In-depth knowledge of ESG law, regulation and best practice through the lens of your organisation.
Our take on what companies and asset managers should know about the omnibus so far, what we can expect to happen next, and what interest groups are saying about the announcement on the ground.
As we noted in our previous CSRD briefing, 2024 saw a dizzying number of changes for companies in scope of this landmark sustainability reporting regulation. Keeping track of these changes is a big enough challenge.
On 12 November the Hague Court of Appeal (the "CoA") released its highly anticipated judgment in Shell v Milieudefensie. The case concerned the question of whether Shell has the obligation to reduce its C02 emissions by 45% by 2030 relative to 2019 levels. The Hague COA concluded on the basis of objective factors that Shell has an obligation to counter dangerous climate change but that this does not mean that Shell must reduce its scope 3 CO2 emissions by 45% (or any other percentage).
A regular briefing for the alternative asset management industry.
Our New Year briefing, which discusses key developments for financial services firms in 2025, is available as a pdf below.
In case you missed it: Travers Smith recaps a dramatic year in the world of sustainability reporting.
When the UK's Modern Slavery Act (the "MSA") was introduced in 2015, it was considered world-leading, with the UK being one of the first countries in the world to mandate corporate reporting on modern slavery. Now, nearly 10 years on, the initial optimism appears to be waning.
An Energy Performance Certificate ("EPC") is a certificate, issued by an energy assessor, which shows information about the energy efficiency of the property to which it relates. It is a multi-functional tool: on a practical level, it helps owners and investors to understand and improve the energy performance of their own properties, and can give prospective buyers and tenants an insight into their likely energy costs.