Publication
The next frontier: Offshore wind development in Asia
In the face of significant global headwinds in the sector, green shoots are emerging in 2025 for offshore wind in Asia after a turbulent 24 months.
Global | Publication | February 2025
Climate-related disclosure regimes around the world are undergoing significant transformation as a direct result of the growing urgency to address climate change and the associated risks. Insurers across the globe are at the forefront of these regulatory shifts, with increasing emphasis on transparency, accountability, and alignment with international climate goals.
Staying ahead
This article explores the recent changes and anticipated developments, particularly in the United Kingdom, the United States, the European Union and Australia. Exploring some of the themes that will impact insurers, we shine a light on:
The future
As climate change reporting evolves, some commentators suggest that increased accountability will help reduce the carbon footprint of large corporations that are major greenhouse gases emitters.
Disclosure requirements are likely to grow in scope and complexity as governments and regulatory bodies around the world look to align reporting frameworks. Insurers will face increased regulatory, investor and social pressures to provide transparent and detailed information about their climate-related risks, strategies and emissions, so will need to stay ahead of these changes by integrating robust governance structures, leveraging reliable data and embedding sustainability into their core business models.
Publication
In the face of significant global headwinds in the sector, green shoots are emerging in 2025 for offshore wind in Asia after a turbulent 24 months.
Publication
Charlotte Hillyard, Senior Innovation Lawyer in the Innovation Design and Technology team and one of Norton Rose Fulbright's Generative AI leads, will be sharing her insight at several prominent legal technology events in the coming week.
Publication
On 6 March 2025, the National Development and Reform Commission (NDRC), the Ministry of Industry and Information Technology (MIIT), the Ministry of Commerce (MOFCOM), the National Data Administration and the National Energy Administration (NEA) jointly released Opinions on Promoting High-quality Development of the Renewable Energy Green Electricity Certificate Market (关于促进可再生能源绿色电力证书市场高质量发展的意见) (the Opinions).
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