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Moves Made Toward a New Sustainability Reporting System in Europe: The Corporate Sustainability Reporting Directive

On November 28, 2022, the Council of the European Union (“EU”) approved the Corporate Sustainability Reporting Directive (“CSRD”), following adoption of the CSRD by the EU Parliament on November 10, 2022 — a major move toward...more

EU Sustainable Finance Taxonomy: Will Categorization Bring Clarity?

The European Union Taxonomy Regulation (the “Taxonomy”) entered into force on July 12, 2020, as part of the European Commission’s (the “Commission”) broader action plan on sustainable finance initiated in March 2018...more

The Poseidon Principles: Shipping Emissions Reduction Efforts Steer Into New Waters

In June 2018, the International Maritime Organization (“IMO”) announced the adoption of an initial strategy to reduce total greenhouse gas (“GHG”) emissions attributable to the international shipping sector by at least 50% by...more

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