ESG

Belgium Moves to Clarify the Line Between Sustainability Collaboration & Competition Risk

The Belgian Competition Authority is attempting to bring some much-needed clarity to a question that has lingered for years across boardrooms and compliance teams alike. How far can companies go in working together on sustainability before cooperation starts to look like coordination?

China Codifies Its Green Ambitions With Sweeping Environmental Law

China has moved to anchor its environmental ambitions in law, passing a sweeping Ecological and Environmental Code that pulls together years of policy, regulation, and climate commitments into a single legal framework.

GRI Takes Aim at Patchy Pollution Reporting With New Global Disclosure Push

There’s a quiet but consequential shift underway in how companies are expected to talk about pollution. And if the Global Reporting Initiative gets its way, that conversation is about to become far more detailed, far more comparable, and far harder to sidestep.

Hochul Signals Shift on New York Climate Law as Costs & Energy Risks Mount

New York Governor Kathy Hochul is drawing a line between climate ambition and economic reality, warning that the state’s current path under its landmark climate law may need adjusting to avoid placing additional strain on households and businesses.

Ofwat Moves to Impose £44.7 Million Enforcement Package on Welsh Water Over Wastewater Failures

UK water regulator Ofwat has proposed a £44.7 million enforcement package against Dŵr Cymru Welsh Water following an investigation that uncovered what it described as serious breaches in how the company operated and maintained parts of its wastewater system.

Poland’s Competition Authority Investigates Grid Operator Over Renewable Energy Curtailment Practices

Poland’s competition authority has launched an investigation into the practices of the country’s electricity transmission system operator after complaints from renewable energy producers raised concerns about how generation curtailments are being applied across the market.

Chevron to Pay $1 Million Clean Air Act Penalty Over Invalid Renewable Fuel Credits

Chevron has agreed to pay just over $1 million to settle allegations that it violated the Clean Air Act’s Renewable Fuel Standard program by generating and selling renewable fuel credits that should never have entered the market.