European Union

  • The Corporate Sustainability Due Diligence Directive, a step closer to final approval

    The Council and the European Parliament have reached a provisional agreement on the future directive on corporate sustainability due diligence.

  • 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 Committee on Legal Affairs and experts from Garrigues.

  • 2024 European Commission Work Programme adopted

    The programme includes proposals to simplify the current sustainability reporting framework.

  • The new energy efficiency directive imposes a reduction in energy consumption by at least 11.7% for 2030

    A number of measures to promote energy efficiency are laid down and the legislation will have to be adopted before January 2025.

  • The challenges of European AI regulation for the financial sector

    Artificial intelligence has enormous potential for financial institutions. Therefore, in addressing its regulation, the aim is to provide a framework of legal certainty to facilitate its adoption and also to address the challenges and risks for the sector, customers and supervisors.

  • The European Commission approves the first set of sustainability reporting standards to be used by companies

    In compliance with the mandate given in the corporate sustainability reporting directive (CSRD), the European Commission has approved a delegated act adopting the first set of reporting standards.

  • The European Parliament approves its position on the Directive on Corporate Sustainability Due Diligence

    With this vote, the European Parliament has taken another step in the approval of the Due Diligence Directive (known by the acronyms CS3D/CSDD), aim of which is to ensure that companies operating in the internal market adopt measures to identify, prevent, mitigate, bring to an end and remedy the adverse human rights and environmental impacts of their activities, as well as those of their subsidiaries or value chains. 

  • The challenges posed by the European Directive on minimum taxation for enterprises

    Enterprises are facing one of the most important new tax developments in the last years due to the Directive which establishes a global minimum tax of 15% for large groups operating in the EU. 

  • Standard essential patents and FRAND licensing: publication by the EC of the proposal for a regulation puts the EUIPO in the spotlight for the development of IoT

    The European Commission has presented a proposal for a regulation that aims to promote the transparency and predictability of licensing of standard essential patents (SEPs) and that will promote the development, among other areas, of the Internet of Things (IoT).

  • The European Parliament approves the proposal for a directive on the pay gap

    The European Parliament approves the proposal for a directive to strengthen the application of the principle of equal pay between men and women with the aim to close the pay gap.