Publications - Sustainability
In this newsletter we compile the most relevant legal news on ESG matters in Spain, published by Garrigues and G-advisory.
One of the targets of the Competitiveness Compass, which will guide the Commission’s work over the next five years, is to reduce the regulatory and administrative burden drastically. In this context, the Omnibus proposal, expected in February, will…
Commission Implementing Regulation (EU) 2024/3172 introduces new obligations for credit institutions, which will have to disclose half-yearly information on environmental, social and governance (ESG) risks, as well as on the impacts of climate…
A new European directive introduces the concepts of "sustainability risk" and "sustainability factors" into the risk management of (re)insurers, obliging them to integrate them into their systems and strategic plans. It also relaxes disclosure…
The aim is to address the increase in packaging waste in the EU, boost the circular economy and increase the rules governing the internal market for packaging.
A new regulation introduces the requirements to be met by ESG rating providers as well as the regulated financial undertakings using them and seeks to enhance their reliability and comparability.
They recommend preparing non-financial information statements in line with the new EU rules, without overlooking the Spanish corporate law rules in force
The Nature Restoration Regulation has a particular impact on companies in the food industry, in direct relationship with land and sea ecosystems that could be affected by the restoration obligation due to their degradation.
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.
In a new edition of Garrigues Sustainable Dialogs, we covered the most relevant and complex legal and technical aspects that companies should consider when drafting their sustainability report pursuant to the CSRD Directive.
The new legislation develops for this waste stream the extended producer responsibility scheme provided for in the Waste Law and imposes obligations on public authorities and economic operators.