New rules for energy price caps in Czech Republic (Eversheds Suthereland)
This article discusses the Czech Republic government adopts a long-awaited amendment changing rules for energy price caps applicable to large enterprises.
This article discusses the Czech Republic government adopts a long-awaited amendment changing rules for energy price caps applicable to large enterprises.
Read a summary of key developments in California environmental law to consider in 2023.
In a push to increase consumer understanding around the meaning of "carbon neutral" and "net zero" claims, the UK Committee of Advertising Practice (CAP) and Broadcast Committee of Advertising Practice (BCAP) have provided some updated guidance on misleading environmental claims and social responsibility in advertising. The guidance is intended to help encourage transparency and consensus of environmental-related claims in British advertising.
This article has been developed based on existing Code rules, rulings and a review of environmental claims and issues in advertising. This will be key for the air travel, energy and automotive sectors. The focus is on carbon neutral and net zeros adverts, as they are the most commonly encountered claims.
This article discusses the EU Council and Parliament September 2023 announcement that they have provisionally agreed to new rules to specifically prohibit certain types of misleading green claims.
Learn about the implications of climate risk for the financial sector, financial risk, litigation, and greenwashing.
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.
Learn corporate governance trends for public companies in the United Kingdom, following the publication of the annual review from the UK Financial Reporting Council (FRC) in light of the UK Corporate Governance (UKCG) Code.
This article discusses the UK Financial Conduct Authority's guidance setting out next steps to enhance sustainability reporting by listed companies.
In January 2023, the UK's Competition and Markets Authority (CMA) published its much awaited consultation on its Draft Guidance on Horizontal Agreements. The CMA clearly indicated that it proposes to take advantage of its post-Brexit freedom and to depart from the position on this issue taken by the European Commission as set out in its Draft Guidance on Horizontal Agreements, and to take a more radical and permissive approach to the role competition law has to play in supporting environmental sustainability initiatives.
In 2021, in the context of the common agricultural policy reform 2023-2027, the European Parliament and the Council of the European Union adopted a new exemption from competition rules for certain agricultural products. Specifically, Article 210a of Regulation 1308/2013 establishing a common organisation of the markets in agricultural products (“CMO Regulation”) introduced an exclusion from the prohibition against anti-competitive agreements (or “cartels”) for certain restrictive agreements in the agricultural sector when those agreements are indispensable to achieve sustainability standards. In this latest development, on 10 January 2023, the European Commission (“Commission”) published for consultation its draft guidelines on how this exclusion should apply. The Guidelines seek to clarify how operators active in the agri-food sector can design joint sustainability initiatives in line with Article 210a.
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