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BLOG: EUDR Delay Formally Agreed by the European Parliament and Council The European Parliament and Council have formally confirmed their agreement to the Commission’s proposal to delay the implementation of the Deforestation-free Products Regulation (EUDR) by 12 months, meaning that the EUDR will app... BLOG: Looking ahead to the UK Corporate Governance Code 2024: the FRC publishes its annual Review of Corporate Governance Reporting In November, the Financial Reporting Council (the “FRC”) (the independent regulator for auditors, accountants and actuaries in the UK, responsible for setting the UK's Corporate Governance and Stewardship Codes) published the 2024 edition of its annual&nb... BLOG: The Government’s Response to the House of Lords Modern Slavery Committee Report This week, the Government published its response to the House of Lords Select Committee’s (the Committee) report on the impact and effectiveness of the Modern Slavery Act 2015 (MSA). See here for our previous blog on the report.  BLOG: UK Sustainability Reporting Likely to Align Materiality with International Standards Developed by the ISSB Sustainability reporting in the UK, in the form of the UK Sustainability Reporting Standards (UK SRS), is still on track to align with the de facto global baseline reporting standards produced by the International Sustainability Standards Board ... BLOG: Joint ventures does HMRC draft guidance bring clarity? BLOG: Timeline of ESG Developments in 2025 Sustainability practitioners will be well aware that ESG is a fast-moving, and ever changing area, making keeping on top of developments a significant challenge. We have sought to set out key ESG developments expected in 2025, covering the UK and, at a hi... BLOG: Fuelling the energy transition: North Sea Oil & Gas, and Alternative Fuels The new Labour government has committed to ensuring a “phased and responsible transition” in the North Sea, the stated aim of which is to balance job protection while recognising oil and gas’s ongoing role in the UK’s energy mix. However, it has yet to co... BLOG: UK Water sector: A deluge of developments Amidst intense scrutiny of its financial stability, 2025 is shaping up to be transformative for the UK water sector as it navigates both a rapidly evolving regulatory landscape and the need for "unprecedented levels of investment”. BLOG: Carbon Markets: Momentum builds towards integrity and expansion 2024 ended on an optimistic note for carbon markets, with COP29 delivering long-awaited breakthroughs in negotiations to operationalise Article 6 of the Paris Agreement. Negotiators reached consensus on the core elements needed to operationalise: (i) Arti... BLOG: Renewables: Doubling down on development Renewable energy development is set to accelerate further in 2025 as the government takes steps towards its ambitious decarbonisation targets and begins to implement the Clean Power 2030 Action Plan (CP30).