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Articles

International Sustainability Standards Board issues first global sustainability disclosure standards

By Kari McCormick, Phil Spyropoulos, Christopher Shelton, and Sarah Turner (Eversheds Sutherland)

This article provides an overview of the International Sustainability Standards Board's inaugural sustainability disclosure standards. The standards are a significant step towards the development of a global baseline of corporate reporting standards on sustainability and climate change, integrated with financial reporting standards.

Articles

Sustainability and Competition Law (CMS)

By CMS

Learn about key regulatory developments and guidance at the intersection of competition law and sustainability in the European Union, the Netherlands, and the United Kingdom, in connection with calls for competition laws to support sustainability.

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.

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 This important question is tackled by draft guidance published by the Competition and Markets Authority (“CMA”) on 28 February 2023 (“guidance”).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.

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