KPMG’s June regulatory radar says the European Commission’s consultation on revised ESRS and the voluntary standard for smaller companies closed on June 3, with final standards expected imminently.
The SEC’s proposed rescission of its climate-related disclosure rules was published in the Federal Register on June 3, with comments due August 3.
CDP says it will become two distinct organisations: commercial CDP, backed by Permira, and CDP Foundation, a nonprofit focused on translating science into disclosure methods.
The ACCC commenced Federal Court proceedings alleging Grill’d misled customers about when it would donate $1 from Tuesday burger purchases to an environmental cause.
Arendt reports that Luxembourg’s law implementing Directive (EU) 2024/825 was published on June 9 and applies from September 27, 2026.
Cornerstone Barristers’ London Climate Action Week guide lists legal-sector events on climate literacy, banks’ potential tort liability for fossil-fuel finance, rule-of-law implications and the launch of a global climate-litigation snapshot.
Latham reports that the European Commission opened a consultation on June 14 for future CSDDD implementation guidelines, with responses due July 24.
Sidley says China’s Regulations on Industrial and Supply Chain Security took effect April 7 and create new scrutiny for activities perceived to disrupt China-linked supply chains.
Latham reports that the Fifth Circuit granted a stay of the preliminary injunction blocking Texas SB 13, which restricts certain public investments and contracts with financial institutions deemed to boycott energy companies.
Sidley reports that 19 states and the District of Columbia sued on June 10 to challenge President Trump’s Executive Order No.
The Harvard Law School Forum reports that approximately 135 ESG-related proposals had gone to votes as of May 31, representing almost 35% of shareholder proposals voted on to date.
SBTi’s Corporate Net-Zero Standard V2.
The Legal Sustainability Alliance is highlighting resources including its Small Firm Hub, carbon calculator, Climate Trunk, resource library and Climate Change Legal Knowledge Hub.
Greenpeace has demanded information from JBS about $2.
EFRAG’s Sustainability Reporting Board discussed non-EU reporting standards for CSRD, with exposure drafts expected in July, a 100-day consultation and a 70-day field test.
E3G welcomed a simplified ESRS package that preserves double materiality while cutting datapoints by more than 60%.
The DLA Piper roundup highlights Louisiana legislation that would grant broad retroactive immunity from climate accountability litigation and New Zealand proposals to preclude current and future civil climate tort claims.
New Zealand’s Financial Markets Authority has updated and renamed its ESG claims guidance as sustainability-related disclosure guidance, with principles around clear, substantiated and consistent claims and managed third-party involvement.
PwC reports that the USTR has identified 60 economies as failing to enforce forced-labour import bans and proposed additional duties, while a June 3 executive order prioritizes forced labour, origin, marking, IP and revenue enforcement.
The FCA has opened a consultation on simplifying product-level climate disclosure requirements for UK investment products.
DLA Piper’s sustainability-law roundup flags California SB 253 Scope 1 and 2 disclosure timing, an August 3 comment deadline on the SEC climate rescission proposal and an open TISFD beta consultation through July 31.
Mayer Brown’s readout of German, Belgian, Dutch and French EUDR dry runs indicates that regulators are likely to inspect concrete due diligence evidence, shipment-level data and operational systems, not merely paper programs.
A group of lawyers, academics and human-rights advocates has urged the European Commission to accelerate guidance on environmental and human-rights due diligence under CSDDD.
The EEOC has approved a FY2025-2029 National Enforcement Plan replacing its prior strategic plan and aligning enforcement priorities with the agency’s current leadership.
Gowling WLG’s real-estate analysis argues that environmental performance is now a baseline expectation for legal-sector offices, with firms prioritizing credentials, carbon performance and wellbeing amenities.
The Legal Sustainability Alliance is emphasizing its annual report, resource library, Small Firm Hub, carbon calculator and Climate Change Legal Knowledge Hub for law-firm members.
