Following the introduction of the Carbon Border Adjustment Mechanism as part of the EU legislation, the importers from the countries which are not integrated into the EU’s emission trade system or have not adopted their own carbon pricing mechanisms or are not party to a related treaty between the EU and their country of domicile shall be under the obligation to pay carbon taxes according to the emission values of the facilities manufacturing the imported goods
The Act on Corporate Due Diligence to Prevent Human Rights Violations in Supply Chains (the Supply Chain Act), imposing new obligations in terms of respecting human rights to certain German companies and their suppliers, entered into force on 1 January 2023..
The European Parliament recently approved the Corporate Sustainability Reporting Directive (the “CSRD”), requiring a large number of companies to report on sustainability matters. The CSRD is prepared as part of the European Green Deal..
A new Regulation on Environmental Noise Control (the “Regulation”) is published in the Official Gazette dated 30.11.2022. The Regulation aims to prevent the negative effects of environmental noise on environment and human health..
The Capital Markets Board (the “CMB”) published the Guidelines on Green and Sustainable Debt Instruments and Lease Certificates on 24 February 2022 through the its principle decision numbered i-SPK 128.18..
Sustainability Principles Compliance Framework (the “Sustainability Principles”) published by the Capital Markets Board (the “CMB”) to set out the main principles of the sustainability works of public companies and encourage..