Maria Cronin

Beware the rising tide of environmental and human rights litigation

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As environmental, social and governance (ESG)-related legislation and regulation becomes an ever-increasing focus for governments and regulators across the globe, companies face complex challenges, with increasing exposure to environmental and human rights litigation across multiple jurisdictions. As regulations continue to evolve, companies must proactively manage ESG-related risks and stay ahead of evolving ESG laws to avoid […]

The Omnibus Simplification Package: reduced EU corporate sustainability reporting?

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The European Union is expected to publish an Omnibus Simplification Package (Omnibus) in February 2025 aimed at consolidating existing EU corporate sustainability reporting requirements. Those requirements are contained within the EU Taxonomy Regulation (the Taxonomy Regulation), the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD). The EU Commission President, Ursula […]

Maria Cronin

Shareholders turn up the heat on ESG-related money laundering

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UK law enforcement agencies are increasingly turning their attention to ESG breaches, and not just to those committed by organisations themselves but also their suppliers. Maria Cronin was quoted in the City A.M. ‘Eyes on the Law’ column of 21 October, commenting on how regulators are taken ESG failures more and more seriously. She said: […]

Peters & Peters launches ESG Enforcement Tracker

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Business engagement in environmental sustainability and social responsibility has come into sharp focus since the Paris Agreement in 2015 (now commonly referred to as “environmental, social, and governance”, or “ESG”). While ESG as a concept has existed for almost a decade, the prominence and development of “ESG civil litigation” and “ESG criminal enforcement” is more […]

James Tyler

Government and regulators under pressure to show action on ESG concerns

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In August, chancellor Rachel Reeves confirmed that she would continue the previous government’s plan to regulate the sustainability ratings industry.   Also known as environmental, social and governance benchmarking, this is a growing industry that provides ratings on ESG in respect of firms and products. In this article for FT Adviser, James Tyler discusses the plans […]

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Event: ESG Enforcement Evening

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Please join us on 16 October for our ESG Enforcement Evening. The event will feature a keynote address from Dr Alexander Schmidt, Head of Science, Sustainability, and Climate Research at Normative. The evening will also be a great opportunity for ESG practitioners, journalists, NGOs, and others to meet over drinks, canapés and discuss the ESG […]

Fred Kelly

Companies must wake up to environmental and human rights supply chain risks

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Global sustainability-related legislation and regulation are developing fast, exposing international companies to complex ESG-related risks. One area in which businesses are facing particular challenges is supply chain liability and, while they might be used to dealing with other types of risks in that space, ESG-related due diligence is fast becoming an important requirement for them […]

James Tyler

FCA reveals it is pursuing a climate-related investigation

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In a historic first, last month, the Financial Conduct Authority (FCA) confirmed that it had opened a climate-related enforcement investigation against a company. This information was provided in response to a freedom of information request by legal activist organisation ClientEarth. It represents a key milestone on the path to joining regulators in the US, Germany […]

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FCA steps up its ESG focus with introduction of anti-greenwashing rule

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The Advertising Standards Agency (ASA) and latterly the Competition and Markets Authority (CMA) have been leading the UK regulatory charge with respect to policing claims relating to the sustainability characteristics of products and services. However, the Financial Conduct Authority (FCA) now appears to be picking up the baton. What is the anti-greenwashing rule? The FCA […]

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Tackling ESG regulation across multiple jurisdictions – a conundrum for multinationals

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ESG-related legislation and regulation are increasingly a focus for companies operating internationally. Scanning the horizon for new developments and adapting their business practices accordingly will be key to ensuring compliance, especially in the face of diverse and ever-changing requirements. In this article for The World Financial Review, Maria Cronin and Fred Kelly discuss why there […]