As the objectives gain traction, they are meeting state resistance in court.
By Robin M. Hulshizer and Malorie R. Medellin
The US Environmental Protection Agency’s (EPA’s) strategic plan for 2022–26, released in March 2022, added a new foundational principle to the agency’s mission: the advancement of environmental justice and equity. Since unveiling its strategic plan,
Following the publication of the ISSB Standards, the IFRS Foundation will take over monitoring of companies’ climate progress from 2024.
By Paul A. Davies, Michael D. Green, and James Bee
On 10 July 2023, the International Sustainability Standards Board (ISSB) and Financial Stability Board (FSB) announced that the IFRS Foundation (the organisation that
NA100 aims to propel corporate action on natural capital through investor engagement similar to the work of initiatives like Climate Action 100+.
On June 26, 2023, the Secretariat and Launching Investor Group behind Nature Action 100 (NA100) announced a set of focus areas and priority sectors for engagement with companies on
Renewable fuels of non-biological origin would play an expanded role in satisfying EU decarbonisation targets.
By Paul A. Davies, JP Sweny, Michael D. Green, James Bee, and Alexander Leighton
The European Council has formally endorsed the proposed amendments to Directive (EU) 2018/2001 on the promotion of the use of energy from
The regulation aims to minimise the EU’s contribution to deforestation and forest degradation.
By Paul A. Davies, Michael D. Green, and James Bee
The European Deforestation Regulation (EUDR) entered into force on 29 June 2023, following publication in the Official Journal of the European Union. However, the main requirements and prohibitions of the
The ASA conveyed a sense of urgency, as it believes influencing consumer behaviour will be an important part of meeting UK net zero targets.
By Paul A. Davies, Sophie J. Lamb KC, Michael D. Green, and Aleksandra Dulska
On 23 June 2023, the UK’s Advertising Standards Authority (ASA) published an update to
The Guidelines build on current social, environmental, and technological issues facing businesses following the last update in 2011.
By Paul A. Davies, Michael D. Green, and James Bee
The Organisation for Economic Co-operation and Development (OECD) released updated Guidelines for Responsible Business Conduct on 8 June 2023 (the OECD Guidelines).
Background to the
The forthcoming guidelines will set supervisory expectations to steer financial institutions’ transition planning processes to facilitate decarbonisation efforts by their clients.
By Paul A. Davies, Farhana Sharmeen, Michael D. Green, and Shi Cheng Chong
On 8 June 2023, the Monetary Authority of Singapore (MAS) announced that it will set guidelines to
The Commission issued its formal consultation on the ESRS with a number of proposed changes.
By Paul A. Davies, Michael D. Green, and James Bee
On 9 June 2023, the European Commission (Commission) issued its formal consultation on the European Sustainability Reporting Standards (ESRS). The ESRS represent the detailed standards which set out
An evolving landscape of reforms in the ESG ratings sector continues to pose challenges to providers of ratings and scores.
By Paul A. Davies, Nicola Higgs, Rob Moulton, Michael D. Green, Becky Critchley, Anne Mainwaring, and Charlotte Collins
International momentum to regulate ESG ratings continues as the European Commission