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NLJ this week: Businesses must adapt to future of ESG reporting

03 February 2023
Issue: 8011 / Categories: Legal News , ESG , Environment , Governance , Regulatory
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Everyone’s talking about ESG (environmental, social and governance), and regulatory change afoot in the EU and US will significantly expand the reporting obligations of companies with operations in either region. 

Writing in this week’s NLJ Simon Walsh, attorney at Cadwalader, looks into the proposed changes to the compliance frameworks.

Walsh covers the industries affected, explores how affected companies will need to respond, and the cost attached. He writes: ‘The reality for many businesses operating in global supply chains may be that it will be safer from a regulatory risk perspective… for the business to apply a “highest common denominator” or “least favourable nation” approach, in applying the most onerous standards applicable.’

Read the full article here.

MOVERS & SHAKERS

Birketts—trainee cohort

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Firm welcomes new cohort of 29 trainee solicitors for 2025

Keoghs—four appointments

Keoghs—four appointments

Four partner hires expand legal expertise in Scotland and Northern Ireland

Brabners—Ben Lamb

Brabners—Ben Lamb

Real estate team in Yorkshire welcomes new partner

NEWS
Robert Taylor of 360 Law Services warns in this week's NLJ that adoption of artificial intelligence (AI) risks entrenching disadvantage for SME law firms, unless tools are tailored to their needs
From oligarchs to cosmetic clinics, strategic lawsuits against public participation (SLAPPs) target journalists, activists and ordinary citizens with intimidating legal tactics. Writing in NLJ this week, Sadie Whittam of Lancaster University explores the weaponisation of litigation to silence critics
Delays and dysfunction continue to mount in the county court, as revealed in a scathing Justice Committee report and under discussion this week by NLJ columnist Professor Dominic Regan of City Law School. Bulk claims—especially from private parking firms—are overwhelming the system, with 8,000 cases filed weekly
Writing in NLJ this week, Thomas Rothwell and Kavish Shah of Falcon Chambers unpack the surprise inclusion of a ban on upwards-only rent reviews in the English Devolution and Community Empowerment Bill
Charles Pigott of Mills & Reeve charts the turbulent progress of the Employment Rights Bill through the House of Lords, in this week's NLJ
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