The goal of the European Green Deal is to transform the European economy for a sustainable future. The ambition for the European Union to become climate neutral is contained in the 2030 and 2050 climate targets. One of the goals is the creation and implementation of a clean, circular economy. The Waste Regulation therefore sets […]
The “Farm to Fork” strategy is part of the European Green Deal. The strategy aims to make food systems fair, healthy and environmentally friendly. The construction of the strategy An environmentally friendly food system helps accelerate the sustainability transition. This is a system that (i) has a neutral or positive impact on the environment, (ii) […]
We have previously written about the taxonomy regulation in general and its extension to gas and nuclear activities. These blogs have discussed the requirements that European legislation imposes on SRI. The European Commission is now proposing a “list of green investments”. However, the extension of the list to include gas and nuclear activities has become controversial. […]
We have previously written about the Taxonomy Ordinance. Among other things, the Taxonomy Ordinance sets out when investments qualify as environmentally sustainable. The Taxonomy Regulation forms together with the SFDR (Sustainable Finance Disclosure Regulation), the CSRD (Corporate Sustainability Reporting Directive), the Sustainability Benchmark Regulation the European “Sustainable Finance” legislative package. Since January 2022, the European […]
In the period from 31 October to 12 November 2021, the 26e Conference of Parties (COP) of the United Nations Framework Convention on Climate Change (UNFCC) took place in Glasgow. On the agenda was the further elaboration of the Paris Climate Agreement (2015). I: climate targets In the Paris Climate Agreement (2020), 195 states and […]
On 11 March 2021, members of parliament introduced a bill for the Responsible and Sustainable International Business Act. The proposal is for “rules for due diligence in production chains to counteract violations of human rights, labour rights and the environment in the conduct of foreign trade”. The proposal is in line with international and national […]
On 17 September 2021, the European Commission proposed a regulation to address deforestation: the Commission’s proposal concerning the making available on the EU market and the export from the EU of certain goods and products related to deforestation and forest degradation and repealing Regulation 995/2010. Hereinafter this proposal will be referred to as the Forest […]
The market for green financial products has experienced tremendous growth in recent years. However, for a long time it was uncertain whether these products were light, dark green or even in fact grey. The extensive Taxonomy Regulation (Regulation (EU) 2020/852) that came into force in July 2020 seeks to increase transparency within this market by […]
At the end of April this year, the European Commission (hereinafter: ‘Commission’) announced its intention to extend the Directive 2014/95/EU regarding the publication of non-financial information (the Non-financial Reporting Directive, hereinafter: ‘NFRD’). In the future, corporate social responsibility (CSR) disclosure should also be taken into account. This intention stems from the European Green Deal which […]
An analysis by Milieudefensie/Royal Dutch Shell Recently, the District Court of The Hague ruled in favour of Milieudefensie: Royal Dutch Shell (hereafter: ‘RDS’) failed in its policy to prevent dangerous climate change and was ordered to achieve a 45% reduction within the Shell group (hereafter: ‘Shell’) by the end of 2030. This ruling must have […]
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