In 2018, the European Commission set forth a classification system to determine whether businesses are environmentally sustainable. The EU Taxonomy followed the legalistic style of the French Civil Code and flummoxed...more
4/17/2025
/ Climate Change ,
Environmental Policies ,
EU ,
European Commission ,
Financial Services Industry ,
Investment ,
Popular ,
Regulatory Requirements ,
Sustainability ,
Sustainable Finance ,
Taxonomy
European Central Bank President Mario Draghi’s report The Future of European Competitiveness highlights the need for a regulatory environment that enhances Europe’s competitiveness and resilience. Similarly, the Budapest...more
The first EU Omnibus packages, introduced by the European Commission on February 26, 2025, consolidate proposals across multiple legislative areas, focusing on simplifying regulations in corporate sustainability reporting,...more
On January 27, 2025, N.Y Sen. Brad Hoylman-Sigal (D), introduced Senate Bill 3456 (“SB 3456”) calling for the adoption of the Climate Corporate Data Accountability Act (“CCDAA”). The bill is substantively identical to...more
2/13/2025
/ California ,
Climate Change ,
Constitutional Challenges ,
Disclosure Requirements ,
Enforcement ,
Enforcement Actions ,
Environmental Policies ,
Greenhouse Gas Emissions ,
New Legislation ,
New York ,
Regulatory Requirements ,
Reporting Requirements ,
State and Local Government ,
Sustainability
The briefing contains a mapping exercise and analysis of the approach taken by the European Supervisory Authorities and the U.K.’s Financial Conduct Authority to address risks or concerns relating to such greenwashing. The...more
1/30/2025
/ Climate Change ,
EIOPA ,
Enforcement Actions ,
Environmental Social & Governance (ESG) ,
EU ,
European Securities and Markets Authority (ESMA) ,
False Claims Act (FCA) ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
Green Finance ,
Greenwashing ,
SFDR ,
Sustainability ,
UK ,
UK Competition and Markets Authority (CMA)
On April 5th, 2019, environmental activist group Milieudefensie (Friends of the Earth) Netherlands and co-plaintiffs served Shell a court summons alleging Shell’s contributions to climate change violated its duty of care...more
1/9/2025
/ Appeals ,
Carbon Emissions ,
Climate Change ,
Environmental Policies ,
Environmental Social & Governance (ESG) ,
EU ,
Greenhouse Gas Emissions ,
Human Rights ,
Litigation Strategies ,
Oil & Gas ,
Paris Agreement ,
Sustainability
In an effort to advance a global carbon market, the parties to COP 29 — the United Nations climate conference hosted by Azerbaijan this year — approved important standards for such a market to be developed under Article 6.4...more
In order to reach its “net-zero” goals, the European Union is continuing to build out a regulatory framework focused on scaling up the investment into the manufacturing and development of “net-zero technologies”. The latest...more
9/12/2024
/ Carbon Capture and Sequestration ,
Carbon Emissions ,
Clean Energy ,
Climate Change ,
Environmental Social & Governance (ESG) ,
EU ,
Geothermal Energy ,
Green Deal ,
Net Zero ,
Regulatory Agenda ,
Sustainability
Executive Summary and Overview-
State anti-ESG lawmakers have enacted legislation aimed at restricting investors from considering ESG factors in their investment strategies and decisions by requiring state financial...more
4/3/2024
/ Climate Change ,
Corporate Governance ,
Department of Labor (DOL) ,
Employee Retirement Income Security Act (ERISA) ,
Environmental Social & Governance (ESG) ,
Fiduciary Duty ,
Investment ,
Investment Advisers Act of 1940 ,
Pecuniary Losses ,
Popular ,
Sustainability
Please see chart below for more information....more
3/21/2024
/ Climate Change ,
Corporate Governance ,
Corporate Social Responsibility ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
EU ,
Form 10-K ,
Greenhouse Gas Emissions ,
Popular ,
Reporting Requirements ,
Securities and Exchange Commission (SEC) ,
Sustainability ,
Sustainable Business Practices