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…
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…
In this newsletter we compile the most relevant legal news on ESG matters in Spain, published by Garrigues and G-advisory. READ MORE
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
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 Ministry of Energy has submitted amendments to the current regulations on capacity payments to the Office of the General Comptroller, which include storage systems. This regulation was largely expected by the market, given the need of enabling investments in battery storage. READ MORE
