News & Analysis as of

Climate Action Plan Environmental Social & Governance (ESG) European Commission

Cadwalader, Wickersham & Taft LLP

Cadwalader Climate - May 2024 #2

In this week’s edition, the European Commission contacted 20 airlines requiring them to address potentially misleading or inaccurate green claims. The International Sustainability Standards Board (ISSB) launched its digital...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

Cadwalader, Wickersham & Taft LLP

EU’s General Court Dismisses Action by MEP Against the Commission’s Inclusion of Nuclear Energy and Natural Gas in the EU Taxonomy

On June 21, 2023, the General Court of the European Union rejected an action brought by a Member of the European Parliament (MEP) seeking to annul European Commission legislation that identified certain activities related to...more

Cadwalader, Wickersham & Taft LLP

Greenpeace Sues European Commission Over Inclusion of Gas and Nuclear in EU Taxonomy

On April 18, 2023, eight Greenpeace organizations (the organizations) filed a lawsuit against the European Commission at the European Court of Justice following the Commission’s inclusion of natural gas and nuclear energy in...more

Cadwalader, Wickersham & Taft LLP

European Commission Launches Consultation on EU Climate Targets for 2040

The European Commission has launched a public consultation and a call for evidence seeking opinions on the EU’s intermediary climate targets for 2040. This is a scheduled step in the EU’s ambition to reach net-zero emissions...more

Cadwalader, Wickersham & Taft LLP

European Commission Aims to Tackle Greenwashing in Latest Proposal

On March 22, 2023, the European Commission unveiled a proposal, the Green Claims Directive, (Proposal) aimed at combating greenwashing and misleading environmental claims. By virtue of the Proposal, the EC is attempting to...more

King & Spalding

Nachhaltige Finanzierungen (Sustainable Finance) in der Kreditwirtschaft

King & Spalding on

Das Thema nachhaltige Finanzierung (Sustainable Finance) nimmt weiter an Fahrt auf und steht Anfang 2021 erneut im Fokus: diesseits des Atlantiks ist zum 10. März 2021 die EU-Offenlegungsverordnung in Kraft getreten, nach der...more

White & Case LLP

EU Sustainable Finance Regulation

White & Case LLP on

The EU sustainable finance market has developed organically, guided by voluntary but universally accepted principles. According to recent research, climate change could cost up to 19 per cent. of Global GDP by the end of...more

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