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
In the first Omnibus packages, introduced on February 26, 2025, the European Commission (EC) has (among other proposals, which we have covered in detail here) proposed changes to streamline the Carbon Border Adjustment...more
4/10/2025
/ Carbon Emissions ,
EU ,
European Commission ,
Greenhouse Gas Emissions ,
Imports ,
Popular ,
Proposed Rules ,
Regulatory Reform ,
Regulatory Requirements ,
Small and Medium-Sized Enterprises (SMEs) ,
Threshold Requirements
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