There are so many ESG-related publications and developments that it is hard to keep abreast of them all. For this reason, every two weeks, our firm has been publishing a tracker of ESG-related publications and developments, with a primary focus on developments that may be of most interest to or impact our clients, be they corporates, asset managers or asset owners.

Key updates covered in this edition include:

  • the publication of the Commission Delegated Regulation (EU) 2022/1288, consisting of the regulatory technical standards under the EU Sustainable Finance Disclosure Regulation (SFDR), in the Official Journal of the European Union;
  • the publication by the Joint Committee of the three European Supervisory Authorities of the first annual report on the extent of voluntary disclosure of principal adverse impact under Article 18 SFDR; and
  • the Spanish Council of Ministers has approved a Royal Decree Law adopting economic sustainability measures, including, a new Emergency Energy Saving and Efficiency Plan.

If you have any ESG-related questions, please get in touch with your usual contact at HSF who will be able to direct you as appropriate.

Key items

This issue covers the period from 20 July to 4 August 2022.

Recent and upcoming HSF ESG-related publications, webinars and events

  • Check out our latest Decarbonising Cities Report, which features insights from our experts and key industry figures on how cities can spearhead the campaign to net zero.
  • Check out this year’s edition of our Corporate Debt and Treasury Report, which features current thinking and trends around ESG and sustainability-linked financings. Our insights are also available in the form of a podcast presented by Stacey Pang, Senior Associate from our Corporate Debt team, and Minolee Shah, Professional Support Consultant from our Debt Capital Markets team.
  • Check out the latest episode of our Third Wheel podcast, The need for speed (and pragmatic pathways) with Dr Chris Greig, Princeton University. In this episode, Partners Tim Stutt and Kathryn Pacey are joined by Dr Chris Greig, Princeton University, to discuss the energy transition, industry decarbonisation, technology and investment. Dr Greig shares the origin story and highlights of the Net-Zero America research project and breaks down the four make-or-break critical issues for energy transition.
  • Check out our recent blog post, Court finds unlawfulness in relation to Government’s Net Zero Strategy, which summarises the judgment and implications of the recent High Court decision to partially uphold a challenge to the Government’s Net Zero Strategy under the Climate Change Act 2008.
  • Check out our recent article, International Sustainability Standards Board—a template for global corporate sustainability reporting?, which explores the significance of the recent ISSB exposure drafts and how they are likely to influence future sustainability reporting practices. Note that a LexisPSL account is required to read the article at this link.
  • Check out our recent article, Climate change: Is it a legal issue?, which was published in the July/August 2022 edition of the Property Law Journal and outlines whether solicitors are obliged to consider the impact of climate change on property ownership as part of their advice to buyers and lenders.