ESG

  • Regulation prohibiting products made with forced labor from entering the EU market approved

    The European Commission will set up a database of specific geographic areas or products where there is a risk of forced labor.

  • The Integra Foundation gives Garrigues one of its 2024 Volunteering Awards

    The Integra Foundation has once again recognized Garrigues’ commitment, giving us one of its 2024 Volunteering Awards. It is a very special recognition dedicated to all the Firm’s volunteers who have participated in the workshops helping individuals at risk of social exclusion to recover the confidence they need to, among other things, get a job.

  • The European Court of Human Rights rules against a country (Switzerland) for the first time for not adopting the necessary measures to meet its climate goals

    In a judgment that sets a very important precedent for climate litigation, the court concluded that the government’s inaction violated the European Convention on Human Rights.

  • Debunking ‘green sheen’: the new rules on environmental claims

    La nueva Directiva europea sobre ‘greenwashing’ o blanqueo ecológico busca acabar con la ecoimpostura y la obsolescencia temprana. La mayoría de las obligaciones que establece ya son sancionables a través de las normas existentes en materia de competencia desleal. Sin embargo, la nueva normativa europea suple algunas lagunas legales.

  • Mexico reinstates conditions for Clean Energy Certificates (CELs)

    This encourages investment in power generation plants through clean energy and achieves higher profitability in the commercialization of CELs.

  • The drinks packaging industry and a tsunami of ESG rules and regulations

    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.

  • Spain: The DGT allows credits for environmental investment to be claimed without modifying the self-assessments for the years in which the investments were made

    In a recent binding ruling, the DGT has relaxed its position and allowed environmental credits to be claimed within the maximum application period of 15 years, even where the investments were made in years that have already been inspected.

  • 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.

  • Moving towards harmonized Corporate Income Tax in the European Union: will it be third time lucky?

    The BEFIT Directive will be compulsory for groups whose consolidated revenues, for at least two of the preceding four years, have reached 750 million euros. It regulates in detail, among other aspects, the manner of determining the common tax base and its distribution between the different entities.

  • Portugal: New amendments to the Sustainable Employment Commitment Measure

    The amendments to the Sustainable Employment Commitment Measure are intended to enabling it to contribute to a real increase of employees' salaries, establishing minimum thresholds for the base salary to be paid to employees, and also adjusting the Measure to the current reality of the labor market.