Recent years have seen an ever increasing density of ESG regulation on the national, European and global level. With significant regulations already or about to enter into force, enforcement actions on different levels,...more
Recent years have seen an ever increasing density of ESG regulation on the national, European and global level. With significant regulations already or about to enter into force, enforcement actions on different levels,...more
The draft bill prohibits U.S. entities deemed integral to national interests from complying with foreign sustainability due diligence regulations. The draft bill particularly targets the EU’s Corporate Sustainability Due...more
For the last few months the European Commission has been working to bring together a proposal to amend the Corporate Sustainability Reporting Directive (CSRD), the Corporate Sustainability Due Diligence Directive (CS3D), the...more
As we enter 2025, ESG compliance is continuing to become a strategically important mandatory regulatory requirement for businesses. Despite some ESG backlashes in the political arena both in the US and the EU, 2025 marks a...more
Unternehmen haften künftig auch zivilrechtlich nach europäischen Vorgaben für Menschenrechts- und Umweltverletzungen entlang globaler Lieferketten. Am 24. April 2024 hat das Europäische Parlament die Corporate Sustainability...more
The last plenary session of the European Parliament – in its current composition before the next elections in June – took place from 22 to 25 April 2024. The session resulted in major developments, which will significantly...more
On 15 March 2024, the European Council eventually voted to endorse the proposal for a Directive of the European Parliament and of the Council on Corporate Sustainability Due Diligence (CS3D), aiming to impose on certain...more
While the European Parliament and Council negotiators eventually reached a political agreement on 14 December 2023 on the much-awaited proposal for a Directive of the European Parliament and of the Council on Corporate...more
2023 has seen a rise of a range of ambitious ESG regulations especially in the EU. Due to the ongoing transition from a soft law to a hard law environment cast in national and supranational laws and regulations,...more
The Regulation on Deforestation Free Products (EU Regulation 2023/1115; "Regulation") is a new mosaic and imposes stringent due diligence obligations to halt deforestation and promote global biodiversity. It prohibits the...more
On 1 June 2023, the European Parliament adopted and put forward an amended version of the draft Corporate Sustainability Due Diligence Directive. It goes much further than the version proposed by the European Commission and...more
On 14 October 2022, the Federal Ministry for Economic Affairs and Export Control (Bundesamt für Wirtschaft und Ausfuhrkontrolle; “BAFA”), has published its long-awaited questionnaire concerning the fulfilment of the reporting...more