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ARTICLE · 13 JANUARY 2023

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For What It's Earth - January 11, 2023 – Issue 15

Steptoe LLP
Steptoe LLP
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Steptoe LLP

Steptoe LLP

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ClientEarth, along with other organizations, filed a lawsuit on January 9, 2023 in the Paris Tribunal Judiciaire against France-based global food and beverage company Danone. The lawsuit alleges...

United StatesEnvironment

Litigation

ClientEarth, along with other organizations, filed a lawsuit on January 9, 2023 in the Paris Tribunal Judiciaire against France-based global food and beverage company Danone. The lawsuit alleges that Danone is failing to meet its obligations under France's "Duty of Vigilance" law, a landmark law that requires large companies to assess and address their environmental impact.

Regulation

According to reports and the SEC's updated Fall 2022 Reg Flex Agenda, the SEC expects to issue a final climate disclosure rule by April 2023. This anticipated date is six-months after the SEC initially planned to issue a final rule.

Supply Chain

On January 1, 2023, Germany's Supply Chain Due Diligence Act went into effect. The law requires companies that are headquartered, or have a main branch, center of administration or registered seat in Germany, and have at least 3,000 employees, to establish a risk management system to identify, prevent or minimize the risks

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