We are pleased to provide you with Gibson Dunn’s ESG Risk, Litigation, and Reporting update covering the following key developments during August 2026. Please click on the links below for further details. I. GLOBAL United Nations Environment Programme report concludes that exceeding 1.5°C warming is unavoidable and identifies an “overshoot, peak and decline” pathway On September…
On June 20, 2012, British Deputy Prime Minister Nick Clegg announced at the United Nations Rio+20 Summit that the UK will become the first country to require emissions data disclosure in companies’ annual directors’ reports. Pursuant to regulations to be made under the UK’s Climate Change Act 2008, which must come into force by April…
Introduction: The Financial Reporting Council (“FRC”), the independent regulator responsible for promoting corporate governance in the UK, published its annual report at the end of last year assessing the impact and effectiveness of the new UK Corporate Governance Code (“CGC”) and the new Stewardship Code (“SC”) (the “Codes”), setting out proposals for reform and improvement…
While the duties of directors of unlisted private companies often coincide with the strategy and requirements of the subsidiary’s parent company, this is not always the case, and the circumstances may require a director to act independently of the parent. Directors may risk personal liability as regulators are taking tougher stances especially toward bribery, corruption…
The Panel Holds Its Ground — An Analysis of Some of the Key Proposals Introduction — The Panel Stands Firm In late November 2010, we published an article on the policy statement of the UK Panel on Takeovers and Mergers (Panel) which set out the ground work for changes to the rules governing the…
