This encourages investment in power generation plants through clean energy and achieves higher profitability in the commercialization of CELs. The market rules in Mexico that allow the issuance of Clean Energy Certificates (CELs) exclusively to clean energy plants that have entered into operation as of August 11, 2014 and, exceptionally, to legacy power plants (centrales…
In a new edition of our Garrigues Sustainable Dialogs we look at the changing and hugely complex context that the industry is having to face, following the recently approved waste measures, to be able to continue on its path towards a more circular and environmentally sustainable economy. The drinks packaging industry is facing a tsunami of rules…
The European Council has approved the directive on greenwashing, which will ban commercial practices such as greenwashing and early obsolescence, together with increasing the information that will have to be given to consumers. The new law has yet to be published in the Official Journal of the European Union. Final approval was obtained for the…
G-advisory was selected as the sustainability expert hired by General de Alquiler de Maquinaria (GAM) to prepare a second-party opinion on a promissory note program registered at the Spanish Alternative Fixed-Income Market (MARF). The Garrigues group consultants tested this program’s relationship with sustainability by analyzing the offering circular (between GAM and the financial institution), the ambition…
In this newsletter we compile the most relevant legal news on ESG matters in Spain, published by Garrigues and G-advisory. READ MORE
An increasing number of companies are taking sustainability criteria into consideration not only in executive and director pay, but also in the pay of their staff as a whole, in order to better achieve their ESG goals. We addressed this dynamic in the Garrigues Sustainable dialogs. “Companies that make the effort to consider sustainability criteria create…
Garrigues has again been recognized as one of the 100 most responsible companies in Spain according to the 2023 Merco Responsibility ESG ranking published today. This morning, the Corporate Reputation Business Monitor (MERCO) published its annual list of the 100 most responsible companies: Merco Responsibility ESG. Garrigues took the top spot yet again as the most…
The royal decree-law includes several new provisions that directly affect the electricity system, notably influencing the development of renewable energy plants and self-supply plants. On December 28, 2023, the Official State Gazette published Royal Decree-Law 8/2023 of December 27, 2023, adopting measures to confront the economic and social consequences of the conflicts in Ukraine and the…
Following the conclusion of the Climate Summit, we analyze the agreements reached and the challenges that the goals it set raise at the European level, in a new edition of ‘Garrigues Sustainable dialogs’. The 28th UN Climate Change Conference (COP28), which was held in Dubai, was considered a crucial step toward speeding up the energy transition…
