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Environmental, social and governance
2021 Annual Litigation Trends Survey
United States | Publication | March 7, 2022
Norton Rose Fulbright's 2021 Annual Litigation Trends Survey indicates that environmental, social and governance (ESG) issues and related disputes are top of mind.
Companies in the energy and finance sectors specifically expressed a strong interest in ESG topics, with carbon neutrality being frequently mentioned.
In 2021, concern over ESG issues grew significantly. Of those surveyed, 37% said they were more concerned compared to 21% who said so in 2020.
Companies in the energy and finance sectors expressed the strongest interest in ESG topics, with climate change and carbon neutrality being frequently mentioned. Legal departments are highly engaged with ESG issues: most respondents said their group is highly or at least moderately involved, with only a small minority feeling this was outside their purview.
Download the 2021 Annual Litigation Trends Survey for more details.
This issue
Recent publications
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Publication
Global offshore wind: UK
The UK remains a world leader in offshore wind, accounting for roughly 20 percent of global offshore wind capacity, with 11.3 GW operational. It is forecast that installed capacity will rise to 19.5 GW by mid 2020s.
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Publication
The Energy Performance of Buildings Directive: building a sustainable future
The Energy Performance of Buildings Directive (the Recast EPBD) entered into force on 28 May 2024. The Recast EPBD repeals the Energy Performance of Buildings Directive 2010 (the Repealed EPBD). The Repealed EPBD will remain as transposed in the laws of England and Wales, and the Recast EPDB will only be transposed into the national legislation of EU Member States. The overarching aims of the revisions set out in the Recast EPBD reflect the common themes of European climate legislation to speed up the transition to renewables and rapidly reduce energy consumption. We set out below a summary of the key provisions under the Recast EPBD, when the provisions take effect and a comparison with the Repealed EPBD.
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Publication
The EU Gas and Hydrogen package
On 21 May 2024, the European Council (or Council) adopted the so-called ‘Hydrogen and decarbonised gas market package’ (the Gas Package). The package contains a recast of the 715/2009 gas regulation (Gas Regulation) and a recast of the 2009/73 gas directive (Gas Directive) aimed at reforming the existing EU regulatory framework to support the deployment of renewable and low-carbon gases, in particular hydrogen. As such, it represents a major development in the EU gas market.
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