The EU’s sustainability reporting and due diligence landscape is in flux following the European Commission’s adoption of its highly anticipated Sustainability Omnibus package in late February 2025.
In recent bulletins, we...more
5/16/2025
/ Corporate Sustainability Reporting Directive (CSRD) ,
Due Diligence ,
Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
Popular ,
Proposed Legislation ,
Regulatory Reform ,
Reporting Requirements ,
Small and Medium-Sized Enterprises (SMEs) ,
Sustainability
A recent announcement by the European Commission of 47 Strategic Projects is set to boost the bloc’s domestic supply of raw materials, strengthening its battery and defense value chains and presenting substantial potential...more
5/13/2025
/ Energy Policy ,
Energy Projects ,
Energy Sector ,
EU ,
European Commission ,
Green Deal ,
Investment ,
Mining ,
Regulatory Agenda ,
Regulatory Requirements ,
Supply Chain
The European Commission formally adopted its proposals for amending the Corporate Sustainability Reporting Directive (“CSRD”) in late February 2025, as part of its highly anticipated sustainability Omnibus package. In this...more
3/10/2025
/ Climate Change ,
Corporate Governance ,
Corporate Social Responsibility ,
Corporate Sustainability Reporting Directive (CSRD) ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
Regulatory Requirements ,
Reporting Requirements ,
Sustainability
At COP29 in Baku, new rules were adopted for carbon markets under Article 6 of the Paris Agreement. These rules are meant to increase the transparency of the country-to-country trading of carbon credits under Article 6.2....more
2/28/2025
/ Carbon Emissions ,
CFTC ,
Climate Change ,
Compliance ,
Enforcement Actions ,
Environmental Policies ,
EU ,
Germany ,
Greenhouse Gas Emissions ,
Popular ,
Sustainability
More competitiveness, more coherence and less administrative burden – these are key political priorities for the new European Commission (the Commission) which took office last December. One of the earliest moves under the...more
1/17/2025
/ Climate Change ,
Corporate Governance ,
Corporate Social Responsibility ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
EU ,
Regulatory Agenda ,
Regulatory Reform ,
Reporting Requirements ,
Sustainability ,
Sustainable Business Practices
This is an update to previous bulletins on the Corporate Sustainability Due Diligence Directive (CS3D) which we published in June and September 2024.
In a decisive move that marks a new chapter for corporate...more
12/17/2024
/ Climate Change ,
Corporate Governance ,
Corporate Social Responsibility ,
Disclosure Requirements ,
Due Diligence ,
Environmental Social & Governance (ESG) ,
EU ,
EU Directive ,
Member State ,
Reporting Requirements ,
Sustainability ,
Sustainable Business Practices
In this article, we provide an overview of country-led and private sector-driven key developments surrounding the recent United Nations Biodiversity Conference (COP16). The world is progressively recognizing that biodiversity...more
11/15/2024
/ Biodiversity ,
Climate Change ,
Contaminated Properties ,
COP ,
Corporate Governance ,
Disclosure Requirements ,
Environmental Policies ,
Environmental Social & Governance (ESG) ,
EU ,
Private Equity ,
Regulatory Agenda ,
Sustainable Finance ,
Transparency ,
UK ,
United Nations
The U.S. Environmental Protection Agency (EPA) recently took two significant actions on per- and polyfluoroalkyl substances (PFAS).
First, it issued final National Primary Drinking Water Regulations (NPDWR) for six PFAS...more
With Parliamentary elections and a series of national votes in 2024, the EU is entering a pivotal period in its history. In this study, ‘Global business in a changing Europe’, we speak to corporate leaders across the world to...more
3/22/2024
/ Acquisitions ,
Artificial Intelligence ,
Asset Management ,
Capital Markets ,
Competition ,
Corporate Governance ,
Energy Sector ,
Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
Global Market ,
Greenhouse Gas Emissions ,
Investment ,
Investment Management ,
Investors ,
Merger Controls ,
Mergers ,
Net Zero ,
Regulatory Agenda ,
Risk Management ,
Sustainability
Government backing is critical to tilt markets in favour of green energy. But to incentivise the innovation required, we have to reflect on past failures.
In his 2021 book How to Avoid a Climate Disaster, Bill Gates coined...more
3/7/2024
/ Carbon Capture and Sequestration ,
Climate Change ,
Corporate Governance ,
Economic Reform ,
Energy Sector ,
Environmental Policies ,
Environmental Social & Governance (ESG) ,
EU ,
Green Energy ,
Net Zero ,
Power Purchase Agreements ,
Regulatory Agenda ,
Sustainability ,
Technology Sector
Creating an effective regulatory framework will be critical to deliver Net Zero. But does that mean more – or less – regulation?
