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Navigating international trade and tariffs
Impacts of evolving trade regulations and compliance risks
United States | Publication | January 2024
Norton Rose Fulbright’s 2024 Annual Litigation Trends Survey reveals that environmental, social and governance (ESG) issues are a growing litigation concern.
As regulatory requirements around climate and ESG disclosures take shape while anti-ESG sentiment grows, organizations are increasingly finding themselves caught in the middle.
One in 10 respondents experienced ESG-related litigation last year (compared to just 2% in 2022) – a development we anticipated in our 2023 Annual Litigation Trends Survey report.
Thirty-eight percent of organizations are also concerned about future ESG class actions as issues such as greenwashing, diversity policies and regulatory compliance, go under the microscope.
Download the 2024 Annual Litigation Trends Survey for more details.
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Impacts of evolving trade regulations and compliance risks
Publication
Low carbon projects, especially those involving hydrogen and carbon capture and storage (CCS), play a crucial role in the journey towards global decarbonization.
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As a general remark, Indonesia has not, at the date of preparing this summary, issued any regulation on hydrogen production, distribution and trade. It is expected that the upcoming New and Renewable Energy Law will provide a legal framework for the exploitation and utilisation of various new energy sources, including hydrogen.
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