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Legislative news and ESG initiatives in Estonia, Latvia, Lithuania Status of the Corporate Sustainability Reporting Directive’s transposition into local laws Lithuania Following the draft CSRD transposition package that was published at the end November 2023, now the proposal has been adjusted and a new version was put forward in March 2024. There are no substantial […]
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Legislative news and ESG initiatives in Estonia, Latvia, Lithuania Status of the corporate sustainability reporting directive’s transposition into local laws In Estonia, the draft law transposing the CSRD was published on 23 February 2024 and is currently waiting for approval from ministries. It is expected to come into force on 6 July 2024. The draft […]
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Sorainen has made considerable progress in the area of sustainability since releasing the first sustainability report last year. We have also experienced an expansion of the environmental, social, and governance (ESG) related services provided to clients. Notably, Sorainen was recognised by the Legal 500 Green Guide as the only pan-Baltic law firm with a focus […]
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The Glasgow Climate Pact is not just a passing trend. Though non-binding, it will soon turn into legislative initiatives and will affect businesses who are planning transactions and long-term projects or seeking financing. A new global agreement – the Glasgow Climate Pact – was reached at the COP26 (26th United Nations Climate Change conference) summit, held […]