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Articles

UK competition authority gives green light to environmental sustainability agreements (Eversheds Sutherland)

By Eversheds Sutherland

Can companies collaborate in the interests of environmental sustainability agreements without breaching competition law in the UK? This important question is tackled by draft guidance published by the Competition and Markets Authority (“CMA”) on 28 February 2023 (“guidance”). The guidance sets out the CMA’s proposed approach to how agreements between competitors in relation to environmental sustainability will be assessed and aims to provide businesses with clarity and comfort on the CMA’s enforcement approach to encourage such initiatives to be progressed. The guidance aligns with the important role the CMA considers it has to play in tackling climate change, as noted in a recent statement by the CMA’s CEO on 25 January 2023.

Articles

The SEC’s Final Climate Disclosure Rules: Requirements, Practicalities, and Next Steps

By Paul A. Davies, Sarah E. Fortt, and Betty M. Huber (Latham & Watkins LLP)

On March 6, 2024, the US Securities and Exchange Commission approved final rules requiring companies to disclose certain climate-related information in registration statements and annual reports.

This resource explains the requirements set forth in the final rules and sets forth practicalities and next steps for compliance.

Resource

California’s Transformational Single-Use Packaging EPR Law Moves Toward Implementation

By Susan E. Smith, Allyn L. Stern, Jeff D. Clare, and Claire S. McLeod Ruiz (Beveridge & Diamond PC)

This article provides an overview of California' Single-Use Packaging extended producer responsibility (EPR) law. The law imposes prohibitions for certain single-use packaging and plastic single-use food service ware in California.

The law also imposes significant recycling and EPR requirements for “producers” of single-use packaging and food service items sold or otherwise distributed in California.

Articles

EU Sustainability Reporting Standards Include New Worker Transparency Duties

By Diane Gilhooley, Thomas Player, Christopher Shelton (Eversheds Sutherland)

This article discusses the European Commission's adopting the first set of EU Sustainability Reporting Standards (ESRS). The ESRS are mandatory common standards by which in-scope companies must report comparable, consistent and detailed information across environmental, social and governance (ESG) issues.

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