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EU SAF Action Highlights Reputational Risks to Airlines

Regulatory pressure over greenwashing increases as deadlines approach for widespread incorporation of sustainable fuel. An investigation by the European Commission (EC) into potentially misleading claims by airlines and sustainable aviation fuels (SAFs) is not expected to lead to direct sanctions, but leaves firms and their investors open to reputational risk. At the end of April, the EC and EU consumer…

SUSTAINABILITY COORDINATORS: A TRANSATLANTIC COMPARISON

On April 24, 2024, the Loan Market Association (LMA) published its Sustainability Coordinator Letter. The publication of the LMA’s letter follows the LSTA’s February 2023 publication of its own Sustainability Structuring Agent Engagement Agreement Inserts. This Legal Update contains a comparative analysis of the LMA and LSTA’s documents, notes key similarities and differences between the two, and provides some key…

IFRS, GRI Collaborate on Interoperability for Sustainability Disclosure Standards

The IFRS Foundation and the Global Reporting Initiative (GRI) announced today an expanded collaboration aimed at optimizing how their respective sustainability reporting standards can be used together. The announcement builds on an initial collaboration agreement between the organizations launched in 2022, aimed at ensuring compatibility and interconnectedness of sustainability-related disclosures, in order to help reduce the reporting burden on companies…

IFRS, GRI Collaborate on Interoperability for Sustainability Disclosure Standards

The IFRS Foundation and the Global Reporting Initiative (GRI) announced today an expanded collaboration aimed at optimizing how their respective sustainability reporting standards can be used together. The announcement builds on an initial collaboration agreement between the organizations launched in 2022, aimed at ensuring compatibility and interconnectedness of sustainability-related disclosures, in order to help reduce the reporting burden on companies…

IFRS, GRI Collaborate on Interoperability for Sustainability Disclosure Standards

The IFRS Foundation and the Global Reporting Initiative (GRI) announced today an expanded collaboration aimed at optimizing how their respective sustainability reporting standards can be used together. The announcement builds on an initial collaboration agreement between the organizations launched in 2022, aimed at ensuring compatibility and interconnectedness of sustainability-related disclosures, in order to help reduce the reporting burden on companies…

IFRS, GRI Collaborate on Interoperability for Sustainability Disclosure Standards

The IFRS Foundation and the Global Reporting Initiative (GRI) announced today an expanded collaboration aimed at optimizing how their respective sustainability reporting standards can be used together. The announcement builds on an initial collaboration agreement between the organizations launched in 2022, aimed at ensuring compatibility and interconnectedness of sustainability-related disclosures, in order to help reduce the reporting burden on companies…

IFRS, GRI Collaborate on Interoperability for Sustainability Disclosure Standards

The IFRS Foundation and the Global Reporting Initiative (GRI) announced today an expanded collaboration aimed at optimizing how their respective sustainability reporting standards can be used together. The announcement builds on an initial collaboration agreement between the organizations launched in 2022, aimed at ensuring compatibility and interconnectedness of sustainability-related disclosures, in order to help reduce the reporting burden on companies…

IFRS, GRI Collaborate on Interoperability for Sustainability Disclosure Standards

The IFRS Foundation and the Global Reporting Initiative (GRI) announced today an expanded collaboration aimed at optimizing how their respective sustainability reporting standards can be used together. The announcement builds on an initial collaboration agreement between the organizations launched in 2022, aimed at ensuring compatibility and interconnectedness of sustainability-related disclosures, in order to help reduce the reporting burden on companies…

IFRS, GRI Collaborate on Interoperability for Sustainability Disclosure Standards

The IFRS Foundation and the Global Reporting Initiative (GRI) announced today an expanded collaboration aimed at optimizing how their respective sustainability reporting standards can be used together. The announcement builds on an initial collaboration agreement between the organizations launched in 2022, aimed at ensuring compatibility and interconnectedness of sustainability-related disclosures, in order to help reduce the reporting burden on companies…

IFRS, GRI Collaborate on Interoperability for Sustainability Disclosure Standards

The IFRS Foundation and the Global Reporting Initiative (GRI) announced today an expanded collaboration aimed at optimizing how their respective sustainability reporting standards can be used together. The announcement builds on an initial collaboration agreement between the organizations launched in 2022, aimed at ensuring compatibility and interconnectedness of sustainability-related disclosures, in order to help reduce the reporting burden on companies…