European Green Bonds are here and come with new post-issuance reporting standards

European Green Bonds are here and come with new post-issuance reporting standards

The regulation establishing a standard for issuers using the designation ‘European Green Bonds’ (EuGB) is now in effect, but the legislative process is not yet complete: a new delegated regulation, currently under consultation, details all the post-issuance information that must be provided. Since December 21, 2024, the European Green Bond standard (set out in Regulation 2023/2361)…

Guiomar Rubio, new partner of G-advisory

Guiomar Rubio, new partner of G-advisory

The shareholders’ meeting of Garrigues has appointed Guiomar Rubio as new partner of G-advisory, its technical, economic and strategic consulting subsidiary in Energy and ESG matters, at its Madrid office. Guiomar has been appointed along with 17 other new partners of Garrigues appointed in four practice areas, in 10 offices of 4 countries.  This shows…

The role of sustainability in institutional investors’ decision-making and what proxy advisors do

The role of sustainability in institutional investors’ decision-making and what proxy advisors do

The embedding of ESG factors in corporate governance and the prominent role of proxy advisors were key topics in the seminar How Institutional and Proxy Advisors Approach Sustainability at Listed Companies, organized by Garrigues Sustainable Dialogs. In an increasingly sustainability- focused business world, institutional investors – and their proxy advisors – are redefining their strategies…

CSRD: practical aspects to be borne in mind when preparing the sustainability report

CSRD: practical aspects to be borne in mind when preparing the sustainability report

In a new edition of Garrigues Sustainable Dialogs, we covered the most relevant and complex legal and technical aspects that companies should consider when drafting their sustainability report pursuant to the CSRD Directive.  The Council of Ministers has made progress in the transposition of Directive (EU) 2022/2464 of the European Parliament and of the Council…

Masdar expands its presence in renewables in Spain and Portugal with the €1.2 billion purchase of Saeta Yield from Brookfield

Masdar expands its presence in renewables in Spain and Portugal with the €1.2 billion purchase of Saeta Yield from Brookfield

Masdar, a renewable energy firm based in Abu Dhabi, has signed a deal with Canadian fund Brookfield to purchase Saeta Yield for $1.4 billion (€1.2 billion). G-advisory acted as technical adviser to the seller. With this transaction, Masdar now controls a 745 MW portfolio of green assets already in operation in Spain and Portugal, centering…

The Financial Times presents Garrigues, of which G-advisory is the consulting arm, with an award for its digital transformation

The Financial Times presents Garrigues, of which G-advisory is the consulting arm, with an award for its digital transformation

As part of the Financial Times Innovative Lawyers Awards 2024, Garrigues (of which G-advisory is the consulting arm) has received an award in the “Skills and Development” category for driving the digital transformation of its professionals, which translates into projects that have an impact both internally and for clients. Specifically, the publication has assessed that,…

ESRS: The consolidated version of the first set of European sustainability reporting standards is now available in EUR-Lex

ESRS: The consolidated version of the first set of European sustainability reporting standards is now available in EUR-Lex

These standards, which have applied since January 1, 2024, specify the information that companies must disclose on sustainability matters, as well as the uniform manner in which they must present it. EUR-Lex has published the consolidated version of the set of European Sustainability Reporting Standards (ESRS), including the corrigendum of April 19 and July 19,…