• The Spanish tourist sector faces news requirements to avoid food waste

    The Food Loss and Waste Prevention bill establishes a series of obligations for the food chain – which includes hotels and restaurants – such as having a plan to prevent food losses, reaching agreements to donate their surpluses or allowing customers to take back uneaten food.
  • Europe promotes repairs in its quest to achieve a circular economy

    Manufacturers will have to repair any goods for which the EU lays down repairability requirements where the defects are not due to the non-conformity of the goods with a sales contract.
  • The EU extends the list of environmentally unfriendly behaviour that can be punished under criminal law

    Directive 2024/1203 strengthens European environmental criminal law and requires Member states to ensure that such activities are punishable under their laws by 21 May 2026. It also establishes a profuse penalty regime that Member states will have to observe when determining the penalties to be imposed for such conducts.
  • The European Union sets its sights on the complete decarbonization of the building stock by 2050

    The new directive on the energy performance of buildings tackles the need to reduce the environmental impact of the building sector, which accounts for 40% of total energy consumption in the EU and 36% of its greenhouse gas emissions.
  • How the EU will limit the sale of commodities that cause deforestation

    Barely five months from now, the obligations contained in the European Regulation on deforestation aimed at avoiding the introduction, making available and export of certain commodities and products associated with deforestation and forest degradation, will be applicable in general in the Member States.
  • Regulation seeking to ensure that only products that meet ecodesign requirements can be placed on the EU market has been published

    The regulation, which comes into force on July 18, introduces a digital product passport, which enhances traceability and information on sustainability, prohibits the destruction of unsold products and lays down green public procurement requirements in order to boost demand for sustainable products. 
  • The CNMV's new guide on audit committees includes new indications on sustainability reporting

    The updated document brings the terminology used into line with the provisions of the CSRD Directive, draws a distinction between the roles of audit committees and those of sustainability committees, and offers recommendations regarding the assurance provider, among other questions. 
  • New Garrigues Sustainability Report 2023

    Just a week ago we celebrated the 22nd anniversary of our accession to the Global Compact. On this noteworthy date, we are presenting the 2023 Garrigues Sustainability Report on the firm’s policies, initiatives, parameters and goals in environmental, social and governance matters relating to the year ended December 2023. 
  • CSRD Directive: The CEAOB has prepared draft guidelines on limited assurance engagements in respect of sustainability reporting

    The draft of these non-binding guidelines, prepared by the Committee of European Auditing Oversight Bodies (CEAOB) and subject to public consultation until July 22, 2024, addresses important aspects such as the processes necessary to understand and assess how entities determine eligible and ineligible activities and obtain information on the value chain, or the format and content of the limited assurance report itself.
  • The clock starts ticking for companies following approval of the corporate sustainability due diligence directive

    The EU act setting out companies’ obligations in relation to the human rights and environmental impacts of their activities is already a reality. Companies are now well advised to familiarize themselves fully with the obligations, and especially, the liability to be faced by the companies included in its scope (and any that will be indirectly impacted).