The Supreme Court of New Zealand recently overturned strike-out decisions to allow climate change claims (involving a new climate tort) to proceed to trial.
Eye on ESG, published by Mayer Brown, focuses on legal developments and regulatory updates related to environmental, social, and governance (ESG) matters. The blog covers topics such as sustainability reporting requirements, climate-related financial disclosures, human rights and environmental due diligence, and regulatory compliance challenges faced by companies globally. It addresses legislative changes, enforcement actions, and litigation risks in areas including climate disclosure laws, corporate sustainability directives, and sector-specific ESG risks like those in mining. The blog also discusses the intersection of ESG with corporate governance, investor expectations, and international standards, providing insights into evolving legal frameworks and compliance strategies.
The Supreme Court of New Zealand recently overturned strike-out decisions to allow climate change claims (involving a new climate tort) to proceed to trial.…
On 23 April 2024, the UK’s Financial Conduct Authority (“FCA”) published its “Finalised non‑handbook guidance on the Anti‑Greenwashing Rule (FG/24/3)” (the “Guidance”). The FCA has published the Guidance to help in-scope firms understand and comply with the anti-greenwashing…
In March 2023, the European Commission proposed the Green Claims Directive (the “Directive”), which aims to tackle greenwashing (read our previous update on the Directive here). On 12 March 2024, the European Parliament voted in favour of the Directive…
On 19 March 2024, GRESB – an investor-led organisation that provides standardised and validated data to assess the sustainability-related performance of real estate assets and portfolios – announced the upcoming launch of “REAL Solutions“. REAL Solutions is a new…
On 26 March 2024, the European Securities and Markets Authority (“ESMA”) published a consultation on its first set of regulatory technical standards (“RTS”) under the EU Green Bond Standard Regulation (the “Consultation”). The Consultation addresses mandates relating to the registration…
The SEC today paused implementation of the climate rules the agency rolled out less than one month ago, in the face of significant legal challenges in numerous federal lawsuits. The rules would impose substantial disclosure mandates on companies, including concerning…