From trade agreements to taxonomies, carbon adjustment mechanisms to corporate sustainability...more
3/7/2024
/ Asia Pacific ,
Carbon Capture and Sequestration ,
Climate Change ,
Corporate Governance ,
Corporate Social Responsibility ,
Energy Sector ,
Environmental Policies ,
Environmental Social & Governance (ESG) ,
EU ,
Financial Institutions ,
Financial Services Industry ,
Global Economy ,
Global Market ,
Infrastructure ,
Investment Funds ,
Investment Management ,
Investors ,
Middle East ,
Net Zero ,
Regulatory Agenda ,
Regulatory Requirements ,
Renewable Energy ,
Sustainability ,
Taxonomy ,
Technology Sector ,
UK ,
United States
The U.S. Treasury Department (Treasury) and the Internal Revenue Service (the IRS) issued proposed regulations on December 22, 2023, providing initial guidance on the clean hydrogen tax credit under section 45V (the 45V...more
1/9/2024
/ Department of Energy (DOE) ,
Energy Projects ,
Energy Sector ,
EU ,
Greenhouse Gas Emissions ,
Hydrogen Power ,
Internal Revenue Code (IRC) ,
International Trade Commission (ITC) ,
Investment Tax Credits ,
IRS ,
Production Tax Credit ,
Proposed Regulation ,
Renewable Energy ,
Tax Credits ,
U.S. Treasury
The dynamics of the new space race significantly increase disputes risks as space becomes more congested and the competition to get ahead intensifies.
Until recently, the thought of humans reaching outer space as tourists...more
Exploiting natural resources, manufacturing products and growing food in space are now well within the realms of possibility. Identifying, assessing and mitigating disputes risks arising from these activities pose a...more
10/4/2023
/ Contract Disputes ,
EU ,
Intellectual Property Protection ,
Legislative Agendas ,
Mining ,
Natural Resources ,
Outer Space ,
Popular ,
Risk Mitigation ,
Supply Chain ,
UK
The EU Regulation establishing a carbon border adjustment mechanism (CBAM) is designed to drive businesses to achieve a true global reduction in greenhouse gas (GHG) emissions instead of relocating carbon-intensive production...more
10/3/2023
/ Carbon Emissions ,
Climate Change ,
Cross-Border Transactions ,
Environmental Social & Governance (ESG) ,
EU ,
Greenhouse Gas Emissions ,
Importers ,
International Trade ,
New Regulations ,
Regulatory Reform ,
Regulatory Requirements ,
Taxation
On 17 May 2023, the EU Regulation establishing a carbon border adjustment mechanism (the CBAM Regulation) came into force. The CBAM Regulation will become applicable in phases, with provisions applying from 1 October 2023, 31...more
It’s not easy being green: the European Commission has published its long-awaited proposal for the Green Claims Directive to enhance consumer protection against greenwashing....more
Any good Shakespearian drama comes in at least five acts. The long-awaited Delegated Acts under Articles 27 and 28 of RED II are no exception. In what could be the fourth act, the Acts were finally adopted by the European...more
Supply chains enable production and progress, but their contribution to climate change is significant. Making them more sustainable in every sense is critical to decarbonisation....more
On 18 May 2022, the European Commission has presented the REPowerEU Plan envisaging the transformation of Europe’s energy system in light of the energy market disruption caused by Russia’s invasion of Ukraine.
...more
Next level of discussions regarding clean hydrogen in the EU and how it compares to the emerging regime in the UK. The Renewable Energy Directive 2018/2001/EU (RED II) came into force in December 2018 as part of the “Clean...more
Paving the way to a sustainable business community in the EU.
On 23 February 2022, the European Commission (the EC) published the long-awaited proposal for a Directive on Corporate Sustainability Due Diligence (the...more
With significant fanfare, on 8 February 2022, the European Commission (the Commission) published its proposal for an EU Chips Act (the Act). The Commission President, Ursula von der Leyen, proclaimed the proposed Act a “game...more
On 21 December 2021, the European Parliament’s (EP) Committee on the Environment, Public Health and Food Safety (the Committee) published its Draft Report on the proposal for a Regulation of the European Parliament and of the...more
More activity and more private actors in space means more disputes. Understand how and where those disputes will be resolved to prepare your business. Our global experts bring together multi-sectoral expertise to assess the...more