Eye on ESG
Tracking the Transition to Sustainable Business and Finance
By: Mayer Brown
Nupur Agrawal
Latest from Eye on ESG
Leveraging Taxonomies: How Asset Managers Are Using New Sustainability Classification Systems – Part III
By Mark Uhrynuk, Alexander W. Burdulia & Nupur Agrawal
The sustainable investing market is witnessing remarkable growth: since 2018, annual cash flows into sustainable funds have increased tenfold. Now, more than ever, investors and asset managers alike seek sustainable products and strategies offering robust financial returns. The field,…
International Sustainability Standards Board Commences its Streamlining of the Sustainability Disclosure Landscape
By James Whitaker & Oliver Williams
Much is heard of the plethora of – often disparate – disclosure regimes and standards around sustainability, and the attendant difficulties for stakeholders, including investors, customers, and the public more generally, of assessing and comparing performance in a meaningful way. …
Leveraging Taxonomies: How Asset Managers Are Using New Sustainability Classification Systems – Part II
Social factors – Time to focus on the "S" of the ESG
By Hagen Köckeritz
A company's ability and commitment to include en­vironmental, social, and governance (ESG) factors in its strategy becomes more and more important to investors, consumers, policy makers, civil socie­ty organizations and other stakeholders. There is a funda­mental societal shift towards sustainability and…
Leveraging Taxonomies: How Asset Managers Are Using New Sustainability Classification Systems – Part I
New Environmental Disclosure Rules To Take Effect in China
By Mark Uhrynuk, Alexander W. Burdulia & Joey C.Y. Lee
In order to implement the "Plan for the Reform of the Legal Disclosure System of Environmental Information" issued by China's Ministry of Ecology and Environment (MEE) in May 2021, the MEE has issued new disclosure rules (Rules) that will require…
Climate Change and Investment Treaty Arbitration
By Kwadwo Sarkodie, Charles E. Harris II, Rachael O'Grady & Oliver Williams
The pressure on States and corporates to take action to address the socio-economic and environmental impacts of climate change is rapidly increasing. This pressure has resulted in a substantial rise in the number of climate change-related disputes. Although many of…
FHFA Releases Statement on Climate Change
By Laurence E. Platt, Kris D. Kully & Kerri Webb
Climate change is a serious threat to the US housing finance system. That is the conclusion reached by the Federal Housing Finance Agency ("FHFA") in a December 27th statement. In the statement, Acting FHFA Director Sandra L. Thompson recognizes that…
Business and Human Rights – The Netherlands to Introduce Mandatory Human Rights Due Diligence Legislation
By Sam Eastwood, James Ford, Libby Reynolds & Mingli Wu
On 6 December 2021, the Netherlands became the latest European government to announce plans to introduce mandatory human rights and environmental due diligence (HREDD) legislation at a national level, adding to a growing movement and proliferation of national HREDD laws.…
Brazilian Securities Commission Establishes ESG Information Disclosure Criteria for Listed Companies
By Beatriz Lavigne, Carlos Motta, Daniella Raigorodsky Monteiro, Luis Montes & Luiz Gustavo Bezerra
The Brazilian Securities Commission (CVM) issued, on December 22, 2021, CVM Resolution No. 59 (RCVM 59), which amends CVM Rule No. 480 (CVM Rule 480). This new normative arises from Public Consultation No. 09, closed in March 2021, and…