The Spanish securities supervisor has published the conclusions of the European review conducted by ESMA, which highlights progress in integrating sustainability risks, while identifying areas for improvement in disclosure and internal control.
The obligations in terms of food waste management are expanded, which will require a review of the internal procedures for handling, distribution and consumption of food in hotels, restaurants and catering.
In this newsletter we compile the most relevant legal news on ESG matters in Spain, published by Garrigues and G-advisory.
One of the targets of the Competitiveness Compass, which will guide the Commission’s work over the next five years, is to reduce the regulatory and administrative burden drastically. In this context, the Omnibus proposal, expected in February, will be designed to simplify the sustainability reporting, due diligence and taxonomy. On January 29, 2025 the European…
In this newsletter we compile the most relevant legal news on ESG matters in Spain, published by Garrigues and G-advisory. READ MORE
Commission Implementing Regulation (EU) 2024/3172 introduces new obligations for credit institutions, which will have to disclose half-yearly information on environmental, social and governance (ESG) risks, as well as on the impacts of climate change. This regulation, applicable from January 2025, aims to improve transparency and consistency in prudential risk management. The main purpose of Commission…
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…
