Environment

Recent Articles

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  15/04/2025

  Germany

  Corporate Purpose

  This blog article aims to shed some light on the concept of "corporate purpose". What's behind it? One thing's for sure: It's not a legal concept – at least not in the traditional sense.So what actually is corporate purpose?The term "corporate purpose" refers to a specific philosophy that has attracted increasing attention in legal literature and the corporate landscape in recent years. In essence, corporate purpose describes the purpose of a company going beyond economic success and the intention of making a profit and also integrates social responsibility. The idea is simple, but in a way...

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  15/04/2025

  Germany

  Collaborative engagement and acting in concert in the interests of sustainable management – a balancing act for investors

  The coordinated approach of investors towards companies enables them to exert a combined influence on ESG issues, but it is a balancing act.Sustainability factors are playing an ever more important role in today's business landscape. (Institutional) investors are making increasing demands in this respect, not least in the interests of their stakeholders. In order to pursue these common goals, it is beneficial for them to enter into dialogue and join forces with their holding companies. However, this form of collaboration also harbours considerable legal risks, especially if it is considered "acting...

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  15/04/2025

  Germany

  What role will ESG play for management in the future?

  ESG has gone from being just a hype to a strategy. In our blog series, we shed light on the implications this has on management.Most of the planned ESG legislation has now been passed. It's time to take stock and have a closer look at the role ESG will play for management in the coming years. One thing is already clear: ESG has become a strategy and is thus a matter for management to address. It doesn't simply involve working through detailed checklists (although that is part of it); it is an economic and legal megatrend that requires management to manage the opportunities and risks for their company...

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  11/04/2025

  Ireland

  EU Omnibus Update: Impact for Irish Businesses

  In our recent article, we explored the sweeping changes proposed by the European Commission (“EC”) in its ‘Omnibus’ packages, namely:a directive to postpone the application of the Corporate Sustainability Reporting Directive (“CSRD”) to wave 2 and 3 companies by two years and the Corporate Sustainability Due Diligence Directive (“CS3D”) by one year (“stop-the-clock proposal”);a directive introducing substantial amendments to the CSRD and the CS3D;a regulation to amend the Carbon Border Adjustment Mechanism (“CBAM”); anda delegated...

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  10/04/2025

  England and Wales

  UK announces sweeping regulatory reforms, including environmental and planning overhaul

  The UK government has proposed sweeping reforms to the UK’s regulatory structures and processes which will affect sectors such as aviation, consumer protection, data protection energy, environment and planning, finance, healthcare, health and safety, pensions and technology.The reforms have been published in a government policy paper: New approach to ensure regulators and regulation support growth (the “New Approach Paper”) with aims to ‘overhaul’ the regulatory system so that it supports growth, is targeted, proportionate, transparent, predictable and adapts to keep...

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  07/04/2025

  England and Wales

  The Planning and In­fra­struc­ture Bill – Nature Recovery and the Nature Restoration Fund

  The Planning and Infrastructure Bill (the Bill) was introduced to Parliament in March, after having been first announced in the King’s speech in July 2024. The Bill is part of the Government’s wider planning reform programme and aims to “speed up and streamline the delivery of new homes and critical infrastructure”. We have summarised the key provisions of the Bill in our article here.Part 3 of the Bill turns to ‘Development and Nature Recovery’. The provisions are complex and introduce a major step-change in how developers must mitigate the environmental effects...

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