News & Analysis as of

Sustainability European Parliament

Skadden, Arps, Slate, Meagher & Flom LLP

Corporate Sustainability Due Diligence Directive: What Companies in Germany Need To Know

The European Union’s Corporate Sustainability Due Diligence Directive (CSDDD or Directive) entered into force on July 25, 2024, establishing a framework for companies to address risks and adverse impacts on human rights and...more

Katten Muchin Rosenman LLP

Financial Markets and Funds Quick Take | Issue 26

Katten's Financial Markets and Funds Quick Take is a monthly newsletter highlighting key noteworthy developments potentially affecting financial markets and funds....more

Littler

EU Parliament Votes in Favor of the European Supply Chain Due Diligence Directive (CSDDD)

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On Wednesday, April 24, 2024, the EU member states in the EU Parliament voted in favor of the European Supply Chain Directive (Corporate Sustainability Due Diligence Directive – CSDDD). This is one of the final steps in a...more

Latham & Watkins LLP

EU Parliament Approves Supply Chain Sustainability Rules

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On 24 March 2024, the European Parliament approved the Corporate Sustainability Due Diligence Directive (CSDDD) with a vote of 374 in favour (compared with 235 votes against and 19 abstentions)....more

Mintz

EU Imposes ESG Compliance Requirements for Companies' Supply Chains

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The European Parliament has now approved the “Corporate Sustainability Due Diligence Directive,” which will apply to both EU companies and to non-EU companies doing business in the European Union. (There is a phased...more

King & Spalding

EU Council Approves Corporate Sustainability Due Diligence Directive

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On 15 March 2024, the European Council approved the Corporate Sustainability Due Diligence Directive (“CSDDD” or “Directive”). If approved by the European Parliament and entered into force, the CSDDD will require large EU and...more

Paul Hastings LLP

New Regulatory Era for English Football

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On March 19, 2024, the U.K. government proposed legislation, known as the “Football Governance Bill”, which will introduce a new Independent Football Regulator (“IFR”). In short, and subject to ongoing Parliamentary debate,...more

Mayer Brown

Human Rights and the Environment: what to expect from the Corporate Sustainability Due Diligence Directive?

Mayer Brown on

Following weeks of uncertainty, the Corporate Sustainability Due Diligence Directive ("CS3D") was finally adopted by the Council of the European Union ("Council") on March 15, 2024. ...more

Latham & Watkins LLP

EU Member States Reach Agreement on Corporate Due Diligence Directive

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Following extended negotiations, the directive was endorsed with a significantly narrower scope that would reduce the number of companies affected. On 15 March 2024, EU Member States endorsed the Belgian Presidency’s...more

Latham & Watkins LLP

European Parliament and Council Reach Political Agreement on Right to Repair Directive

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The directive aims to reduce waste and bolster the repair sector. On 2 February 2024, the European Parliament (Parliament) and European Council (Council) reached a provisional deal on a directive promoting the repair of...more

Ius Laboris

EU takes important step on supply chain due diligence

Ius Laboris on

The European Commission and European Parliament recently reached agreement on the details of a new Corporate Sustainability Due Diligence Directive. The Directive will require large organisations to implement due diligence...more

Paul Hastings LLP

EU Legislators Reach Provisional Agreement on Corporate Sustainability Due Diligence Directive

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After months of discussion – and years of development – on December 14, 2023, the European Council and the Parliament reached a provisional agreement on the Corporate Sustainability Due Diligence Directive (“CSDDD”). The...more

Dechert LLP

MiCA: Making Progress

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The European Council (Council) and the European Parliament (Parliament) announced on 30 June 2022 that they had reached a provisional agreement on the proposal for regulation on markets in cryptoassets (MiCA). The text of...more

White & Case LLP

Draft EuGB Regulation and implications for future green ABS

White & Case LLP on

On 10 May 2023, the Council of the European Union (the "Council") submitted a draft for a European Green Bonds Regulation (the "Draft EuGB Regulation") to the European Parliament for review and approval....more

Ius Laboris

The EU Platform Workers Directive: a further step forward 

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The European Council has agreed its position on the long-awaited Platform Workers Directive. Here we explain what has been agreed, who will count as a platform, and the way ahead. The Platform Workers Directive just...more

Latham & Watkins LLP

European Parliament Agrees Position on Corporate Sustainability Due Diligence Directive

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Trialogue negotiations have begun following the parliament’s vote. On 1 June 2023, the European Parliament voted to adopt its initial negotiating position on the EU’s proposed Corporate Sustainability Due Diligence...more

Cadwalader, Wickersham & Taft LLP

European Parliament Adopts Corporate Sustainability Due Diligence Directive Amendments

On June 1, 2023, the European Parliament adopted amendments to the corporate sustainability due diligence regulation and amending directive. Under the amendments, large companies operating in the EU would be required to...more

Paul Hastings LLP

Corporate Sustainability Due Diligence in the EU: Latest Updates and What to Expect Next

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A European legislative initiative aimed at requiring companies to undertake human rights and environmental due diligence is gradually but steadily making its way through the EU institutions. Previously, on March 10, 2021, the...more

Vinson & Elkins LLP

Moves Made Toward a New Sustainability Reporting System in Europe: The Corporate Sustainability Reporting Directive

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On November 28, 2022, the Council of the European Union (“EU”) approved the Corporate Sustainability Reporting Directive (“CSRD”), following adoption of the CSRD by the EU Parliament on November 10, 2022 — a major move toward...more

McDermott Will & Emery

CSRD Update: Corporate Sustainability Reporting Directive (CSRD) adopted

McDermott Will & Emery on

In November 2022, the Corporate Sustainability Reporting Directive (CSRD) was adopted by the EU Parliament (Parliament) and approved by the European Council (EC). It has thus taken the last hurdle in the legislative process...more

Latham & Watkins LLP

European Parliament Adopts Corporate Sustainability Reporting Directive

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From 2024 at the earliest, more European and global companies will need to disclose their ESG activities in greater detail. On 10 November 2022, the European Parliament adopted a final version of the Corporate...more

Jones Day

The European Parliament Adopts New Sustainability Reporting Rules

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The European Parliament has adopted the near-final version of the Corporate Sustainability Reporting Directive under which European Union ("EU") companies (including non-EU companies with substantial business activity in the...more

StoneTurn

Are you ready for ESG as a critical business imperative?

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ESG – environmental, social and governance factors – has become a major focus for organisations which are under growing pressure to demonstrate they are doing the right thing and executing their commitments to sustainable...more

Latham & Watkins LLP

6 Sustainability Takeaways in EU Antitrust & Regulatory - August 2022

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EU Parliament and Council reach agreement on CSRD - European Parliament and European Council | 21 June 2022 - The European Parliament and European Council reached a provisional political agreement on the terms of the...more

Paul Hastings LLP

You Better Watch Out: A New EU Corporate Sustainability Reporting Directive is Seeing the Day

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On June 21, 2022, the Council of the European Union (“European Council”) and European Parliament (“Parliament”) reached a provisional political agreement on the Corporate Sustainability Reporting Directive (“CSRD”). A copy of...more

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