In addition to deciphering and appropriating the Disclosure Regulation, companies in the financial sector are also subject to the Taxonomy Regulation since the beginning of 2022. In France, the law on energy and climate enacted in 2019 and its implementing decree reinforce the transparency obligations of the Article 173 report [...]
On March 1 and 2, 2023, the One Forest Summit was held in Libreville, with the objective of putting the Congo Basin Forest under the spotlight. The overall goal of the summit was to accelerate the conservation and sustainable management of tropical forests, which are vital sinks [...]
Companies subject to the NFRD must implement the CSRD as of 2025 for the fiscal year 2024. The CSRD expands the scope and requirements of the NFRD. Affected companies will soon be required to provide enhanced and audited non-financial reports that comply with the principle of double materiality. [...]
Part three Are you affected by the Disclosure Regulation? It can be difficult to navigate the complexities of the new regulations. The table below sets out, as succinctly as possible, the impact of the various articles of the Disclosure Regulation on economic and financial actors. SFDR [...]
In March 2022, the organization put out for consultation a document proposing a climate reporting framework for listed companies. If adopted, this proposal would require detailed reporting by U.S. listed companies covering 3 categories of climate reporting. A new chapter in financial regulation opens [...]
Market participants must now publish on their website their policy for integrating sustainability risks into the investment process and remuneration policy and update their pre-contractual documentation. Part two Phasing in of the SFDR regulation The SFDR regulation is being phased in over a period of 3 years [...]
The "EU Sustainable Finance Action Plan", one of its main objectives is to involve the financial sector in the EU's climate objectives. First part The EU Disclosure Regulation has created new sustainability transparency obligations for market participants. Significant investments are needed to meet the resilience, sustainability and [...]
In February 2022, the European Commission presented a proposal for a directive on Corporate Sustainability Due Diligence. According to the Council of the European Union, the Due Diligence Directive "will strengthen environmental and human rights protection in the European Union and beyond". A new European directive on Corporate [...]
According to Ademe (the French environmental agency), greenwashing consists of an organisation orienting its marketing and communication towards an ecological positioning. Whether it is the regulator, the consumer or companies worrying about its reputational and financial impact, all the actors in economic life are concerned about greenwashing. The [...]
In a 2018 study, Tim Newbold argues that climate change could become the leading cause of biodiversity loss by 2070, ahead of land-use change. Biodiversity degradation is thus both an additional driver of climate change and a threat to the ability of biodiversity to mitigate climate change. [...]
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