There are so many ESG-related publications and developments that it is hard to keep abreast of them all. For this reason, every two weeks, our firm has been publishing a tracker of ESG-related publications and developments, with a primary focus on developments that may be of most interest to or impact our clients, be they corporates, asset managers or asset owners.
Key updates covered in this edition include:
- the FCA’s letter to authorised fund managers setting out its expectations on the design, delivery and disclosure of environmental, social and governance (ESG) and sustainable investment funds;
- the International Organization of Securities Commissions’ consultation report on ESG ratings and data providers;
- the Spanish National Plan for Purification, Sanitation, Efficiency, Conservation and Reuse of Water came into force, after its publication on 27 July 2021 in the Official State Gazette; and
- on 3 August 2021, the Spanish Cabinet approved the referral to Parliament of the bill to act on the remuneration of non-emitted CO2 arising from the electricity market.
If you have any ESG-related questions, please get in touch with your usual Herbert Smith Freehills contact who will be able to direct you as appropriate.
Contact
Leonie Timmers
Of Counsel, Madrid
Disclaimer
The articles published on this website, current at the dates of publication set out above, are for reference purposes only. They do not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking any action.