New report raises social cost of carbon estimates, surpassing previous estimates by more than 250%.
By Joshua Bledsoe, Kevin Homrighausen, and John Detrich
On December 2, 2023, the US Environmental Protection Agency (EPA) released a final report that substantially increases estimates of the social cost of greenhouse gases (GHG), including carbon dioxide, methane,
The strategy aims to boost supply chain resilience of critical goods.
By Paul A. Davies, Michael D. Green, and James Bee
On 17 January 2024, the government launched the Critical Imports and Supply Chains Strategy (the strategy), which aims to safeguard UK supplies of goods including medicine, minerals, and semiconductors.
The strategy forms
The Eligibility List sets out the approved host countries, carbon crediting programmes, and methodologies that meet the established Eligibility Criteria in Singapore.
By Paul A. Davies, Jean-Philippe Brisson, Farhana Sharmeen, Don Stokes, Michael D. Green, Qingyi Pan, James Bee, and Kevin Mak
On 19 December 2023, the Ministry
For in scope companies, disclosures may be required as early as the reporting period for the 2024 financial year.
By Paul A. Davies, Michael D. Green, and James Bee
On 22 December 2023, the Commission Delegated Regulation specifying the first set of European Sustainability Reporting Standards (ESRS) was published in the Official Journal
A district court has ruled that federal law does not preempt an indirect source rule that targets emissions associated with warehouses in Southern California.
By Joshua Bledsoe, Nick Cox, and Jennifer Garlock
On December 14, 2023, a US federal judge rejected claims that federal law preempts the South Coast Air Quality Management District’s
Goods imported into the UK from countries with a lower or no carbon price will face a levy by 2027.
By Paul A. Davies, Michael D. Green, and James Bee
On 18 December 2023, the UK government announced a proposal for a new carbon border adjustment mechanism (UK CBAM). The announcement follows extensive
The voluntary code aims to enhance transparency and improve comparability and reliability of ESG data and scores.
By Paul A. Davies, Farhana Sharmeen, Michael D. Green, James Bee, and Kevin Mak
The Monetary Authority of Singapore (MAS) has published a Code of Conduct for Providers of Environmental, Social, and Governance (ESG)
The new rules would oblige companies to integrate their human rights and environmental impact into their management systems.
By Paul A. Davies, Michael D. Green, and James Bee
On December 14, 2023, the European Council (Council) and European Parliament (Parliament) reached provisional agreement on the Corporate Sustainability Due Diligence Directive (CSDDD). The agreement
The Private Members Bill, if passed, would establish the UK’s first law mandating business due diligence on human rights and the environment.
By Paul A. Davies, Michael D. Green, and James Bee
On 28 November 2023, Baroness Young of Hornsey (Baroness Young) introduced the Commercial Organisations and Public Authorities Duty (Human Rights and
The Taxonomy aims to define green and transition economic activities to identify and allocate capital to sustainable projects and initiatives.
By Paul A. Davies, Farhana Sharmeen, Michael D. Green, James Bee, and Kevin Mak
On 3 December 2023, the Monetary Authority of Singapore (MAS) unveiled the Singapore-Asia Taxonomy for Sustainable Finance