UK SRS S1 and S2 are now available for voluntary use, while the UK government considers which companies should be required to report under the new standards.
By Michael D. Green, Nicola Higgs, Betty M. Huber, Anne Mainwaring, James Bee, Toon Dictus, and Sara Sayma
On 25 February 2026, the UK government’s Department of Business and Trade (DBT) published the final UK Sustainability Reporting Standards (UK SRS), along with feedback to DBT’s June 2025
The publication marks the finalisation of the Sustainability Omnibus process, resulting in increased certainty for businesses.
By Michael D. Green, James Bee, and Toon Dictus
On 26 February 2026, the EU’s Omnibus I Directive, otherwise known as the Sustainability Omnibus, which introduces significant amendments to the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD), was published in the Official Journal of the European Union.
The Directive will enter into force on 18 March
This year we expect ESG/sustainability to be influenced by several macro trends, including technology, geopolitics, and capital markets.
By Paul A. Davies, Betty M. Huber, and Michael D. Green
In 2026, we expect that business and legal leaders who successfully disentangle and separate economic, political, and legal risk with a clear strategic focus will be best able to capitalize on ESG/sustainability imperatives.
Interest rates are expected to fall across many key markets, which will likely lead to an
Six legislative proposals from the Commission are intended to simplify environmental legislation.
By Paul A. Davies, Michael D. Green, James Bee, and Toon Dictus
On 10 December 2025, the European Commission (Commission) published the Environmental Omnibus, a package
Following complex negotiations, the EU has agreed substantive changes to sustainability reporting and due diligence rules.
By Paul A. Davies, Michael D. Green, James Bee, and Toon Dictus
On 16 December 2025, the European Parliament (Parliament) adopted the Detailed Omnibus Directive, which is
The Commission has proposed new amendments to streamline EUDR obligations, while maintaining the application date for large and medium enterprises.
By Paul A. Davies, Michael D. Green, James Bee, and Toon Dictus
On 21 October 2025, the European Commission (Commission) announced a proposal introducing amendments designed to facilitate the implementation of the EU Deforestation Regulation (EUDR). Notably, the Commission proposed to maintain the current application date of 30 December 2025 for large- and medium-sized enterprises, contrary to
A new proposal could delay the EUDR implementation to 30 December 2026, as the Commission cites IT concerns.
By Paul A. Davies, Michael D. Green, James Bee, and Toon Dictus
On 23 September 2025, the European Commission (Commission) announced that it will propose postponing the application of the EU Deforestation Regulation (EUDR) by an additional year.
The Commissioner for Environment, Water Resilience and a Competitive Circular Economy sent letters to the European Parliament and the Council indicating
Singapore continues to expand its list of approved host countries, carbon crediting programs, and methodologies that meet the established criteria.
By Paul A. Davies, Michael D. Green, Farhana Sharmeen, James Bee, Kevin Mak, and Qingyi Pan
On September 16, 2025, Singapore signed an implementation agreement on carbon credits in cooperation with Vietnam, expanding the total number of executed implementation agreements to nine. The Ministry of Trade and Industry (MTI) announced: “Singapore is committed to channelling
The reintroduction of South Korea’s due diligence law potentially marks a significant advancement for human rights and ESG initiatives in the region.
By Paul A. Davies, Michael D. Green, Wonsuk (Steve) Kang, Farhana Sharmeen, and Jiou (Alex) Park
On June 13, 2025, South Korean Representative Jung Tae-Ho reintroduced the proposed “Bill for the Protection of Human Rights and the Environment for Sustainable Business Management” (the Bill). The current draft of the Bill builds upon a similar