Final approval for the European directive on greenwashing, requiring greater information to consumers
|

Final approval for the European directive on greenwashing, requiring greater information to consumers

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…

GAM hires G-advisory as advisor in its sustainable financing process
|

GAM hires G-advisory as advisor in its sustainable financing process

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…

Reflecting sustainability criteria in pay is key to achieving ESG goals

Reflecting sustainability criteria in pay is key to achieving ESG goals

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 continues to be the top-ranked law firm in the Merco Responsibility ESG ranking

Garrigues continues to be the top-ranked law firm in the Merco Responsibility ESG ranking

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…

New measures for the electricity sector in Royal Decree-Law 8/2023

New measures for the electricity sector in Royal Decree-Law 8/2023

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…

Takeaways from COP28 from a European perspective
|

Takeaways from COP28 from a European perspective

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…

Garrigues ranks first among EU firms according to GreenPrint

Garrigues ranks first among EU firms according to GreenPrint

RSGI’s research analyzes the sustainability strategy, commitments and reporting of the 180 largest law firms by revenue worldwide. Garrigues leads the EU’s legal industry thanks to its sustainability strategy and commitments and is the only Spanish firm and the top-ranking EU firm present in the GreenPrint 2023 report by the RSGI Limited group, a think…

The proposed corporate sustainability due diligence directive: a huge challenge that companies need to be prepared for

The proposed corporate sustainability due diligence directive: a huge challenge that companies need to be prepared for

Coinciding with the 75th anniversary of the Universal Declaration of Human Rights, the legislation being prepared by the European Union in this area and, more specifically, the proposal for a directive on corporate sustainability due diligence, has been analyzed in a new edition of the Garrigues Sustainable Dialogs, featuring the Chair of the European Parliament…