DLA Piper notes Texas litigation against ISS alleging violations of the Texas Deceptive Trade Practices Act and seeking injunctions and civil penalties.
SBTi has released Corporate Net-Zero Standard Version 2.
The SEC proposed rescinding its 2024 climate-related disclosure rules in their entirety, with a 60-day comment period after Federal Register publication.
Latham’s June UK PLC update notes that the UK-endorsed ISSB standards, now UK SRS, are moving toward FCA rules for listed companies, with a policy statement expected in autumn 2026.
Accountancy Europe said the European Commission’s revised ESRS strike a workable balance between simplification and Green Deal objectives, while warning that only practice will prove whether the burden reduction is real.
EFRAG is resuming work on a non-EU ESRS group sustainability reporting standard for groups with significant EU activity under CSRD Article 40a, with a July exposure draft, 100-day consultation and field testing.
Slaughter and May warns that ESG statements, even aspirational and forward-looking ones, are increasingly relied on by claimants and scrutinised with hindsight.
Travers Smith’s ESG library highlights the Boohoo s.
ASIC reviewed early Australian sustainability reports and flagged practical lessons on disclaimers, cross-referencing, measurement uncertainty, climate targets and material information.
Brazil’s CVM revoked the mandatory path for ISSB-based sustainability financial reporting for public companies, making the regime voluntary for fiscal years beginning January 1, 2026.
Legal Charter 1.5 and Chapter Zero are convening non-executive directors, general counsel, senior executives and legal professionals during London Climate Actio
Legal Business, powered by Legal 500, is positioning its July ESG Summit around regulatory divergence, ESG litigation risk, governance, green claims, transition finance, responsible investment and AI’s impact on ESG compliance.
Baker McKenzie’s update on the Commission’s EUDR simplification review notes expected compliance-cost reductions of about 75%, while making clear that the regulation is not being reopened and large and medium companies still face the 30 December 2026 application date.
Recent Omnibus coverage describes a narrowed CSDDD approach, higher thresholds, delayed compliance and a more risk-based scoping exercise using reasonably available information.
Canada’s S-211 regime requires covered government institutions to report by May 31 on steps taken to prevent forced and child labour in supply chains, with reports made public and held in a Public Safety Canada registry.
Texas, Nebraska, Iowa and West Virginia sued ISS, alleging the proxy adviser failed to disclose that ESG considerations shaped voting recommendations.
The Columbia Blue Sky Blog argues that corporate racial disclosure may attract support from both sides of the political spectrum even as DEI remains contested.
The European Commission’s revised ESRS package would cut mandatory datapoints by more than 60% and total datapoints by more than 70%, while retaining a simplified double-materiality approach.
Germany’s implementation of the EU green-transition consumer rules will prohibit unsubstantiated generic claims such as “green” or “climate-friendly,” restrict sustainability labels and bar offset-based neutrality claims.
The SEC has moved toward formally rescinding its climate-disclosure rules through notice-and-comment rulemaking, with related litigation still shaping the agency’s path.
California’s first Scope 1 and Scope 2 reporting deadline remains 10 August 2026, and market commentary this week sharpened the point that the real challenge is traceable, defensible carbon data.
A new EU Law Live analysis contrasts Shell-style climate duty-of-care litigation with consumer-protection challenges to net-zero and transition claims, including Greenpeace France v.
The FCA’s good and poor practice materials for sustainable investment labels emphasize clear, concise, product-specific disclosure and warn against copying template language or using labels that do not match actual holdings.
The Commission’s EUDR simplification review points to a lighter administrative model, clearer guidance and an expected compliance-cost reduction, while keeping companies on track for application at the end of 2026.
The Chartered Governance Institute commentary frames modern slavery as a governance risk requiring board-level accountability, risk assessment, internal controls, grievance mechanisms and escalation processes.
Public Safety Canada’s reporting obligations page confirms that covered entities and government institutions must file forced-labour and child-labour reports by 31 May each year.
