FOCUS

The Italian Supreme Court paves the way for climate-related litigation in Italy

1. Foreword
2. The judgment on the merits and the parallel “Giudizio Universale” case
3. The ruling of the Joint Divisions
4. Conclusions

Initial outcomes of the debate on the European Commission’s Omnibus Packages

1. Foreword
2. First impressions from the European business world
3. Initial positions adopted by supervisory authorities
4. The views of some of the main European representative organisations
5. On the amendment of Article 22 CSDDD
6. Conclusions

UPDATES

European Union

1. ESMA’s Final Report on the integration of risk and sustainability disclosures in the investment fund industry
2. The European Supervisory Authorities’ Guidelines on integrating ESG risks into supervisory stress tests
3. ESMA’s consultation on regulatory technical standards (RTS) for ESG rating providers
4. The EBA’s dashboard of quantitative indicators on banks’ exposure to transition risk
5. ESMA’s consultation paper on regulatory technical standards (RTS) on the operation of European green bond for external reviewers
6. The Platform on Sustainable Finance report on the revision and enhancement of technical criteria for sustainable finance

Italy

7. The Bank of Italy’s analysis on Italian banks’ decarbonisation strategies
8. The Bank of Italy’s report on status and best practices in integrating climate and environmental risks in less significant institutions
9. The Bank of Italy’s Annual report on sustainable investments and climate-related risks

United Kingdom

10. Implementation of the Mansion House Package proposals: the UK government launches three consultations to modernise the applicable sustainable finance framework