The Compass aims to address concerns about productivity and maintain Europe’s leading role in sustainable innovation and climate neutrality.
By Paul A. Davies, Michael D. Green, and James Bee
On 29 January 2025, the European Commission (the Commission) launched the Competitiveness Compass, a strategic initiative that builds on the work undertaken by Mario
The taxonomy would inform certain mandatory requirements in the jurisdiction, with particular relevance to Brazil’s capital markets and financial sector.
By Austin J. Pierce and Melanie von Staa Toledo
In late 2024, Brazil published a draft of the country’s proposed sustainable taxonomy framework (the Taxonomy), which the country aims to make mandatory in some instances
President Trump’s orders, which include withdrawing from international climate agreements and declaring an energy emergency, emphasize domestic production and regulatory reform.
By Nikki Buffa, Devin O’Connor, Janice Schneider, Stacey VanBelleghem, and Brian McCall
On the first day of his second term in office, President Donald Trump signed a series of executive
Mandatory ESG reporting, new AI tools for ESG data management, and rising litigation risk are just some of the hot topics this year.
By Paul A. Davies and Betty M. Huber
Through the course of 2024, the development of the ESG and sustainability landscape was dynamic. We anticipate that this dynamism will intensify in 2025,
CARB will not penalize reporting entities for incomplete Scope 1 and 2 emissions disclosures under SB 253, irritating lawmakers and raising the specter of oversight hearings.
By Joshua Bledsoe, Nikki Buffa, Betty M. Huber, and Matthew Green
On December 5, 2024, the California Air Resources Board (CARB) issued an Enforcement Notice for
The proposal represents a step forward for carbon capture and storage projects in the state and could accelerate the permitting process.
By Nikki Buffa, Jennifer Roy, Joshua Bledsoe, and Samantha Yeager
The US Environmental Protection Agency (EPA) has proposed a significant regulatory change that could expedite the development of carbon capture and
In-scope entities should keep preparing for compliance with Senate Bills 253 and 261 as the lawsuit proceeds past an initial summary judgment motion.
By Joshua Bledsoe, Betty Huber, Nicole Valco, and Matthew Green
On November 5, 2024, in Chamber of Commerce of the United States of America et al. v. California Air
The vote follows the European Commission’s proposal to delay application of the regulation by one year.
By Paul A. Davies, Michael D. Green, and James Bee
On 14 November 2024, the European Parliament (Parliament) voted in favour of the European Commission’s (Commission) to postpone the implementation of the European Deforestation Regulation (EUDR) by one
The Prime Minister announced the new UK target of an 81% reduction in greenhouse gas emissions at COP29 in Baku, Azerbaijan.
By Paul A. Davies, Michael D. Green, and James Bee
On 12 November 2024, the UK government announced a new climate target to reduce the UK’s greenhouse gas emissions by 81% by
The announcement follows declarations to simplify regulatory frameworks for businesses, and an overall drive to increase competitiveness in Europe.
By Paul A. Davies, Michael D. Green, and James Bee
On 8 November 2024, European Commission President Ursula von der Leyen indicated that certain existing and future EU ESG reporting obligations will be consolidated