On 19 November 2024, the Council of the European Union adopted the EU Forced Labour Regulation. This is the final step in the decision-making process and marks a significant milestone in the effort to ensure that products linked to forced labour are banned from the European Union. The regulation, wh...
ESG considerations must not be treated as a mere footnote in the M&A process; rather, they should permeate the entire process from start to finish. However, the considerations differ depending on whether one is on the buy-side or the sell-side of an M&A transaction. ESG from a Buyer’s Perspe...
The M&A process has undergone a paradigm shift. Traditionally, the due diligence process focused on financial, operational, legal, and tax considerations. However, with the rise of ESG matters, the M&A process has evolved to incorporate these critical aspects as well. Buyers, investors, and...
On 23 October 2024, the European Commission approved Sweden´s tax exemption schemes for non-food-based biogas and bio-propane used for heating or as motor fuel. This follows a lengthy procedure in which the two June 2020 Commission decisions to approve the schemes were annulled by the General Court...
On 23 October, the European Parliament voted to fast track the European Commission’s proposal of extending the phasing-in time for the new Deforestation regulation by a year, by approving an urgent decision. This decision is yet another step towards providing operators and traders with additional ti...
Through the Corporate Sustainability Reporting Directive (CSRD), EU Member States shall ensure that large public interest entities with more than 500 employees adhere to certain reporting standards as from 1 January 2024. Other entities will also be required to report on sustainability, but these re...
On 24 May 2024, in what was the final step in the EU legislative process, the Council of the EU officially adopted the Corporate Sustainability Due Diligence Directive, also known as the CSDDD or CS3D. The directive is expected to be a game changer in how companies value and address risks related to...