The consultations invite stakeholders’ views on the Environmental Liability Directive and the Waste Framework Directive.
By Paul A. Davies, Michael D. Green, and James Bee
In May 2022, the European Commission (Commission) issued public consultations in relation to the proposed revision of two of the EU’s key environmental frameworks. The consultations on the Environmental Liability Directive (ELD) issued on 12 May and the Waste Framework Directive (WFD) issued on 24 May mark the latest in a series of steps that the Commission is taking to revise and strengthen environmental controls in the EU, following on from the EU’s 2019 Green Deal.
On 23 February 2022, the European Commission (the Commission) published a proposal for a Directive on Corporate Sustainability Due Diligence (the Directive). If approved, the Directive would require large companies based in the EU (and certain large companies based outside of (but operating in) the EU) to conduct due diligence on a number of ESG-related issues throughout their supply chain, with failure to do so leading to possible fines or civil liability.
By 
On 19 October 2020, the European Commission (Commission) published its 
The UK’s Financial Reporting Council (FRC) has published a discussion paper, “A Matter of Principles — The Future of Corporate Reporting,” that aims to “provide thought leadership for the future of corporate reporting and explore ideas for a new model, challenging the status quo”. The paper, published on 7 October 2020, builds on previous independent reviews and reform proposals by the FRC.
The Greek Competition Authority (HCC) has announced a public consultation on how competition law rules might be adapted to promote more sustainable business practices. The HCC published a 
On 16 September 2020, Ursula von der Leyen, delivered her first state of the union address since taking over the presidency of the European Commission (EC) in December 2019. The speech covered numerous topics and presented specific proposals addressing some of the most pressing issues the EU faces today, including ESG topics such as climate change, sustainable finance, and social matters. Throughout the address, the EC President called for change by design, not by destruction.