COP27 in short

The hosting of COP27 in the green city of Sharm El-Sheikh (Egypt) marked the 30th anniversary of the adoption of the United Nations Framework Convention on Climate Change. From 6 to 20 November, COP27 held events, negotiations, and press conferences, hosting more than 100 Heads of State and Governments, over 35,000 participants and numerous pavilions…

Carbon footprint and the importance of Scope 3 emissions

Carbon footprint disclosures are becoming increasingly necessary as regulatory measures and market concerns push for transparent emissions accounting. The scope of reporting will soon be expanded to include supply-chain emissions (Scope 3), which typically constitute the bulk of an organisation’s footprint but can be challenging to reliably report. Our five-step guide distils the essential ingredients…

EU Taxonomy – Challenges and opportunities for GPs

What is the EU Taxonomy?  The EU taxonomy was created as a classification system for sustainable economic activities. In response to our worsening climate crisis and the lack of initiative from the broader private sector, in 2019 the European Commission launched the Green Deal. The Green Deal set out an ambitious 2030 Climate Target Plan,…

Unsustainable risks? Regulatory climate change for AIFMD

The Alternative Investment Fund Management Directive (“AIFMD”) was implemented in the EU in 2013, to regulate the alternative investment industry, chiefly as a result of the Global Financial Crisis. Fast forward seven years and this directive is still evolving, but now with a new focus: sustainabilty. On 8th June 2020, the European Commission published a…