On 29 January 2025, the European Commission published a communication on its Competitiveness Compass for the EU (COM(2025) 30). The Competitiveness Compass outlines the European Commission’s proposed initiatives for the next five years as part of its aim to support the EU’s competitiveness and to promote economic growth. In particular, the Competitiveness Compass
Environmental, Social and Corporate Governance (ESG)
One week to go until HM Treasury’s UK Green Taxonomy Consultation closes
By John Verwey, Rachel Lowe, Sulaiman Malik & Michael Singh on
HM Treasury published the UK Green Taxonomy Consultation (the ‘‘Consultation’’) on 14 November 2024, and there is one week to go until the consultation window closes on 6 February 2025. The Consultation seeks views on the value of the UK government implementing a UK green taxonomy (the ‘‘Green Taxonomy’’) into its…
Climate Reporting in 2025: Looking Ahead
By Aliza Cinamon, Louis Rambo, Frank Zarb, Rachel Lowe & Michael Singh on
In this alert, we reflect on recent climate reporting updates and analyze expectations for 2025 that are relevant for international businesses.
The global landscape is becoming increasingly uncertain in relation to climate reporting following litigation and a change of management at the SEC in the U.S., an expected rise of Blue State climate reporting requirements…