The Commission has proposed a package of measures compiled in a so-called Omnibus Directive aiming at simplifying substantial elements of the EU’s sustainability regulatory framework (see draft law). This includes amendments...more
In the EU, the new year brings on the one hand hope for relief regarding ESG reporting and disclosure obligations (I. below). On the other hand, the EU Deforestation Regulation (EUDR) will create new burdens for many...more
1/20/2025
/ Compliance ,
Disclosure Requirements ,
Documentation ,
Due Diligence ,
Environmental Policies ,
Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
Germany ,
Omnibus Guidance ,
Regulatory Requirements ,
Reporting Requirements ,
Risk Management ,
SFDR ,
Small and Medium-Sized Enterprises (SMEs) ,
Supply Chain ,
Sustainability
In der EU lässt das neue Jahr einerseits auf Entlastungen bei den ESG-Berichterstattungs- und Offenlegungspflichten hoffen (unten I.). Andererseits wird die EU-Entwaldungsverordnung (EUDR) für viele Unternehmen neuen Aufwand...more
1/20/2025
/ Disclosure Requirements ,
Documentation ,
Due Diligence ,
Environmental Policies ,
Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
Omnibus Guidance ,
Regulatory Requirements ,
Reporting Requirements ,
Risk Management ,
SFDR ,
Small and Medium-Sized Enterprises (SMEs) ,
Supply Chain ,
Sustainability
On May 24, 2024, the CS3D was finally formally adopted by the Council, which marks the final step of a long and winding legislative process. This legislative process had begun in February 2022 with the Commission’s proposal....more
On November 28, 2022, the European Council gave its final approval to a new Corporate Sustainability Reporting Directive (CSRD). Once transposed into the laws of the EU members states, the new set of rules will replace the...more
On March 3, 2021, the German Federal Cabinet adopted an act on corporate due diligence obligations in supply chains (“Due Diligence Act”; sometimes also referred to as “Supply Chain Act”) (“Government Draft”). The Government...more
3/29/2021
/ Civil Claims ,
Discrimination ,
Due Diligence ,
EU ,
Export Controls ,
Forced Labor ,
Germany ,
Human Rights ,
Labor Ministry ,
Reasonable Best Efforts ,
Remedial Actions ,
Reporting Requirements ,
Risk Management ,
Sanctions ,
Slavery ,
Suppliers ,
Supply Chain ,
Workplace Hazards