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UK Carbon Border Adjustment Mechanism: how will it work?
In February, we reported on the Department of Energy Security and Net Zero’s confirmation that a UK Carbon Border Adjustment Mechanism (CBAM) would be bought into force by 2027
United States | Publication | April 2021
In response to President Biden's January 21, 2021 executive order on protecting worker health and safety, federal OSHA has launched a program focusing its enforcement efforts on companies that put the largest number of workers at serious risk of contracting COVID. In particular, the program prioritizes employers that retaliate against workers for complaints about unsafe conditions, or for exercising other rights protected by federal law.
Going forward, OSHA site inspections are expected to enhance the agency's previous COVID enforcement efforts, and will include follow-up evaluations of certain worksites inspected in 2020. The program's strategy is intended to ensure that abatement efforts have cured previously identified problems, and includes monitoring the effectiveness of OSHA's enforcement and guidance efforts. The program will remain in effect for up to one year, although OSHA has flexibility to amend or cancel the program as the pandemic subsides.
Federally-approved state OSHA plans have adopted varying requirements to protect workers from COVID, and many of them have implemented enforcement programs similar to the federal enforcement program. While it is not required, federal OSHA is strongly encouraging the state programs to adopt its National Emphasis Program for COVID.
Publication
In February, we reported on the Department of Energy Security and Net Zero’s confirmation that a UK Carbon Border Adjustment Mechanism (CBAM) would be bought into force by 2027
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Last November the Financial Conduct Authority (FCA) published Policy Statement 23/16 (PS23/16) containing final rules and guidance on sustainability disclosure requirements (SDR) and investment labels (UK SDR regime).
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International financial markets have started to show significant interest in nature and biodiversity. Whilst climate change and greenhouse gas emissions have made the headlines in recent years, there has been much less focus on their equally important counterparts, nature and biodiversity. However, that has started to change.
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