The fourth beta version establishes draft disclosure metrics as well as biome and sector guidance — with final TNFD recommendations due in September 2023.
By Paul A. Davies, Michael D. Green, James Bee, and Austin J. Pierce
The Taskforce on Nature-Related Financial Disclosures (TNFD) published the fourth (and final) beta version of
Proposed legislation would impose new constraints and regulatory obstacles for renewable energy, as conservative responses to ESG-related initiatives continue to morph across the US.
By Sarah E. Fortt, Joshua W. Marnitz, and Austin J. Pierce
The Texas legislature is considering several bills that could significantly impact both the regulatory landscape for renewable energy
The country’s financial authorities may evaluate potential regulatory efforts in conjunction with the Taxonomy following its rollout.
In March 2023, Mexico published a finalized version of the country’s Sustainable Taxonomy (the Taxonomy), growing the increasing number of jurisdictions that have developed such a framework. At their core, these frameworks aim to
The guidance, published by a key entity behind the Greenhouse Gas Protocol, provides information on reporting of avoided emissions, and eligibility criteria for companies.
By JP Brisson, Paul A. Davies, Michael D. Green, and James Bee
On 22 March 2023, the World Business Council for Sustainable Development (WBCSD) released guidance on avoided
The UK government has unveiled a number of measures with the overall purpose of reaching net zero by 2050 and meeting the UK’s climate targets.
By Paul A. Davies, Beatrice Lo, JP Sweny, Simon Tysoe, Michael D. Green, and James Bee
On 30 March 2023, on what has been called
The consultation considers what a potential regulatory regime would look like, and its proposed scope.
By Nicola Higgs, Paul A. Davies, Becky Critchley, Anne Mainwaring, Ella McGinn, and Charlotte Collins
On 30 March 2023, HM Treasury published a consultation on regulating ESG ratings providers, which ties in with and was
As part of the European Green Deal ambitions, the proposal encourages sustainable consumption through additional incentives to repair products to reduce waste and emissions.
By Paul A. Davies, Michael D. Green, and James Bee
On 22 March 2023, the European Commission (Commission) adopted a new proposal on common rules promoting the repair of
The proposals form part of the Green Deal Industrial Plan and aim to scale up technology and materials for the energy transition.
By Paul A. Davies, Beatrice Lo, JP Sweny, Alexander Buckeridge-Hocking, Michael D. Green, and James Bee
On 16 March 2023, the European Commission (Commission) formally proposed two legislative
The regulator is concerned that ESG-related disclosures are not meeting expectations.
By Nicola Higgs, Becky Critchley, Anne Mainwaring, Ella McGinn, and Charlotte Collins
The FCA has published a Dear CEO letter sent to benchmark administrators on 20 March 2023, expressing concerns about the quality of their ESG-related disclosures. The FCA’s concerns
A new proposal aims to streamline the process for permitting and developing offshore renewable energy projects and reduce costs to developers.
By Janice Schneider, Nikki Buffa, Nathaniel Glynn, and Brian McCall
On January 30, 2023, the Bureau of Ocean Energy Management (BOEM) published a new proposed rule to update the agency’s regulations