

The European Union Against Deforestation: the Companies Concerned Still Have 8 Months to Take Action

BCLP on

On December 30, 2024, the European regulation of May 31, 2023 on deforestation will come into force in all EU countries. The aim of these new rules, which are designed to combat the phenomenon of imported deforestation, is to...more

Jenner & Block

Client Alert: Corporate Sustainability Due Diligence Directive: Five Key Questions Answered

Jenner & Block on

On April 24, 2024, the European Parliament approved the Corporate Sustainability Due Diligence Directive (CS3D). The directive, which must be formally endorsed by the Council of the European Union (EU) before officially...more

J.S. Held

Crosscurrents—European Union Fails to Pass Corporate Sustainability Due Diligence Directive & SEC Bails on Scope 3 Requirements

J.S. Held on

Introduction - With the adoption by 196 parties of the Paris Agreement in December 2015, legally binding international climate change arrived. The Paris Agreement requires increasingly aggressive five-year cycles climate...more

Akin Gump Strauss Hauer & Feld LLP

European Parliament Approves CBAM, ETS Revision and Deforestation Rules

Akin Gump Strauss Hauer & Feld LLP on

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

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

Mitratech Holdings, Inc

The Impact of ESG in Corporate Culture, Investment and Global Regulations

Mitratech Holdings, Inc on

ESG is the future. Environmental, social and governance (ESG) risks are a pattern happening in all industries across the globe. In light of the increasing economic, social, political and climatic uncertainty the world...more

King & Spalding

ESG Regulation Watch: EU Developments

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The Sustainable Finance Disclosure Regulation (SFDR) - The SFDR is part of a package of measures introduced to implement the EU action plan on sustainable finance which aims to push more capital towards sustainable...more

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