News ESG (Environmental, Social & Governance) - Legal Update 27/12/2023

The following very relevant legislation regarding ESG - Environmental, Social & Governance was recently published in the Official Journal of the European Union:

•  Regulation (EU) 2023/2631 of the European Parliament and of the Council of 22 November on European Green Bonds and optional disclosures for bonds marketed as environmentally sustainable and for sustainability-linked bonds (“EU Green Bond Regulation”);
• Regulation (EU) 2023/2859 of the European Parliament and of the Council of 13 December establishing a European single access point providing centralised access to publicly available information of relevance to financial services, capital markets and sustainability;
• Commission Delegated Directive (EU) 2023/2775 of 17 October amending Directive 2013/34/EU of the European Parliament and of the Council as regards the adjustments of the size criteria for micro, small, medium-sized and large undertakings or groups; and
• Commission Delegated Regulation (EU) 2023/2772 of 31 July supplementing Directive 2013/34/EU of the European Parliament and of the Council as regards sustainability reporting standards.

 Click HERE  to access the News Flash drafted by our ESG and Environment & Climate Change practice team, led by Manuel Gouveia Pereira, with detailed information on this subject.