Publications - Corporate Governance and Sustainable Development
In this newsletter we compile the most relevant legal news on ESG matters in Spain, published by Garrigues and G-advisory.
On 30 October 2025, the Spanish National Securities Market Commission (Comisión Nacional del Mercado de Valores, CNMV) published a study in its second semi-annual Bulletin of 2025 analysing whether controversies related to environmental, social and…
The European Commission has published a recommendation on a voluntary standard for sustainability reporting for small and medium-sized enterprises.
It integrates ESG principles into the financing of the defence sector and helps both issuers and investors contribute to the achievement of Europe’s security objectives.
The Spanish securities supervisor has published the conclusions of the European review conducted by ESMA, which highlights progress in integrating sustainability risks, while identifying areas for improvement in disclosure and internal control.
In this newsletter we compile the most relevant legal news on ESG matters in Spain, published by Garrigues and G-advisory.
In this newsletter we compile the most relevant legal news on ESG matters in Spain, published by Garrigues and G-advisory.
The embedding of ESG factors in corporate governance and the prominent role of proxy advisors were key topics in the seminar How Institutional and Proxy Advisors Approach Sustainability at Listed Companies, organized by Garrigues Sustainable Dialogs.
The Council of Ministers has given the green light to the Draft of the Corporate Sustainability Reporting Law for the companies’ disclosure of the ESG matters, that will be processed as urgent.
These standards, which have applied since January 1, 2024, specify the information that companies must disclose on sustainability matters, as well as the uniform manner in which they must present it.
This proposal transposes into Spanish law the European directive on improving the gender balance among directors of listed companies and related measures, although it is more demanding in its scope than the provisions in the EU act. In labor law…
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…