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    European Supply Chain Act close to finalization
    Historic breakthrough in the trilogue negotiations on the EU Corporate Sustainability Due Diligence Directive (CSDDD): On 14 December 2023, the negotiators from the Parliament and Council reached an…
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    European Parliament in support of plans for an European Supply Chain Due Diligence Act
    On June 1, 2023 the European Parliament resolved by large majority vote to adopt its position for the upcoming negotiations with regard to the proposed Corporate Sustainability Due Diligence Directive…
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    New sustainability reporting and extended duties of business managers
    Large capital market-oriented companies, financial institutions and insurance companies with an annual average staff of more than 500 have been obliged to provide non-financial reports since 2017 (s289b(1)…
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    ESG Due Diligence for Company Acquisitions
    ESG stands for environmental, social, and governance and relates to the planning and implementation of sustainability goals and responsible corporate governance. Specific requirements vary, depending on…
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    Corporate Sustainability Reporting Directive: Acting Before it Becomes Expensive
    Corporate Sustainability Reporting Is Coming On 10 November 2022, the European Parliament has adopted the EU Directive on Corporate Sustainability Reporting (Corporate Sustainability Reporting Directive…
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    German Supply Chain Law: RegE (Government Draft Law), FAQ and EU
    In our blog post "Here we go after all: National Supply Chain Act coming!" of 12 February 2021, we reported: After tough negotiations, the responsible ministers Heil, Müller and Altmaier have reached a…
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    EU Commission Publishes Study on Sustainable Corporate Governance
    In our latest Newsletter ESG and Law we report on the "Study on directors' duties and sustainable corporate governance" ("Study") recently published by the EU Commission. The Study, compiled by EY on…
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    National Supply Chain Law Upcoming
    To start off our newsletter series "ESG and Law“, we will be reporting on new laws in the areas of environment, social & governance (ESG), sustainability or corporate social responsibility (CSR) that have…
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    German Government Sets Out for More Sustainability
    Today, the Federal Government of Germany published its national programme for Germany's presidency of the Council of the EU, called "Together for Europe’s recovery". As expected, the programme focuses on…
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    Taxonomy Regulation for Sustainable Investments Adopted
    On 10 and 18 June 2020, the European Council and the European Parliament adopted the Regulation establishing a framework to facilitate sustainable investment (2018/0178/COD procedure). This so-called…
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    The Council Presidency Trio Commits to More Sustainability
    Enterprises should prepare for increased ‑ also regulatory ‑ measures to promote a sustainable economy and the announced transition to a green economy. In our newsletter "Corona vs. Does the Virus also…
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    Cross-sector supply chain due diligence obligations underway
    As described in our newsletter "Corona versus CSR" in April, plans for a German supply chain law are currently on hold until the second round of monitoring of the National Action Plan on Business and Human…
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