In-scope companies would have to publicly identify “actual and potential” adverse impacts of their operations on the environment and/or human rights.
By Paul A. Davies, Michael D. Green, and James Bee
On 23 February 2022, the European Commission (the Commission) published a proposal for a Directive on Corporate Sustainability Due Diligence (the Directive).
CCUS and clean hydrogen will play a significant role in the Administration’s efforts to address hard-to-decarbonize industries to promote clean US manufacturing.
By Janice Schneider, Nikki Buffa, and Kevin Homrighausen
On February 15, 2022, the White House announced important actions in furtherance of the Biden Administration’s broader decarbonization goals — this time with
Proposed changes seek to reflect the integration of sustainability considerations into MiFID II.
By Nicola Higgs, Anne Mainwaring, Dianne Bell, and Charlotte Collins
The European Securities and Markets Authority (ESMA) is consulting on updates to its Guidelines on the MiFID II suitability requirements, in light of upcoming changes that will embed sustainability
If adopted, the Senate bill would require large US companies doing business in California to report Scopes 1, 2, and 3 emissions as of January 2024.
By Jean-Philippe Brisson, Marc T. Campopiano, Jennifer K. Roy, Joshua T. Bledsoe, Julie Miles, and Alicia Robinson
The California Legislature is considering a bill
India’s proposal includes accreditation requirements for ESG ratings providers and mandatory disclosure of providers’ data and information sources.
By Paul A. Davies, Michael D. Green, and James Bee
On 25 January 2022, the Securities and Exchange Board of India (SEBI) released a consultation paper stating that it planned to regulate what it described
The Commission plans to adopt a proposal for a revised Regulation on the Registration, Evaluation, Authorisation and Restriction of Chemicals in the last quarter of 2022.
By Joachim Grittmann and Alexander Wilhelm
On 20 January 2022, the European Commission opened a public consultation on revising Regulation (EC) No 1907/2006 concerning the Registration, Evaluation, Authorisation and
The world’s largest asset manager stressed that sustainability issues will continue to be fundamental to companies’ long-term economic outlook.
By Paul A. Davies, Michael D. Green, and James Bee
On 17 January 2022, Larry Fink, the founder and chief executive of BlackRock, published his annual Letter to CEOs (the Letter), titled “The Power
Market participants can expect the initiative’s proposals to offer guidance on setting targets for emissions reduction and decarbonisation.
By Paul A. Davies, Michael D. Green, and James Bee
On 12 January 2021, the Science Based Targets initiative (SBTi) published its “SBTi Climate Action in 2022” proposals (the 2022 Proposals), highlighting the areas
The policies aim to provide crucial guidance to public companies amid the growing importance of ESG in proxy voting.
By Paul A. Davies, Michael D. Green, Andra Troy, and James Bee
In late 2021, Institutional Shareholder Services (ISS) and Glass, Lewis & Co (Glass Lewis), the two leading proxy advisory firms, released
The president’s executive order aims to use the US government’s procurement power to achieve “carbon pollution-free electricity” by 2030 and net zero emissions by 2050.
By Jennifer Roy and Julie Miles
On December 8, 2021, President Biden issued an Executive Order on Catalyzing Clean Energy Industries and Jobs Through Federal Sustainability (EO), which aims to