There were some significant developments in the corporate sustainability reporting world this week: the EU published the directive implementing the so-called ‘Omnibus 1 package’ (the “Omnibus 1 Directive”), whilst the UK Government published finalised versions of the UK Sustainability Reporting Standards (“UK SRS”).
Omnibus 1 Directive
On 26 February 2026, the
The second half of 2025 was marked by the Cour de cassation’s recognition of a general duty of vigilance in environmental matters.
More precisely, by two decisions published in its official report (Cass. civ. 1st, 24 September 2025, no. 23-23.869; Cass. civ. 3rd, 13 November 2025, no. 24-10.954), the Cour de
In late 2025, the EU postponed the application of the EU Regulation on Deforestation-free products (EUDR) for the the second time. Under Regulation (EU) 2025/2650, the EUDR is now scheduled to enter into application on December 30, 2026. This Legal Update discusses the likelihood of re-opening of the EUDR for further simplification. We also address other
Yesterday, 10 December 2025, the Council’s presidency and European Parliament’s negotiators reached a provisional agreement to simplify the EU’s sustainability reporting and due diligence requirements. The provisional agreement must be now endorsed by the Council and the European Parliament, before it is formally adopted by the two institutions. However, further changes are unlikely and the
We know our clients have been following California’s climate-disclosure laws closely – including the timing of effectiveness and the various legal challenges. This update relates to a new Ninth Circuit ruling that has effectively hit “pause” on one key pillar of California’s climate-disclosure package.
On November 18, 2025, the Ninth Circuit Court granted a partial
This update covers information regarding the California Air Resources Board (CARB) rulemaking delay for California’s climate disclosure laws, SB 253 and SB 261, as well as additional new litigation challenging the constitutionality of these laws. The bottom line for companies is that despite the rulemaking delays and ongoing litigation, the laws remain valid and in
On 17 October 2025, Regulation (EU) 2025/2083 of the European Parliament and of the Council of 8 October 2025 amending Regulation (EU) 2023/956 as regards simplifying and strengthening the carbon border adjustment mechanism (“CBAM”) was published in the Official Journal of the European Union (the “CBAM Simplification Regulation”). This is the first instrument to amend
We aren’t half way though August yet and already the Summer of ’25 has been a hot one for corporate sustainability disclosures in the EU and UK.
On 31 July 2025, EFRAG launched its 60-day consultation on the Exposure Drafts of the revised and simplified European Sustainability Reporting Standards (“ESRS”) for those reporting under the
On 23 July 2025, the International Court of Justice (ICJ) issued a landmark advisory opinion at the request of the United Nations General Assembly, holding that States have a legal obligation to protect the environment, including to address climate change (the “Opinion“). The Opinion also recognised that a “clean, healthy and sustainable environment”
On 22 May 2025, the EU banking supervisor The European Banking Authority (EBA) announced the release of several proposed amendments to its Pillar 3 disclosure requirements, previously contemplated under the CRR3 banking package. These amendments clarify ESG risk-related reporting for small and medium-sized banks, as well as expand on the guidelines for larger institutions. Feedback