ANALYSIS – ESG RELATED LITIGATION
1. Introduction
2. Litigation aimed at strengthening ESG policies or disclosures
3. Greenwashing litigation
4. ESG backlash litigation
5. Concluding observations
UPDATES
1. The draft Italian Legislative Decree transposing the CSRD
2. The Draft Guidelines on Enforcement of Sustainability Information of the ESMA
3. The Bank of Italy’s publication on sustainability in corporate meetings in France, Germany and Italy
4. The provisional agreement between the Council and the European Parliament on ESG rating activities
5. The report of the Platform on Sustainable Finance on market practices for climate transition
6. The BCE’s report on risks from misalignment of banks’ financing with the EU climate objectives
7. The provisional agreement between the European Council and the European Parliament on ESG prudential supervision and the EBA’s Draft Guidelines on the management of ESG risks
8. Assonime’s guidelines on voluntary sustainability reporting for companies listed on Euronext Growth Milan
9. The European Commission and ESA consolidated Q&A document on the SFDR and the Delegated Regulation for Sustainability
10. The Bank of Italy’s analysis of action plans for the integration of climate and environmental risks into the operations of less significant institutions and non-banking intermediaries
11. The first delegated regulation on ESRS
12. The EBA report and opinion on green loans and mortgages
13. The Final Report of the ESAs on the RTS for the implementation of the SFDR
14. The ESMA statement on the definition of the “do no significant harm” principle within the EU regulatory framework on sustainable finance
15. Delegated Regulation (EU) 2023/2485

Drafted by Michele Crisostomo and Federico Morelli