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Planet SOS

03/02/2022

ESG in finance transactions: an offshore legal perspective

Market participants almost certainly drove this increase because they recognised that implementing a sound ESG strategy facilitates access to new pools of capital and opportunities to lock-in favourable pricing.

02/28/2022

Human Rights and the Environment — EU publishes draft Corporate Sustainability Due Diligence Directive

The Draft Directive also provides a mechanism for sanctions to be imposed for non-compliance with the due diligence obligations and provides for director responsibility and accountability in relation to a company’s HREDD programme.

02/24/2022

EU proposal for a Corporate Sustainability Due Diligence Directive

A potential game changer for sustainable business in the EU

02/24/2022

White House Announces New Initiatives and Guidance on Clean Energy Transition

CCUS and clean hydrogen will play a significant role in the Administration’s efforts to address hard-to-decarbonize industries to promote clean US manufacturing.

02/20/2022

The Open Protocol’s New Crypto and ESG Requirements: Are You Ready?

The current case in point is the October 5, 2021 announcement that effective April 1, 2022

02/18/2022

Professional skills set out for roles in sustainable finance in Singapore

The sustainable finance technical skills and competencies (SF TSCs) are part of the IBF skills framework

02/18/2022

EU plans to label natural gas and nuclear ‘green' ‘reflect Asia position’

The Commission said it would include certain gas and nuclear power activities as ‘transitional activities’.

02/11/2022

Vietnam Releases Guidance on Implementation of COP26 Commitments

The Ministry of National Resources and Environment (MONRE) has been tasked with coordinating this inter-ministerial effort.

02/11/2022

ESMA Prioritises the Fight Against Greenwashing in its New Sustainable Finance Roadmap

ESMA has already embarked on the first Roadmap activities to ensure it can deliver on its ambitious plans.

02/10/2022

Into 2022: tomorrow never comes, that’s why you should Perform Today

The Greatest Wave of Investment Democratisation

02/09/2022

South Korea Opens Door for Direct PPAs for Renewable Projects

These amendments to the Electric Utility Act are therefore a potential game changer for the renewables sector

02/09/2022

California Senate Passes Broad GHG Emissions Reporting Requirements

If adopted, the Senate bill would require large US companies doing business in California to report Scopes 1, 2, and 3 emissions as of January 2024.

02/03/2022

EU “Fit for 55”: Decarbonising Gas Markets

European gas market regulation has remained largely unchanged since 2009

02/02/2022

Mandatory climate-related financial disclosures for large companies

Final regulations apply to financial years starting on or after 6 April 2022.

02/02/2022

Shoosmiths releases 2022 United Nations Global Compact report

We are indebted to the many colleagues who are instrumental in shaping and delivering our ESG commitments

01/28/2022

ESMA letter to co-legislators on proposed EU Green Bond Standard

The EU GBS envisages that external reviewers providing services to issuers of EU green bonds must be registered with and supervised by ESMA.

01/21/2022

Green tech firms ‘should share innovations for greater good’

Writing for World Intellectual Property Review, Wyn Davies said that the response of the scientific community to coronavirus had provided a useful blueprint for effective action against climate change.

01/19/2022

UK government to boost production of hydrogen from biomass

It also hopes to support the development of novel biohydrogen technologies

01/18/2022

New plans announced to boost England’s biodiversity

The latest consultation concerns the “practical and legal implementation details of the new biodiversity net gain requirement for development”.

01/18/2022

Regulators to re-energize enforcement efforts globally, with growing personal liability for directors and a focus on ESG

Other key trends that are reshaping risk include a growing collaboration between regulators, an increased personal liability for directors and technology risks including the criminal misuse of cryptocurrencies.

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