On May 24, 2024, the European Council announced the approval of the Corporate Sustainability Due Diligence Directive (“CS3D”) by the Member States. This marked the final step in the adoption of the law, which imposes mandatory obligations on large companies
The Critical Raw Materials Act (“CRMA”), proposed by the European Commission on March 16, 2023, aims to ensure a diverse, secure, and sustainable supply of critical raw materials for European Union (“EU”) industries and came into force on May 23,
On May 27, 2024, the Council of Europe announced that member states have approved new regulations for an “Ecodesign” framework that sets sustainability requirements for almost all products across the European Union, and introduced a new ban on the destruction
The European Securities and Markets Authority (ESMA), the European Union’s markets regulator, announced on May 14, 2024, the publication of its final guidelines (the “Guidelines”) on the use of ESG and sustainability-related terms in investment fund names.
The Guidelines include required
The Government of Canada has announced the launch of a new Federal Plastics Registry, requiring plastic manufacturers to report the quantity and type of plastic they place on the Canadian market and track its life cycle from production to end-of-life
On March 28, 2024, the Paris Judicial Court dismissed a lawsuit filed by TotalEnergies, one of France’s largest oil and gas companies, against an environmental non-governmental organization (“NGO”) and a consulting firm. The lawsuit, based on allegations of disseminating misleading