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03 February 2023 / Simon Walsh
Issue: 8011 / Categories: Features , ESG , Environment , Governance , Regulatory
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A new dawn for global ESG regulation?

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Environmental, social & governance obligations are expanding their regulatory reach around the world: Simon Walsh considers the compliance frameworks in the EU & US
  • Proposed legislation in the EU and US is set to significantly expand ESG-based reporting obligations for companies based or even operating in these jurisdictions.
  • Companies subject to some or all of these proposals will have to devote considerable time and effort in order to comply in a timely manner.

Global temperatures are not the only thing on the rise: global reporting requirements in respect of environmental, social and governance (ESG) factors are also on the way up. Newly proposed legislation in both the European Union and in the United States is set to significantly expand ESG-based non-financial reporting obligations for companies based in—or, in some cases, operating in—the EU or the US.

The reach of that legislation will also be expanded to a greater range of entities than ever before. This regulatory growth will not only affect businesses which fall directly

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MOVERS & SHAKERS

Anthony Collins—William Hallett & Lorna Scully

Anthony Collins—William Hallett & Lorna Scully

Anthony Collins hires two talented legal directors

Switalskis—five appointments

Switalskis—five appointments

Firm expands national abuse compensation team

Mathys & Squire—nine promotions

Mathys & Squire—nine promotions

IP firm announces new partners and senior promotions across UK offices

NEWS
A High Court ruling has sent a jolt through the legal profession after a newly qualified solicitor used an internal AI tool to produce court correspondence containing a fabricated legal citation
A significant data privacy ruling has clarified what counts as valid consent under UK data protection law
Executors may be overlooking billions of pounds in estate assets hidden in forgotten investments and misplaced share certificates
Britain’s booming non-surgical cosmetics market is operating in what some critics describe as a regulatory ‘Wild West’
Family contact disputes are becoming an increasingly prominent feature of Court of Protection litigation
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