-
1 month ago | 
lexology.com | Katie Vickery |Chris Wrigley |Matthew Germain
The EU 'Omnibus' package – what does this mean for the future of ESG reporting? The European Commission has unveiled its first omnibus package, proposing significant amendments to the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD). This initiative aims to reduce the regulatory burden on businesses and enhance the EU's global competitiveness.
-
Nov 15, 2024 | 
esginvestor.net | Matthew Germain |Osborne Clarke
Matthew Germain, Co-lead of Net Zero Policy and Regulation at Osborne Clarke, highlights incoming measures under the EU Carbon Border Adjustment Mechanism. The EU Carbon Border Adjustment Mechanism (CBAM) already places demanding obligations on companies – and these are set to increase from 2026. However, among the long list of new EU sustainability legislation, the CBAM has gone under the corporate radar.
-
Oct 30, 2024 | 
lexology.com | Katie Vickery |Chris Wrigley |Matthew Germain
Commission proposes 12 month delay to EU Deforestation Regulation | Where next for UK green consumer finance? | Guidelines to take effect on the use of ESG or sustainability-related terms in fund namesCommission proposes 12 month delay to EU Deforestation Regulation On 2 October, the European Commission put forward a proposal to delay the implementation of the EU Deforestation Regulation (EUDR) by 12 months.
-
Oct 30, 2024 | 
lexology.com | Matthew Germain |Arthur Hopkinson |Julian Wolfgramm-King |Caroline Bush |Lauren Gardner
UK ETS publishes consultation on aligning free emissions proposal with UK CBAM in 2027 | Further amendments on monitoring and reporting greenhouse gas emissions | ESMA publishes its first annual report on EU Carbon MarketsUK ETS publishes consultation on aligning free emissions proposal with UK CBAM in 2027On 26 September 2024, the Department for Energy Security and Net Zero (DESNEZ) and the devolved administrations of the UK Emissions Trading Scheme (UK ETS) released a further consultation.
-
Oct 25, 2024 | 
lexology.com | Lauren Gardner |Caroline Bush |Matthew Germain |Arthur Hopkinson |Julian Wolfgramm-King
Businesses should review their supply chains, 'importer' status and data collection – and be aware a UK CBAM is pendingThe EU Carbon Border Adjustment Mechanism (CBAM) already places demanding obligations on companies – and these are set to increase from 2026. However, among the long list of new EU sustainability legislation, the CBAM has gone under the corporate radar.
-
Sep 25, 2024 | 
lexology.com | Matthew Germain |Arthur Hopkinson |Julian Wolfgramm-King |Caroline Bush
Nature Restoration: Regulation implemented in the EURegulation (EU) 2024/1991 entered into force on 18 August 2024. The first of its kind, this regulation explicitly targets the restoration of the EU's nature, with the hope that it will ease climate change and the results of any natural disasters.
-
Jul 26, 2024 | 
mondaq.com | Matthew Germain |Arthur Hopkinson |Julian Wolfgramm-King |Caroline Bush
The King's Speech: Environment and Sustainability
aspects | Court confirms nutrient neutrality and Habitats
Regulations assessment requirements apply to discharge of planning
conditions | Nature-related litigation: emerging
trends
The Department for Environment, Food
and Rural Affairs (Defra) has revealed five main policy priorities
under the new government.
-
Jul 26, 2024 | 
mondaq.com | Katie Vickery |Chris Wrigley |Matthew Germain
First reporting obligations under the Corporate
Sustainability Reporting Directive | Corporate Sustainability Due
Diligence Directive published in Official Journal | EU
Deforestation Regulation – preparing for December
2024
The first reporting requirements under the Corporate
Sustainability Reporting Directive are due in 2025.
-
Jul 25, 2024 | 
lexology.com | Matthew Germain |Arthur Hopkinson |Julian Wolfgramm-King |Caroline Bush
Summer call to actionThe Department for Environment, Food and Rural Affairs (Defra) has revealed five main policy priorities under the new government. The Secretary of State for Environment, Food & Rural Affairs, Steve Reed, announced on X that his core priorities will be: cleaning up British waterways, creating a roadmap to a zero-waste economy, boosting Britain's food security, ensuring nature's recovery and protecting communities from flooding.
-
Jun 27, 2024 | 
mondaq.com | Matthew Germain |Arthur Hopkinson |Julian Wolfgramm-King |Caroline Bush
As the UK approaches its general election, the two main
contenders to form the next government, the Conservative and Labour parties have unveiled their manifestos,
each setting out plans on environmental matters.
Labour has sets out its plan to end North Sea oil and gas
licences, create a National Wealth Fund to drive the
decarbonisation of energy intensive sectors, and introduce a carbon
border adjustment mechanism (CBAM) to mitigate the risk of carbon
leakage from imported goods.
