Publications - Sustainability
Europe promotes repairs in its quest to achieve a circular economy
Manufacturers will have to repair any goods for which the EU lays down repairability requirements where the defects are not due to the non-conformity of the goods with a sales contract.
The European Union sets its sights on the complete decarbonization of the building stock by 2050
The new directive on the energy performance of buildings tackles the need to reduce the environmental impact of the building sector, which accounts for 40% of total energy consumption in the EU and 36% of its greenhouse gas emissions.
The EU extends the list of environmentally unfriendly behaviour that can be punished under criminal law
Directive 2024/1203 strengthens European environmental criminal law and requires Member states to ensure that such activities are punishable under their laws by 21 May 2026. It also establishes a profuse penalty regime that Member states will have…
How the EU will limit the sale of commodities that cause deforestation
Barely five months from now, the obligations contained in the European Regulation on deforestation aimed at avoiding the introduction, making available and export of certain commodities and products associated with deforestation and forest…
The Official Journal of the European Union publishes the corporate sustainability due diligence directive
After it has come into force, companies will have to start the steps needed to ensure fulfillment of the directive’s obligations within the time periods imposed by the European Union. To assist with this task, we share below a chart with the key…
Regulation seeking to ensure that only products that meet ecodesign requirements can be placed on the EU market has been published
The regulation, which comes into force on July 18, introduces a digital product passport, which enhances traceability and information on sustainability, prohibits the destruction of unsold products and lays down green public procurement requirements…
The CNMV's new guide on audit committees includes new indications on sustainability reporting
The updated document brings the terminology used into line with the provisions of the CSRD Directive, draws a distinction between the roles of audit committees and those of sustainability committees, and offers recommendations regarding the…
CSRD Directive: The CEAOB has prepared draft guidelines on limited assurance engagements in respect of sustainability reporting
The draft of these non-binding guidelines, prepared by the Committee of European Auditing Oversight Bodies (CEAOB) and subject to public consultation until July 22, 2024, addresses important aspects such as the processes necessary to understand and…
The clock starts ticking for companies following approval of the corporate sustainability due diligence directive
The EU act setting out companies’ obligations in relation to the human rights and environmental impacts of their activities is already a reality. Companies are now well advised to familiarize themselves fully with the obligations, and especially,…
The European Council gives the green light to the directive on companies’ obligations in relation to the human rights and environmental impacts of their activities
At a Competitiveness Council meeting held on May 24, the European Council gave final approval to the corporate sustainability due diligence directive which lays down responsibilities for companies and requires them to adopt and implement a climate…
Garrigues Sustainable Newsletter - April 2024
In this newsletter we compile the most relevant legal news on ESG matters in Spain, published by Garrigues and G-advisory.
European Parliament gives green light to Directive on Corporate Sustainability Due Diligence
The directive regulates companies’ obligations relating to actual and potential adverse human rights and environmental impacts, liability for breaching such obligations and the requirement that companies adopt and put into effect a transition plan…