Linklaters Italy ESG GEMS - January 2024

Welcome to the latest edition of our ESG GEMS.

This month we feature our comprehensive annual ESG outlook, pinpointing key global trends set to define the legal sphere in 2024. We delve into the EU’s regulatory shifts, assessing the impact of possible delays in SFDR Level 2 amendments and the challenges European banks may face without robust transition plans. Discover what’s on the horizon for EU and UK financial services in terms of ESG regulations, and understand the consequences of the EU CSRD's delayed implementation. Plus, we scrutinize the EBA’s proposed guidelines on ESG risk management.

Featured content

• The Linklaters annual ESG outlook has been published 
• Webinar | ESG Legal Outlook 2024: Key global trends 

Climate Change & Environment

• EU: European banks could face higher legal and reputational risks for failures in transition planning

Disclosure & Reporting

• EU: SFDR Level 2 amendments may be delayed
• What EU and UK regulatory developments are on the ESG horizon in 2024 for financial services?
• EU CSRD: European Parliament approves two-year delay to sector-specific ESRS and ESRS for non-EU companies

ESG in General

• EU: EBA consult on guidelines on the management of ESG risks