New obligations resulting from the European directive on pay transparency that companies will have to face

New obligations resulting from the European directive on pay transparency that companies will have to face

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 European Union sets its sights on the complete decarbonization of the building stock by 2050
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The European Union sets its sights on the complete decarbonization of the building stock by 2050

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…

How the EU will limit the sale of commodities that cause deforestation
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How the EU will limit the sale of commodities that cause deforestation

Barely five months from now, the obligations contained in the European Regulation on deforestation aimed at avoiding the introduction, making available and export of certain commodities and products associated with deforestation and forest degradation, will be applicable in general in the Member States. On December 30, 2024, the majority of the obligations resulting from Regulation (EU)…

The Official Journal of the European Union publishes the corporate sustainability due diligence directive
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The Official Journal of the European Union publishes the corporate sustainability due diligence directive

After it has come into force, companies will have to start the steps needed to ensure fulfillment of the directive’s obligations within the time periods imposed by the European Union. To assist with this task, we share below a chart with the key dates when the obligations for companies will come into force in the…

New Garrigues Sustainability Report 2023
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New Garrigues Sustainability Report 2023

Just a week ago we celebrated the 22nd anniversary of our accession to the Global Compact. On this noteworthy date, we are presenting the 2023 Garrigues Sustainability Report on the firm’s policies, initiatives, parameters and goals in environmental, social and governance matters relating to the year ended December 2023. The report retains the structure it…

The clock starts ticking for companies following approval of the corporate sustainability due diligence directive
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The clock starts ticking for companies following approval of the corporate sustainability due diligence directive

The EU act setting out companies’ obligations in relation to the human rights and environmental impacts of their activities is already a reality. Companies are now well advised to familiarize themselves fully with the obligations, and especially, the liability to be faced by the companies included in its scope (and any that will be indirectly…

European Parliament gives green light to Directive on Corporate Sustainability Due Diligence

European Parliament gives green light to Directive on Corporate Sustainability Due Diligence

The directive regulates companies’ obligations relating to actual and potential adverse human rights and environmental impacts, liability for breaching such obligations and the requirement that companies adopt and put into effect a transition plan to mitigate climate change. In the last plenary session of the ninth legislature held on April 24, 2024, the European Parliament…

Peru approves Law 31992, the Law fostering green hydrogen

Peru approves Law 31992, the Law fostering green hydrogen

Published on March 23, Law 31992, the Law fostering green hydrogen, is aimed at providing the rules determining the measures needing to be implemented to underpin development and growth in an industry that will enable green hydrogen to be used as fuel and as an energy vector. The law’s main provisions notably include the following:…