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Sustainable Business Practices Risk Management

Latham & Watkins LLP

China’s Ministry of Finance Publishes Corporate Sustainability Disclosure Standards

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The Standards provide a framework for all Chinese companies’ sustainability disclosures and the applicability extends beyond listed companies. On May 27, 2024, China’s Ministry of Finance published the new Corporate...more

K&L Gates LLP

Carbon Quarterly – Volume 8

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Carbon Quarterly is a newsletter covering developments in carbon policy, law, and innovation. No matter your views on climate change policy, there is no avoiding an increasing focus on carbon regulation, resiliency planning,...more

WilmerHale

Corporate Sustainability Due Diligence Directive: Final Sprint to the Finish Line

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The EU legislature has finally reached an agreement on the text of the Corporate Sustainability Due Diligence Directive (CS3D) (see here our previous client alert). The CS3D profoundly affects the ways companies active in...more

Epiq

Why Sustainability and Why Now?

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Sustainability is not a new concept. Environmental, social, and corporate governance (ESG) was created as a term back in 2004 in a report called “Who Cares Wins,” which was an initiative created by the United Nations. The ESG...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

White & Case LLP

Mandatory climate-related financial disclosures proposed for Australia

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Following two rounds of consultation, the Australian Government has released an exposure draft of the Treasury Laws Amendment Bill 2024: Climate related financial disclosure (Draft Bill) which would introduce mandatory,...more

K&L Gates LLP

Is 'Freedom-Washing' the New Greenwashing, and What are its Legal Consequences?

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Companies will often make representations about modern slavery as part of their environmental, social and governance (ESG) measures.  In this article, we consider whether potentially false or misleading claims about modern...more

Latham & Watkins LLP

Recent Developments for UK PLCs - October Edition

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Companies Invited to Voluntarily Adopt New Nature-related Financial Disclosure Framework - On 18 September 2023, the Taskforce on Nature-related Financial Disclosures (TNFD) published its final recommendations for...more

Latham & Watkins LLP

TNFD Publishes Finalized Recommendations for Nature Related Disclosures

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On September 18, 2023, the Taskforce on Nature-related Financial Disclosures (TNFD) published recommendations for organizations’ assessment, management, and disclosure of nature-related issues (the Recommendations). These...more

NAVEX

5 Reasons SMBs Should Focus on ESG

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Today, society has increasing expectations of the role businesses should play in tackling some of the planet’s biggest challenges, such as climate change and social justice issues. Environmental, social and governance is a...more

WilmerHale

Avoid Contributing to Ecocide - Know Your Supply Chain

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Sustainability has risen to the top of the agenda for businesses around the world. Governments, investors and the public demand that organisations play a part in the global push to eliminate, or at least limit, the...more

K&L Gates LLP

Litigation Minute: Greenwashing Case Highlights Threat of ESG Litigation to Agribusinesses (ESG in Litigation Series: Part Five of...

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Agribusinesses face increasing scrutiny of their Environmental, Social and Governance (ESG) practices from advocacy groups as well as customers. The recent decision in Usler v. Vital Farms, Inc. highlights how advocacy groups...more

The Volkov Law Group

The Demand for Sustainability and Risk Management

The Volkov Law Group on

The COVID-19 pandemic uncovered the fragility of business operations – within the space of weeks, companies were forced to adjust to distribution channel and supply chain disruptions, workplace closings, and a virtual...more

Thomas Fox - Compliance Evangelist

Statement on the Purpose of a Corporation and What It Means for the Compliance Profession

On Monday, the Business Roundtable announced the release of the Statement on the Purpose of a Corporation(The Statement). The new Statement was signed by 181 Chief Executive Officers (CEOs) who committed to lead their...more

Parker Poe Adams & Bernstein LLP

Sustainability Reporting–Something to Consider

It’s common knowledge that investors, analysts and other stakeholders view certain non-financial information as increasingly important indicators of a company’s long-term value. This information tends to be grouped into three...more

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