by Hardwick Legal | Mar 30, 2021 | Purpose Built (LexisNexis)
<p><strong style="background-color:transparent;color:inherit;font-family:inherit;font-size:inherit;text-align:inherit;text-transform:inherit;white-space:inherit;word-spacing:normal;caret-color:auto;">How can UK industry sectors contribute to achieving the government’s target of net zero emissions by 2050, while remaining globally competitive?</strong></p><p>On 17 March 2021, the Department for Energy & Industrial Strategy (BEIS) published its <a href="https://www.gov.uk/government/publications/industrial-decarbonisation-strategy?utm_medium=email&utm_campaign=govuk-notifications&utm_source=219295ba-245d-4daa-a3ce-990f5cfd13d2&utm_content=immediately" target="_blank" data-sf-ec-immutable="">industrial decarbonisation strategy</a> (the Strategy). The Strategy builds on the Prime Minister’s ten point plan for a green industrial revolution and outlines the government’s plan to: </p><ul><li>encourage low carbon options among investors and consumers;</li><li>transform current industrial processes; and </li><li>track and improv</li></ul>
Source: LexisNexis Purpose Built
What can we expect from BEIS' industrial decarbonisation strategy?
by Hardwick Legal | Mar 25, 2021 | Purpose Built (LexisNexis)
<p><strong>In spite of the pandemic, the UK secondary market for offshore wind is transitioning into a mature asset class, as represented by the recent spate of M&A deals successfully run as competitive auction processes. But what are the current market dynamics, and what opportunities should lawyers be aware of?</strong></p><p>In our latest News Analysis, <a href="https://bracewell.com/people/gordon-stewart">Gordon Stewart</a>, <a href="https://bracewell.com/people/jo-en-low">Jo En Low</a> and <a href="https://bracewell.com/people/tom-jami href=""></a href="https://bracewell.com/people/tom-jami></p>
Source: LexisNexis Purpose Built
Comment—the M&A secondary market in UK offshore wind
by Hardwick Legal | Mar 18, 2021 | Purpose Built (LexisNexis)
<p><strong>How does the recent law proposed by the European Parliament seek to ensure that businesses are held accountable when they harm, or contribute to harming, the environment, human rights and good governance? </strong></p><p>On 10 March 2021 the European Parliament adopted <a href="http://www.europarl.europa.eu/doceo/document/TA-9-2021-0073_EN.html" target="_blank" data-sf-ec-immutable="">a legislative initiative report</a> calling for the adoption of an EU law to require both EU and non-EU companies to conduct mandatory environmental and human right along their full value chains. The proposed law also makes provisions for the imposition of fines, sanctions and civil liability for non-compliance, as well as legal support for third-country vi</p>
Source: LexisNexis Purpose Built
The EU Mandatory Environmental and Human Right Due Diligence law—key elements
by Hardwick Legal | Mar 16, 2021 | Purpose Built (LexisNexis)
<p>We have recently published a suite of eight new Practice Notes summarising the key requirements under UK REACH, which replaces EU REACH in Great Britain. </p><p>Under UK REACH the roles and responsibilities of the European Chemicals Agency are exercised by the Health and safety Executive and the Secretary of State fulfils the role of the European Commission and takes decisions relating to substance restrictions, including proposing new restrictions, re-examining existing restrictions and amending the list of restricted substances, and authorisations.</p><p>UK businesses that purchase substances from EU or EEA companies may become importers under UK REACH, and assume a more significant regulatory role.</p><p>The new framework and the roles and duties under UK REACH are set out along with details of transitional arrangements, including ‘grandfathering’ of EU REACH registrations, making a Downstream User Import Notification (DUIN) in order to continue to import substances from the EU or EEA and the transitional provisions for authorisation.</p><p>In addition, guidance is given on consor</p>
Source: LexisNexis Purpose Built
New suite of UK REACH Practice Notes now available
by Hardwick Legal | Mar 16, 2021 | Purpose Built (LexisNexis)
<p>Sustainability is becoming an increasingly important part of the corporate agenda and businesses in all sectors are coming under pressure to employ responsible operational and strategic practices — particularly in light of climate change targets and evidence on the importance of natural capital value.</p><p>Green recovery themes flowing from the coronavirus (COVID-19) pandemic mean that calls to transform the way business is done have been further amplified. Many businesses will be turning to their legal advisors – both in-house and external – for support. </p><p>For practitioners advising businesses on this dynamic area, it can be difficult to know where to look for guidance, as this pervasive theme crosses borders, corporate departments and legal topics. Sustainability issues are diverse, ranging for example from the environmental, social a</p>
Source: LexisNexis Purpose Built
Introducing the Lexis®PSL sustainable business toolkit– a new hub for guidance