Mayer Brown’s analysis shows a widening gap between EU and UK comfort with structured sustainability collaboration and the more restrictive US antitrust climate.
Texas, Nebraska, Iowa and West Virginia filed state-court suits against ISS on 20 May, alleging that ESG integration in benchmark recommendations violated consumer-protection or deceptive-practices laws.
The EEOC’s suit against The New York Times, highlighted in this week’s governance roundup, alleges that DEI goals influenced a promotion decision in violation of Title VII.
Impactvise’s inaugural ESG law-firm ranking, covered by Global Legal Post, scored more than 1,000 firms using World Economic Forum stakeholder-capitalism metrics, with DLA Piper ranked first at 91 out of 100.
Legal Futures reports that Law Students for Climate Accountability has, for the first time, praised UK firms building work around renewable energy, sustainable ventures, pro-climate litigation and public-interest climate action.
Nutter’s May environment update flags 31 May and 1 June reporting and registration deadlines across multiple US packaging EPR regimes, plus a 30 June Massachusetts building-energy reporting deadline.
Baker McKenzie and the World Economic Forum frame climate litigation as a systemic business risk with direct implications for corporate strategy, governance, capital allocation and market access.
ESG Today reports that the attorneys general of Texas, Nebraska, Iowa and West Virginia filed lawsuits against ISS alleging consumer-protection and deceptive-practices violations tied to ESG and DEI-related proxy advice.
Gibson Dunn’s 6 May update tracks EEOC litigation, federal contractor clauses, state restrictions and DOJ intervention in litigation over Colorado’s AI law, all tied to discrimination, DEI or algorithmic-bias theories.
Legal Futures reports on Law Students for Climate Accountability findings that 20 UK law firms were involved in $706bn of fossil-fuel transactions from 2021 to 2025, with nearly 70% attributable to the five magic circle firms.
Ropes & Gray’s May 2026 greenwashing litigation update, published via JD Supra, covers significant U.
The FCA’s sustainable investment labels guidance says firms have been able to use SDR labels since July 2024 and highlights good practice for clear, concise, product-specific disclosures that accurately reflect what the fund invests in.
Linklaters’ analysis says the amended CSDDD will apply to all in-scope companies from 26 July 2029, with member-state transposition due 26 July 2028 and first annual disclosures due by 1 January 2030 where required.
Public Safety Canada states that covered entities and government institutions must submit reports by 31 May each year describing steps taken during the previous financial year to prevent and reduce forced-labour or child-labour risk in activities or supply chains.
Simpson Thacher’s May regulatory update says the Commission published updated EUDR guidance, revised FAQs and a draft delegated act on product scope, with feedback on the draft act open until 1 June 2026 and the Commission confirming operators must keep preparing for application by 30 December 2026.
The Legal Sustainability Alliance’s “Putting the Sustainable into Procurement” guide is described as a practical guide for law firms developed by more than 20 firms and focused on tendering, contracting and data collection.
The European Commission’s official consultation says the revised ESRS would reduce mandatory datapoints by more than 60%, total datapoints by more than 70%, and per-company reporting costs by more than 30%, with feedback due 3 June 2026.
CARB’s climate-disclosure workshop page states that its 23 March 2026 workshop covered the 10 August 2026 Scope 1 and Scope 2 emissions reporting deadline and the next phase of 2027-2030 rule development, including Scope 3 options.
The IFRS Foundation says the ISSB agreed to propose nature-related disclosure requirements through an IFRS Practice Statement, with an exposure draft planned for October 2026 and TNFD informing the work.
Cleary’s 20 May update explains that the voluntary standard for undertakings with fewer than 1,000 employees creates a value-chain cap, meaning CSRD in-scope companies cannot demand information beyond that voluntary standard from protected out-of-scope partners.
OIRA’s entry lists the SEC’s “Rescission of Climate-Related Disclosure Rules” as a proposed rule under RIN 3235-AN76, received on 4 May 2026 and marked economically significant.
