ESG

Recent Articles

•  

  19/03/2024

  After many postponements, the Council of the European Union reached an agreement on the Corporate Sustainability Due Diligence Directive (CSDDD)

  As part of the European Green Deal, the European Commission proposed the Corporate Sustainability Due Diligence Directive (“CSDDD” or the “Directive”) on 23 February 2022, with the aim to introduce a new requirement on companies to conduct sustainability due diligence across their operations, subsidiaries and value chain. Under the CSDDD, in-scope companies will be required to establish due diligence processes to identify, prevent, mitigate and address the potential negative impacts on the environment and human rights. In-scope companies will also be required to report on...

  Read more
•  

  18/03/2024

  Financial Services Webinars On Demand

  Click here to view recordings of CMS financial services webinars available on demand. Webinars are a convenient way to stay informed and hear from our legal experts. 

  Read more
•  

  19/02/2024

  Financial Services Webinars On Demand

  Use the below link to view recordings of CMS financial services webinars available on demand. Webinars are a convenient way to stay informed and hear from our legal experts.   

  Read more
•  

  29/11/2023

  Financial Services Webinars On Demand

  Use the below link to view recordings of CMS financial services webinars available on demand. Webinars are a convenient way to stay informed and hear from our legal experts.     

  Read more
•  

  28/11/2023

  FCA’s Policy Statement 23/16: Sustainability Disclosure Requirements (SDR) and investment labels

  Further to the FCA’s CP22/20 the FCA has published, on 28 November, its final rules and guidance to help consumers navigate the market for sustainable investment products (“PS23/16”).There is a huge amount of detail within PS23/16, and we will be providing more extensive commentary in the days to come. For now, we have highlighted the main changes from CP22/20, included the amended implementation timeline and a summary of the final package. What is changing in response to CP22/20?Most of the CP22/20 proposals have been amended – some more significantly than others –...

  Read more
•  

  21/07/2023

  Future regulatory regime for ESG ratings providers: the wholesale markets response

  On 30 June 2023, the International Swaps and Derivatives Association ("ISDA”) and the Association for Financial Markets in Europe (“AFME”) (the “Associations”) published a Joint Associations Response (the “Industry Response”) to HM Treasury’s Consultation on the future regulatory regime for environmental, social and governance (“ESG”) ratings providers (the “Consultation”). We have previously written about the development of a Voluntary Code of Conduct for ESG Ratings and Data Product Providers (the “Voluntary Code”)....

  Read more