May 17, 2023 English High Court denies ClientEarth's "world-first" climate-related derivative action against the directors of Shell By Lois Horne Chloe Edworthy Riley Forson On 12 May 2023, the English High Court denied permission to ClientEarth to proceed with a substantive application for permission to...
May 15, 2023 Oil still present on claimants’ land not a “continuing private nuisance” according to the UK Supreme Court in the ongoing Jalla v Shell litigation By Chloe Edworthy Riley Forson Madeleine Brown For the second time this year, the Supreme Court has given guidance on the tort of private nuisance. Following the decision in Fearn...
May 09, 2023 Sustainable drafting for sustainability-linked loans? By Rachel Richardson Andrew Perkins Adam Caines Jamie Macpherson +1 more... Show less On 4 May 2023 the Loan Market Association (LMA) published model provisions for those borrowing, lending and arranging...
Mar 31, 2023 Naturemarket sweep By Henry Vane Amid the wave of government announcements to mark “Green Day”, the catchily named Nature Markets: A framework for scaling up private...
Mar 20, 2023 ESG laundering: private fund managers reconsidering where their capital is coming from By Harriet Miller We have seen significant growth in the number of private funds being raised that consider sustainability characteristics or seek to have...
Dec 20, 2022 Could Minimum Energy Efficiency Standards (MEES) be about to bite? By Erin Gilliland Ellie Herve In 2015, the Government introduced the Minimum Energy Efficiency Standards (MEES) to look to drive improvements in the energy efficiency...
Dec 15, 2022 ESG collective proceedings in the Competition Appeal Tribunal – a natural new home or a fleeting visit? By Simon Day Jennifer Reeves Zoe Carter Riley Forson +1 more... Show less ESG litigation risk has become a growing concern for businesses as claimants pursue increasingly innovative causes of action (see our...
Dec 14, 2022 Will the Edinburgh Reforms make a difference? By Alexandra Green Michael Sholem Gavin Haran On 9 December, the Chancellor announced a package of over 30 reforms to the UK’s financial regulations, an attempt to achieve the biggest...
Oct 13, 2022 Nature based climate solutions and the LSE’s Voluntary Carbon Market By Rachel Richardson Climate scientists now believe that there is a 50% probability of the earth’s average temperature exceeding 1.5 degrees celsius above...
Sep 20, 2022 The Merge - crypto meets ESG By Christopher Charlton Madeleine Brown Sheila Dines The much-hyped “Merge”, whereby the Ethereum blockchain merges with a system called Beacon Chain, has finally happened. The change moves...
Jul 19, 2022 Court of Appeal revives significant environmental group action against BHP Group By Simon Day Chloe Edworthy Riley Forson The Court of Appeal has granted permission for a significant group action to proceed against one of the world’s largest mining concerns,...
May 27, 2022 New guidance for tax as a governance matter in 2022 By Lucy Urwin The European Business Tax Forum (EBTF) last week released its first working draft of a set of “best practices for good tax governance”....
Apr 27, 2022 FCA implements new requirements for board and executive diversity reporting By Dominic Sedghi Dan Lavender Helen Harvey Macfarlanes' Corporate Law Update reported on the Financial Conduct Authority (FCA)’s recently-published policy statement on diversity...
Apr 14, 2022 Challenges and opportunities for ESG-linked pay in 2022 By Lucy Urwin Last week Ras Berglund and I spoke at the ESOP Centre’s 2022 Share Schemes Symposium about the growing impact of ESG on executive...
Mar 29, 2022 For climate disclosures, is this a race to the top? By Dominic Sedghi Rachel Richardson Harry Coghill The announcement last week by the U.S. Securities and Exchange Commission (SEC) that it intends to introduce wide-ranging climate-related...
Mar 25, 2022 CMA publishes latest guidance on sustainability, competition and consumer law By Sophie Chesterton Gina Sternberg Last week, the Competition and Markets Authority (CMA) published a response to three questions posed by the Government as regards to...