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Sustainable Business Practices European Union

Ius Laboris

The EU ‘Stops the Clock’ on the CSRD: What You Need to Know

Ius Laboris on

On 16 April 2025, the so-called 'Stop the Clock' Directive was published. It postpones the application dates of certain provisions contained in the Corporate Sustainability Reporting Directive ('CSRD') and the Corporate...more

Environmental General Counsel PC

A European Perspective on Sustainability, CSRD, and the Omnibus Package: An Interview with Ferruccio Bongiorni of Studio Bongiorni

Environmental General Counsel (“EGC”) Founder and Principal Catherine W. Johnson recently interviewed Ferruccio Bongiorni, Founder and Managing Director of Studio Bongiorni located in Milan, Italy, about sustainability issues...more

DLA Piper

Be Global: Employment Law in 5 - February 2025

DLA Piper on

The US employment landscape continues to shift rapidly. On 21 February 2025, a federal district court enjoined the federal government from enforcing certain provisions of President Trump’s DEI Executive Orders (appeal...more

WilmerHale

The EU Omnibus Package: Reshaping ESG and Sustainability Regulations

WilmerHale on

On 26 February 2025, the European Commission (EC) unveiled a series of proposals (the Omnibus package) that could have far-reaching implications for corporate sustainability and environmental regulations....more

K&L Gates LLP

Green, But Lean: EU Eases Sustainability Rules Without Ditching Climate Goals

K&L Gates LLP on

On 26 February 2025, the European Commission published the Omnibus Simplification Package, a set of proposals designed to streamline key EU sustainability regulations, eliminate redundancies, and reduce administrative burden...more

Latham & Watkins LLP

Omnibus Package Released: EU Commission Proposes Amendments to Sustainability Obligations

Latham & Watkins LLP on

The Commission’s proposal seeks to reshape EU Sustainability requirements by amending CSRD, CSDDD, EU Taxonomy, and CBAM. On 26 February 2025, the European Commission (Commission) published its much-anticipated first...more

Fenwick & West LLP

European Commission Adopts Much-Anticipated Omnibus Package Aimed at Simplifying Various Sustainability Regulations

Fenwick & West LLP on

On February 26, 2025, the Commission announced that it has adopted a new omnibus package of proposals designed to “simplify EU rules, boost competitiveness, and unlock additional investment capacity.” Commission President...more

DLA Piper

Horizon - ESG Regulatory News and Trends - February 2025

DLA Piper on

US formally submits notification of withdrawal from Paris Agreement. On January 27, 2025, Dorothy Camille Shea, the US acting ambassador to the United Nations, submitted a notification of withdrawal from the Paris Agreement...more

Mayer Brown Free Writings + Perspectives

European Commission Presents “Omnibus” Simplification Package with Amendments to CSRD, CSDDD, CBAM and Taxonomy

On 26 February 2025, the European Commission (“Commission”) published its “Omnibus I” or “Sustainability Omnibus” package as part of its mission to improve the competitiveness of the European Union. The Omnibus Package...more

Latham & Watkins LLP

Deciphering France’s Proposal on Sustainability Reporting and Diligence Matters

Latham & Watkins LLP on

The first EU country to transpose the CSRD has proposed a course correction to reduce the regulatory burden on in-scope and medium-sized companies....more

Latham & Watkins LLP

European Commission Unveils Competitiveness Compass to Drive Sustainable Prosperity

Latham & Watkins LLP on

The Compass aims to address concerns about productivity and maintain Europe’s leading role in sustainable innovation and climate neutrality....more

A&O Shearman

The Simplification Revolution and the Omnibus: What’s Next for EU Sustainability Reporting and Disclosure?

