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Sustainability and ESG Advisory Practice Update, August 2023

Federal Energy Regulatory Commission (FERC) Adopts Major Generator Interconnection Reforms - Last month, FERC Commissioners unanimously approved Order No. 2023 (the Order), which represents a significant reform to its...more

Sustainability and ESG Advisory Practice Update, July 2023

Environmental Protection Agency (EPA) Completes the Launch of Greenhouse Gas Reduction Fund Opportunities - On July 14, 2023, the EPA announced two notice of funding opportunities for up to $20 billion. Up to $14 billion...more

Sustainability Initiatives Get a Green Light in European Commission’s Revision of Rules on Collaboration Among Competitors

The EU’s rulebook on cooperation among competitors, which has been in place for over a decade, has recently undergone a revision with the European Commission (EC) adopting a new framework on June 1, 2023, that includes...more

European Council Adopts New “Fit for 55” Laws

Overview of EU “Fit for 55” The European Union (EU) recently enacted five laws in furtherance of its “Fit for 55” legislative package, which aims to ensure that EU policies are in line with EU’s climate targets of reducing...more

EU's ESG Push Goes Global: Significant Expansion of Corporate Sustainability Reporting for Companies Active in the EU

The Corporate Sustainability Reporting Directive (CSRD) entered into force on January 5, 2023. The CSRD significantly broadens the existing EU regime for non-financial disclosure requirements currently governed by...more

U.S. Legislators and State Attorneys General Raise Antitrust Concerns Regarding ESG Collaborations

Over the past year, U.S. legislators and state attorneys general (AGs) have raised concerns that collaborations among firms to achieve environmental, social, and governance (ESG) goals are violations of the antitrust laws. As...more

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