DLA Piper’s Omnibus I analysis says the amended CSDDD applies to very large companies only, with first application on 26 July 2029, a transposition deadline of 26 July 2028, a six-step due diligence cycle, and a uniform EU maximum penalty cap of 3% of net worldwide turnover.
Public Safety Canada states that covered entities and government institutions must submit reports by May 31 each year describing steps taken in the previous financial year to prevent and reduce forced labour or child labour risk in their activities and supply chains.
Fenwick’s analysis of the March 2026 executive order says agencies must add a clause prohibiting “racially discriminatory DEI activities,” with flow-down obligations, reporting and records access, possible termination or suspension, and potential False Claims Act theories.
A&O Shearman’s 2026 greenwashing update tracks UK and EU regulatory initiatives, ESMA work on ESG-related fund names, and UK ASA and CMA activity alongside litigation and enforcement risk.
The FCA’s SDR good-and-poor-practice guidance says firms must substantiate sustainability claims, use the correct label, ensure disclosures match the fund’s sustainability characteristics, and avoid copying generic wording from peers or regulator examples.
Oxford Business Law Blog argues that CSDDD-aligned contracts must move away from risk-shifting toward shared responsibility, targeted information requests, right-to-cure provisions, responsible exit and remediation.
Taylor Wessing reports that Germany’s LkSG reporting obligation is being retroactively abolished from 1 January 2023 and BAFA’s digital reporting form has been deactivated, but internal documentation obligations and core due diligence duties remain.
Clifford Chance says the Net Zero Lawyers Alliance includes 35 law firms across more than 40 jurisdictions, with a combined workforce of around 200,000, and that its Framework for Net Zero Alignment is built around ambition, action and accountability.
Simpson Thacher’s May update reports that 23 state attorneys general sent letters to three rating agencies over ESG-related downgrades of fossil-fuel companies, raising antitrust concerns and demanding explanations, withdrawal or disclosure of ESG commitments, methodology changes and conflict disclosures.
Gibson Dunn’s May 6 update covers an EEOC suit against The New York Times, FAR Council guidance for Executive Order 14398, a challenge to that order, and DOJ intervention in xAI’s challenge to Colorado’s AI law.
The World Economic Forum and Baker McKenzie’s April 2026 report says climate litigation has matured into a systemic business risk affecting corporate strategy, governance, capital allocation and market access.
The European Commission opened a one-month feedback process on revised ESRS, with comments due 3 June 2026.
OIRA lists the SEC’s “Rescission of Climate-Related Disclosure Rules” as a proposed rule received on 4 May 2026 under RIN 3235-AN76, and ESG Today reports that the SEC told the court it plans to reconsider the 2024 climate rules through notice-and-comment rulemaking.
CARB’s climate disclosure materials continue to point companies toward an August 10, 2026 Scope 1 and Scope 2 emissions reporting deadline under SB 253, while workshops are also developing 2027-2030 requirements and Scope 3 options.
The ISSB agreed to propose nature-related disclosure requirements in the form of an IFRS Practice Statement, with an exposure draft planned for October 2026.
The revised CSDDD applies from July 2029 to EU companies with more than 5,000 employees and over €1.
Covered entities and federal institutions must submit forced and child labour reports by May 31 each year, describing steps taken in the prior financial year to prevent and reduce supply-chain risk.
Unseen UK connects April 2026 employment-rights changes with modern slavery prevention, including the Fair Work Agency, day-one protections and expanded whistleblowing safeguards.
The FCA’s good and poor practice guidance focuses on clear disclosures, correct label selection, product-specific evidence and consistency between a fund’s investments and its sustainability objective.
Bloomberg Law reports that ISS and Glass Lewis have filed challenges in Indiana and Kansas after earlier Texas litigation, arguing that laws targeting proxy advice compel speech, discriminate by viewpoint and burden interstate commerce.