A&O Shearman on

More competitiveness, more coherence and less administrative burden – these are key political priorities for the new European Commission (the Commission) which took office last December. One of the earliest moves under the...more

A&O Shearman

FORMS 10-K AND 20-F - Preparing for your Annual report

A&O Shearman on

This guide discusses important themes and trends for the coming annual reporting season. It also includes a “housekeeping checklist” designed to assist you as you prepare your annual report. ANNUAL CYBERSECURITY...more

White & Case LLP

Navigating the Evolving Era of Greenwashing Regulations in the Fashion Industry

White & Case LLP on

In recent years, sustainability and ESG compliance have become pivotal factors in consumer purchasing decisions. The fashion industry – from luxury to high street brands to online fast fashion retailers – as a significant...more

A&O Shearman

The EU Corporate Sustainability Due Diligence Directive is final: how can companies prepare?

A&O Shearman on

This is an update to previous bulletins on the Corporate Sustainability Due Diligence Directive (CS3D) which we published in June and September 2024. In a decisive move that marks a new chapter for corporate...more

WilmerHale

EU Adopts ESG Ratings Regulation: Strengthening Transparency and Reliability in Sustainable Finance

WilmerHale on

On 19 November 2024, the Council of the European Union formally adopted the new ESG Ratings Regulation (the “Regulation”), following a proposal from the European Commission on 13 June 2023 and an agreement with the European...more

Mayer Brown

Milieudefensie v Shell: Dutch Appeals Court Overturns Ruling That Shell Must Reduce Its CO2 Emissions by 45%

Mayer Brown on

On 12 November 2024, a Dutch appeals court ruled that Shell does not have to reduce its CO2 emissions by 45% by 2030 compared to 2019 levels, as previously ordered by the Hague District Court on 26 May 2021. Shell now has the...more

Latham & Watkins LLP

EU Adopts Ban on Products Made With Forced Labour

Latham & Watkins LLP on

The Forced Labour Regulation creates a framework for investigation and enforcement against products made with forced labour. On 19 November 2024, the EU Council (Council) adopted a regulation prohibiting products made with...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

Reporting Requirements Under the European Sustainability Reporting Standards

Organisations are facing a new era of nonfinancial reporting with the European Union’s Corporate Sustainability Reporting Directive (CSRD), now in effect. CSRD reporting is standardised through the European Sustainability...more

Foley Hoag LLP

Actualités en matière de lutte contre la corruption en France et en Europe

Foley Hoag LLP on

Deux études particulièrement intéressantes ont récemment été publiées par l’Agence Française Anticorruption (l’AFA) et la Commission européenne dans le domaine de la lutte contre la corruption. La première étude publié...more

Latham & Watkins LLP

EU Commission Suggests Potential Consolidation of ESG Reporting Frameworks in 2025

Latham & Watkins LLP on

The announcement follows declarations to simplify regulatory frameworks for businesses, and an overall drive to increase competitiveness in Europe. On 8 November 2024, European Commission President Ursula von der Leyen...more

Latham & Watkins LLP

European Commission Opens Infringement Procedures Regarding Sustainability Reporting Rules

Latham & Watkins LLP on

The EU Corporate Sustainability Reporting Directive (CSRD, or the Directive) took effect beginning 2024 and requires mandatory sustainability reporting by a first set of companies in 2025. Under the terms of the CSRD, the...more

Fenwick & West LLP

Notable Trends in 2024 ESG/Sustainability Reports

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Teneo Insights recently published its fourth annual “State of U.S. Sustainability Reports,” which analyzes 250 sustainability reports from S&P 500 companies published this year through July 30, seeking to understand how...more

Troutman Pepper Locke

Navigating ESG: The Growing Importance and Compliance Challenges (Part One) — Regulatory Oversight Podcast

Troutman Pepper Locke on

In the first of a two-part series focused on the complexities of environmental, social, and governance (ESG) standards, Troutman Pepper Partner Mike Yaghi is joined by Brooke Hopkins and Rob Sayegh from Alvarez & Marsal. They...more

Latham & Watkins LLP

European Commission Publishes FAQs on EU Corporate Sustainability Reporting Directive

Latham & Watkins LLP on

The FAQs aim to clarify key aspects of the CSRD, including the scope of the rules, compliance dates, and exemptions. On 7 August 2024, the European Commission (Commission) published a set of frequently asked questions...more

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