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Sustainability

Climate change & ESG

Climate Action & Sustainability

Climate change and sustainability are set to be defining issues of this decade. As a future facing law firm, we are committed to addressing our own impact on the environment and approach to sustainability, as well as advising clients with their related legal needs. 

This section of Insight draws together the very latest hot topics, issues, analysis and advice from CMS lawyers across a broad range of Sustainability topics.

 

01/09/2022
ESG Hub
ESG factors have moved from being a niche concern to a strategic board level priority across all sectors and jurisdictions. Whether a business is a financial institution, an energy company, or a tech start-up – all companies with a future must now focus on ESG as a business imperative. 

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09/04/2024
Plastics and packaging laws in Slovakia
1. What is the general legislative framework regulating packaging and plastic waste in your jurisdiction? Act No. 79/2015 Coll. on Waste and on the amendment to certain acts (the “Waste Act”) is...
Comparable
25/01/2023
Key outcomes from COP-15
At the end of 2022, the 15th Conference of Parties of the United Nations Convention on Biological Diversity culminated in a new Global Biodiversity Framework to 2030. Twenty three targets require broad...
08/12/2022
ESG compliant changes to the Labour Code introduced on 1 November 2022
The Slovak market is undergoing an ESG (Environmental, Social, and Corporate Governance) transformation. The last amendment to the Labour Code, which became effective on 1 November 2022, reflects the...
09/11/2022
Global Life Sciences & Healthcare Forum 2022: The Life Sciences sector...
The opening of COP27 has brought an intense global focus on climate change and the towering demands needed to reach carbon net zero and to protect the environment. United Nations General Secretary Antonio...
07/11/2022
The recycling of certain plastics is subject to new requirements due to...
On 11 October 2022, a new European Commission Regulation (EU) 2022/1616 on recycled plastic materials and articles intended to come into contact with food (“Regulation 2022/1616”) came into force...
02/11/2022
Global Life Sciences & Healthcare Forum 2022: The legal sector has a key...
The United Nations has pledged to use its purchasing firepower to accelerate sustainability along the healthcare supply channel and called on the legal sector to support its efforts. Lawyers are critical...
12/10/2022
USB-type C Standard for portable devices in the EU
On 4 October 2022, the European Parliament adopted a proposed law that means by the end of 2024, there will be one single charger for all mobile phones, tablets, digital cameras, headphones, headsets...
24/06/2022
Regulation on foreign subsidies is heading for the finish line - European...
Since 5 May 2022, EU trilogue negotiations have been underway on the first Regulation to limit the effect of subsidies from third countries to companies active in the EU. That an agreement will be reached...
24/05/2022
The ESAs have submitted further SFDR queries to the Commission
I. Background While Level 1 of the Sustainable Finance Disclosure Regulation (“SFDR”) has been applicable for over a year, the investment funds managers have been facing uncertainties with regards...
20/05/2022
DEBRA – The new EU tax initiative aiming at promoting a fair and sustainable...
Within the EU a widespread asymmetry exists between debt and equity financing. Usually, interest is tax deductible from the corporate income tax base while dividends do not benefit from such advantage...
11/05/2022
SFDR’s Principal Adverse Impacts Indicators on course to change
The European Commission has given the European Supervisory Authorities (“ESAs”) a mandate to review the SFDR Delegated Regulation indicators for principal adverse impact and the financial product...
11/05/2022
SFDR continues to evolve: more granular disclosures to be proposed on in­vest­ments’...
Financial products with exposures in fossil gas and nuclear energy are likely to have more granular reporting requirements under the Sustainable Finance Disclosure Regulation (“SFDR”). The European...