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ESG compliance – Current state, global trends, and outlook 2026

This publication examines the latest developments in ESG compliance, focusing on the current state, global trends, and the outlook for 2026. It discusses the recent slowdown in new EU ESG regulations, such as the revision and...more

EU – Provisional Agreement on Omnibus Simplification Package for CSRD and CSDDD – a Closer Look at the Draft Available

The EU is edging closer and closer to final agreement in relation to the omnibus simplification package on corporate sustainability reporting and due diligence. In the last couple of days the Member States' Ambassadors have...more

EU – Council and Parliament Reach Provisional Agreement on Omnibus Simplification Package for CSRD and CSDDD – What Has Changed?

At the end of November, trilogue negotiations opened. Now just a couple of weeks later the Council's presidency and the European Parliament negotiators have reached a provisional agreement on the omnibus simplification...more

EFRAG Provides Its Technical Advice on Draft Simplified ESRS to the European Commission

On 3 December 2025, EFRAG provided its technical advice on draft simplified European Sustainability Reporting Standards (“ESRS”) to the European Commission. The revised ESRS deliver a “reduction of burden for companies” under...more

EU SFDR 2.0 – Sustainable Finance Disclosure Regulation Review – What Changes Are on the Horizon?

On 20 November 2025, the European Commission published a proposal to amend the SFDR. The proposal, if agreed, would repeal the existing SFDR primary and delegated regulations and would amend the Packaged Retail and...more

Opening of the trilogue: What’s at stake for CSRD and CS3D?

On 18 November 2025, the trilogue process started on the “omnibus” proposal, initially presented by the Commission in February. The package aims to simplify aspects of the Green Deal, particularly CSRD and CS3D, with the...more

EFRAG launch consultation on simplified European Sustainability Reporting Standards (ESRS) under the Corporate Sustainability...

On 31 July 2025, EFRAG launched its 60-day consultation on the Exposure Drafts of the revised and simplified European Sustainability Reporting Standards (“ESRS”) for those reporting under the Corporate Sustainability...more

EU Omnibus updates – Corporate Sustainability Reporting Directive (CSRD) “quick fix” amendments adopted by European Commission

On 11 July 2025, the European Commission adopted a targeted “quick fix” for companies currently reporting under the Corporate Sustainability Reporting Directive (“CSRD”). The “quick fix” will apply to companies that started...more

UK consultation: Exposure draft of UK Sustainability Reporting Standards: UK SRS S1 and UK SRS S2

On 25 June 2025, the UK Department for Business and Trade published a consultation on the exposure draft of the UK Sustainability Reporting Standards: UK SRS S1 and UK SRS S2. The consultation seeks views on draft UK...more

EFRAG delivers progress report on ESRS simplification to the European Commission giving clues to ESRS changes and Omnibus updates

On 20 June 2025, EFRAG published its progress report to the European Commission on EFRAG's progress on its work plan. It sets out the work it has done so far on the simplification and burden reduction levers that were...more

EU Omnibus update – draft report published by Jörgen Warborn MEP and EFRAG simplified ESRS exposure drafts

With negotiations continuing at both European Parliament and Council of the European Council level, final agreement on the omnibus proposals for sustainability reporting and due diligence still seems far away. But...more

SFDR enforcement: Danish regulator says “Managers need to be better at ensuring that their investments are truly sustainable”

In a statement on 21 March 2024, the Danish Financial Supervisory Authority advised providers of sustainable investment products to ensure that their internal processes comply with sustainable investment requirements. It...more

EU Omnibus simplification package update – what's next in terms of timing and process for the Council and Parliament?

On 26 February 2025, the European Commission published its proposals for to postpone the application of the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CS3D)...more

EU Omnibus simplification package – corporate sustainability reporting and due diligence. What's next for the CSRD and the CS3D?

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

Where next for the EU omnibus simplification package? Hogan Lovells offers you an ESG regulatory tracker to keep up-to-date

2025 was set to be the year of bedding in EU ESG regulation after a few years of making it. But instead it looks like there may be changes afoot. “Competitiveness” and “cutting the red tape” are the words on everyone’s lips...more

UK/EU/International ESG Regulation Monthly Round-Up – December 2024

As we enter into 2025, we look back to ESG regulatory developments in December 2024 and reflect on the expected legislation for the coming year. We anticipate more regulatory initiatives in 2025, particularly in the UK. In...more

UK/EU/International ESG Regulation Monthly Round-Up – November 2024

In November, we got a tantalizing glimpse into what the future looks like for sustainable finance in the UK in the annual Mansion House speech. We highlight some of the key ESG regulatory announcements below. November also...more

Green STS securitisations moving forward with standardised sustainability disclosures

On 8 July 2024, the European Commission Delegated Regulation (EU) 2024/17001 entered into force, providing long-awaited regulatory technical standards (RTS) as mandated under Articles 22(6) and 26d(6) of the EU Securitisation...more

UK/EU/International ESG Regulation Monthly Round-Up – October 2024

October was a busy month. COP 16 on Biodiversity was held at the end of the month, the UK Autumn Budget was heard on 30 October 2024, and the UK focused Transition Finance Market Review was published. All this has been...more

Three months on from the CSRD transposition deadline – where are we now?

With the deadline to transpose the requirements of the Corporate Sustainability Reporting Directive (EU) 2022/2464 (CSRD) into national law expiring on 6 July 2024, we have reviewed and summarised the transposition status for...more

UK/EU/International ESG Regulation Monthly Round-Up – September 2024

This month, amidst the Labour party conference in the UK, we have seen a number of policy initiatives communicated via speeches and followed up with official government announcements, for example announcing the upcoming...more

UK/EU/International ESG Regulation Monthly Round-Up – August 2024

Although we might have expected a complete lull over the Summer, there has still been activity in the ESG regulatory world. In the UK, we have seen a continuation of the work on the sustainable disclosure requirements regime...more

FCA offers flexibility for Sustainability Disclosure Requirements (SDR) ‘naming and marketing’ rules compliance

On 9 September 2024, the FCA confirmed that it is offering “limited temporary flexibility” until 2 April 2025 for firms to comply with the ‘naming and marketing’ rules under the UK Sustainability Disclosure Requirements....more

European Commission publishes draft FAQs on EU Corporate Sustainability Reporting Directive (CSRD)

On 7 August 2024, the European Commission published draft FAQs on the Corporate Sustainability Reporting Directive (CSRD) clarifying the interpretation of certain provisions within the CSRD, the European Sustainability...more

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