Nebraska Attorney General Mike Hilgers, with other state AGs, is pressing Fitch, Moody’s and S&P over ESG factors in credit ratings for fossil-fuel companies and states.
Gibson Dunn’s May 6 DEI update tracks new EEOC litigation, federal-contractor clause implementation, lawsuits over DEI executive orders, DOJ intervention in Colorado AI-discrimination litigation and the resolution of the ABA scholarship case.
The Legal Sustainability Alliance continues to foreground sustainable procurement, TCFD guidance, carbon-calculator work and practical resources for firms of different sizes.
The Net Zero Lawyers Alliance’s publication hub points firms toward reducing their own GHG emissions, managing climate-related firm risk and using commercial legal work to support the transition.
The official OIRA listing shows the SEC submitted a proposed rule titled “Rescission of Climate-Related Disclosure Rules” on May 4, 2026.
The ISSB has agreed to propose nature-related disclosure requirements through an IFRS Practice Statement rather than immediate changes to IFRS S1 and S2.
The European Commission has launched a one-month feedback process on revised ESRS and a voluntary standard for smaller companies.
CARB’s current workshop materials continue to point to an August 10, 2026 deadline for Scope 1 and Scope 2 emissions reporting, with Scope 3 requirements developing for 2027-2030.
Baker McKenzie and the World Economic Forum frame climate litigation as a systemic business risk affecting governance, capital allocation, transition plans, value-chain oversight and market access.
Charles Russell Speechlys highlights the EU Empowering Consumers Directive, CMA supply-chain guidance, the UK DMCC regime and failure-to-prevent-fraud risk as converging pressure on environmental claims.
Public Safety Canada’s reporting guidance states that covered entities and government institutions must submit annual reports to the Minister of Public Safety by May 31, describing steps taken to prevent and reduce forced or child labour risks in activities and supply chains.
Gibson Dunn’s update points to litigation and legislative activity around shareholder proposals, proxy-adviser regulation and governance expectations.
GRI launched consultation on proposed pollution standards covering air pollution, a first soil-pollution topic standard and expanded critical-incident reporting, with consultation open until June 8.
Pillsbury’s analysis of the March 2026 executive order says federal contractors may face enforceable contract clauses around racially discriminatory DEI activities, creating potential exposure through contract remedies and False Claims Act theories.
The Legal Sustainability Alliance is highlighting a practical guide for law firms on sustainable procurement, developed by more than 20 firms in its Sustainable Procurement Working Group.
Greenberg Traurig announced that its Environmental and Real Estate practices were shortlisted for Chambers’ 2026 Environment Law Firm of the Year and Real Estate Law Firm of the Year awards.
EFRAG has submitted its 2026 Sustainability Reporting Work Programme to the European Commission, putting simplification of European sustainability reporting squarely on the legal-advisory agenda.
ESMA’s sustainability reporting materials continue to stress supervision, enforcement and fair-presentation concerns around ESRS even as the Omnibus process changes scope and timing.
Simpson Thacher’s April update notes the Australian ACCR appeal following dismissal of a greenwashing case against Santos, where the court had considered statements about clean energy, future hydrogen production and net-zero targets in investor context.
Gibson Dunn’s March ESG update reports that Germany’s Federal Court of Justice rejected climate cases against Mercedes-Benz and BMW seeking to prohibit internal-combustion sales after October 2030.
CARB’s March workshop kept SB 253 implementation moving, with an August 10, 2026 Scope 1 and Scope 2 reporting deadline and further rulemaking work on 2027-2030 requirements including Scope 3.
The GHG Protocol’s Actions and Market Instruments Phase 1 white paper proposes a multi-statement approach for physical inventories, market-based inventories, GHG impact statements and non-GHG indicators, with feedback open through May 31, 2026.
Baker McKenzie and the World Economic Forum frame climate litigation as a systemic business risk touching governance, capital allocation, market access and transition planning.