There are so many ESG-related publications and developments that it is hard to keep abreast of them all. For this reason, every two weeks, our firm has been publishing a tracker of ESG-related publications and developments, with a primary focus on developments that may be of most interest to or impact our clients, be they corporates, asset managers or asset owners.
Key updates covered in this edition include:
- COP15 concluded in Montréal with a global agreement to protect nature, biodiversity and the planet;
- agreed revisions to the EU Emissions Trading System to strengthen the system by reducing allowed emissions and including new sectors (eg shipping and aviation);
- the EU agreed the Carbon Border Adjustment Mechanism to apply import taxes for embedded carbon in certain goods imported into the EU;
- The Spanish Council of Ministers has approved the Sustainable Mobility Bill that will be sent to the Parliament for processing and approval in 2023;
- The Spanish Government has approved the reform of the Spanish Forestry Program to guarantee a good forest management.
Read the complete tracker, here.
If you have any ESG-related questions, please get in touch with your usual contact at HSF who will be able to direct you as appropriate.
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Disclaimer
The articles published on this website, current at the dates of publication set out above, are for reference purposes only. They do not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking any action.