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We are representing Ecoservice UAB (“Ecoservice”), a Lithuanian environmental services company and a subsidiary of AS Eco Baltia, during a dispute with Compensa Vienna Insurance Group ADB (Latvian branch) regarding an insurance claim following a fire at Ecoservice’s waste-sorting centre in Vilnius in August 2023. About the case The fire caused significant damage, and Ecoservice […]
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Status of the Corporate Sustainability Reporting Directive (CSRD) transposition into local law Lithuania The provisions of the CSRD were transposed into local law on 25 June 2024 and came into force on 1 July 2024 (with the transitional periods for reporting for certain types of entities remaining the same as envisaged in the CSRD). The […]
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CSRD transposition status in Lithuania, Latvia and Estonia On 5 January 2023, the Corporate Sustainability Reporting Directive (the CSRD) entered into force. The CSRD requires large companies and all listed companies (except listed micro-enterprises) to disclose information on what they see as the risks and opportunities arising from social and environmental issues, and on the […]
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EU-level news ECTHR ruled that climate inaction violates human rights On 9 April 2024, the European Court of Human Rights handed down a groundbreaking ruling in a case concerning elderly Swiss women and climate change. This is a major decision, as it is the first time that the Court has dealt with climate change issues, […]
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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 […]
