ESG Regulation
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January 22, 2024
Diluted UK Corporate Governance Code reform focuses on internal controls
A regulatory overhaul of corporate governance standards for UK-listed firms has been pared back to “small, but important” changes on…
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January 19, 2024
Corporate criminal liability rises in UK with new failure to prevent offences
Criminal liability for UK companies is rising with the introduction of ‘failure to prevent’ offences, which introduce unlimited fines and…
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January 19, 2024
MEPs pass greenwashing and misleading product directive
The European Parliament has given its final green light to a directive that aims to improve product labelling and ban…
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December 21, 2023
European Council agrees negotiating mandate on ESG ratings
The European Council has reached an agreement on its negotiating mandate for a proposed ESG rating regulation, to try to…
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December 19, 2023
Large UK companies warned over CSDDD
UK companies have been warned “not to rest on their laurels” with regard to the EU’s new Corporate Sustainability Due…
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December 19, 2023
Trade unions welcome EU due diligence directive as victory for human rights
The European Trade Union Confederation (ETUC) has welcomed the political agreement announced in Brussels last week on the Corporate Sustainability…
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December 15, 2023
Proposed revision of the Energy Performance of Buildings Directive
The European Parliament and the Spanish presidency of the Council have informally agreed plans to help reduce energy consumption and…
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December 15, 2023
Agreement reached on Product Liability Directive update
A political agreement on a new EU law on liability for defective products has been reached between the European Council…
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December 14, 2023
EU steps up deforestation efforts as supply chain pressure rises
At the COP28 UN Climate Change Conference in Dubai, the European Commission said that it is continuing efforts with partner…
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December 14, 2023
Provisional deal reached on Corporate Sustainability Due Diligence Directive
The European Council and the European Parliament have reached a provisional deal on the Corporate Sustainability Due Diligence Directive (CSDDD).…
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December 14, 2023
MEPs call for more transparent and accurate ESG ratings
Voting in the Economic and Monetary affairs committee earlier this week, MEPs, led by the rapporteur Aurore Lalucq (S&D, FR),…
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December 13, 2023
UK’s CMA to scrutinise Unilever’s environmental claims
The UK’s Competition and Markets Authority (CMA) is to scrutinise environmental claims made by the consumer goods group Unilever. The…
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December 12, 2023
Swiss supervisor focuses on risks of climate change and nature degradation
The Swiss Financial Market Supervisory Authority FINMA is taking various measures to implement the relevant recommendations of the Network for…
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December 5, 2023
Europe’s risk managers face further focus on supply chains
The European Union’s Competitiveness Council is to meet on 7 December to hold a policy debate on the proposal for…
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December 4, 2023
UK government urged to make transition plans mandatory for companies
The UK’s Environmental Audit Committee has said that progress made at COP26 with ambitious commitments to prioritise investment in low-carbon…
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November 29, 2023
Firms urged to embrace innovation to turn EU’s ESG rules into competitive advantage
European companies can turn the raft of EU ESG regulations into a competitive advantage rather than a disadvantage by focusing…
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November 24, 2023
Sustainability Directive big opportunity for risk managers but will require more resource, says rapporteur
The Corporate Sustainability Due Diligence Directive (CSDDD) will enable risk managers to get the attention of boards but will cost…
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November 22, 2023
ESG rating regulations should extend to data, say EU insurers
Measures included in the European Commission’s ESG rating regulation proposal have been welcomed by Insurance Europe and Pensions Europe as…
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November 17, 2023
Europe nears ban on export of plastics and waste
Europe’s proposed ban on exporting shipments of waste, in particular plastics, to third countries moved a step closer after a…
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November 17, 2023
EU promises jail time for D&Os of polluting companies
The European Parliament (EP) and Council negotiators have reached a provisional agreement on an update of EU environmental crimes and…