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 Resources Board et al.,…
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 year, allowing companies additional time…
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 2035, compared to 1990 levels.
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 into one “omnibus” regulation, in…
The green paper details plans to position the UK as a leader in green industries.
By Paul A. Davies, Michael D. Green, and James Bee
On 17 October 2024, the UK government published “Invest 2035: the UK’s modern industrial strategy” (the strategy) for public consultation. The strategy sets out a 10-year roadmap based on goals including…
Assembly Bill 98 imposes stringent design requirements applicable to new and expanded warehouse development as soon as January 1, 2026.
By Marc Campopiano, Joshua Bledsoe, Brian McCall, and John Detrich
On September 29, 2024, Governor Gavin Newsom signed Assembly Bill 98 (AB 98) into law, marking a significant shift in the regulatory landscape for the logistics industry…
Listed issuers will be subject to additional emissions disclosure requirements as the Singapore Exchange Regulation announces enhancements to its sustainability reporting regime.
By Paul A. Davies, Farhana Sharmeen, Michael D. Green, James Bee, and Kevin Mak
On 23 September 2024, the Singapore Exchange Regulation (SGX RegCo) announced that it will begin incorporating the IFRS Sustainability Disclosure…
The Commission published guidance documents to the regulation and proposed to postpone its entry into application to 30 December 2025.
By Paul A. Davies, Michael D. Green, and James Bee
On 2 October 2024, the European Commission (Commission) adopted a proposal for a one-year delay to the implementation of the European Deforestation Regulation (EUDR), which was set to…
South Korea’s Constitutional Court has issued a “first of its kind” decision in Asia, requiring South Korea to update its greenhouse gas reduction targets.
By Paul A. Davies, Wonsuk (Steve) Kang, Michael D. Green, James Bee, Stephanie Forrest, and Jiou (Alex) Park
On 29 August 2024, South Korea’s Constitutional Court (the Court) ruled unanimously that…
The ESPR aims to make sustainable products the norm in the EU, replacing the current Ecodesign Directive and introducing broader measures for sustainability.
By Paul A. Davies, Cesare Milani, José María Alonso, Michael D. Green, James Bee, and Telmo Iriondo
On 18 July 2024, the Ecodesign for Sustainable Products Regulation (ESPR) entered into force. The…
The draft represents the next step in transposing the CSRD into national law.
By Axel Schiemann and Dominik Schöneberger
On 24 July 2024, the German Federal Government adopted the governmental draft of the Act implementing the EU Directive on Sustainability Reporting (Directive (EU) 2022/2464 – CSRD) into German law (the Government Draft). The adoption of the Government Draft constitutes the…
The CSDDD is set to impose mandatory human rights and environmental due diligence obligations for in-scope companies.
By Paul A. Davies, Michael D. Green, and James Bee
On 5 July 2024, the Corporate Sustainability Due Diligence Directive (CSDDD) was published in the Official Journal of the EU, marking a significant milestone in the growing regulatory environment in relation…
