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Aug 15, 2024 | 
mondaq.com | Sarah-Jane Denton |Simon Witney
The Corporate Sustainability Due Diligence Directive has been
approved by the EU legislators and will have significant
consequences for EU and non-EU companies.
The way in which the financial sector is dealt with in the
Directive creates some uncertainties, in particular for large asset
managers in scope.
Firms should review the scope of the final text and identify
whether they will be covered.
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Aug 15, 2024 | 
lexology.com | Sarah-Jane Denton |Simon Witney
The EU’s Corporate Sustainability Due Diligence Directive (CS3D) will be highly consequential for those large EU and non-EU companies that fall within its scope. Despite some misleading commentary to the contrary, the financial sector is in scope of the CS3D as finally agreed by the European legislators in May 2024. In this article, we discuss the extent of these obligations and some uncertainties that remain, especially for asset managers in the private equity and venture capital sector. 1.
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Aug 12, 2024 | 
mondaq.com | Sarah-Jane Denton |Alexandra MacBean
The EU's Corporate Sustainability Reporting
Directive ("CSRD") was due to be implemented into
national law by the Member States by 6 July 2024. The majority
missed that deadline to finalise their laws. Travers Smith spoke to
expert counsel in 23 EU Member States to find out what clients
should be looking out for, when finalising their scoping analysis,
considering the nuances of reporting, or assessing the risks
associated with failing to report in accordance with the
law.
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Aug 9, 2024 | 
lexology.com | Sarah-Jane Denton |Alexandra MacBean
The EU's Corporate Sustainability Reporting Directive ("CSRD") was due to be implemented into national law by the Member States by 6 July 2024. The majority missed that deadline to finalise their laws. Travers Smith spoke to expert counsel in 23 EU Member States to find out what clients should be looking out for, when finalising their scoping analysis, considering the nuances of reporting, or assessing the risks associated with failing to report in accordance with the law.
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Mar 27, 2024 | 
lexology.com | Louisa Chambers |James Longster |Dan Reavill |Helen Reddish |Ben Chivers |Jonathan Rush | +40 more
Our round-up of recent and forthcoming developments in UK law and practice for our international stakeholders.
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Jan 5, 2024 | 
lexology.com | Sarah-Jane Denton |Alexandra MacBean
After months of negotiations, on 14 December, the EU Parliament and Council reached a provisional agreement on the principles that will underpin the Corporate Sustainability Due Diligence Directive ("CS3D"). The substance of the legislation remains as previously proposed (and as described in our early briefing).
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Dec 29, 2023 | 
mondaq.com | John Buttanshaw |Sarah-Jane Denton |Harrie Narain |Alexandra MacBean
At the time of our last COP28 update, we were still waiting to hear
what the outcomes would be from several key discussion areas that
remained open, including the results of the first Global Stocktake
("GST").
After almost two weeks of fractious negotiations, an
eleventh-hour agreement known as the UAE Consensus (the
"Consensus") was signed by the almost
200 attending government representatives at COP28.
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Dec 19, 2023 | 
law360.co.uk | Sarah-Jane Denton |Alexandra MacBean
ADVERTISEMENT Don't want ads? Subscribe or login now. By Sarah-Jane Denton and Alexandra Macbean (December 19, 2023, 4:05 PM GMT) -- The Corporate Sustainability Reporting Directive, or CSRD,[1] which came into force on Jan. 5, dramatically expands the number of organizations subject to sustainability reporting obligations, as well as the extent of those obligations....
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Dec 19, 2023 | 
law360.com | Sarah-Jane Denton |Alexandra MacBean
ADVERTISEMENT Don't want ads? Subscribe or login now. By Sarah-Jane Denton and Alexandra Macbean (December 19, 2023, 4:05 PM GMT) -- The Corporate Sustainability Reporting Directive, or CSRD,[1] which came into force on Jan. 5, dramatically expands the number of organizations subject to sustainability reporting obligations, as well as the extent of those obligations....
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Dec 14, 2023 | 
mondaq.com | Sarah-Jane Denton |Emma Pereira |Sarah Walker
The Minimum Energy Efficiency Standards regime
("MEES") was brought into effect by the Energy Efficiency (Private Rented Property)
(England and Wales) Regulations 2015. Until 31 March 2023, the
MEES rules required landlords granting a new lease of a commercial
premises to produce an energy performance certificate
("EPC") for the property, showing a rating of E or above,
unless they had registered an exemption.
