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…
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, 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…
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,…
AUTHOR: Luis Cabrera, principal in the area of ESG at G-advisory.
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,…
In this newsletter we compile the most relevant legal news on ESG matters in Spain, published by Garrigues and G-advisory. READ MORE
EU Directive 2023/970 of the European Parliament and of the Council of May 10, 2023, reinforcing the application of the principle of equal pay for equal work or work of equal value for men and women, has yet to be transposed into Spanish law (the deadline set by the directive for doing so is June…
The new directive on the energy performance of buildings tackles the need to reduce the environmental impact of the building sector, which accounts for 40% of total energy consumption in the EU and 36% of its greenhouse gas emissions. Directive (EU) 2024/1275 of the European Parliament and of the Council of 24 April 2024 on…
