European Chemicals Agency Updates Environmental Newsletter

On 20 December, the European Council announced that they have reached an agreement on a proposal to regulate ESG ratings providers, bringing the providers under the authorization of European markets regulator ESMA, with new rules to increase transparency into the methodologies and models used by the providers, and to address the risk of conflicts of interest. In early 2021, ESMA…

On 19 December, the EU Environmental Council agreed its position regarding the draft Packaging and Packaging Waste Regulation. In its press release, the Council informs on the cornerstones of its adopted position as follows - no explicit reference has been made to medical technologies: Packaging and packaging waste: Council adopts its negotiating position on new rules for more sustainable packaging…

The EU lawmakers have reached a provisional agreement on the EU’s proposed corporate sustainability due diligence directive (CSDDD), outlining rules for companies requiring large businesses to assess and address adverse human rights and environmental impacts in their value chains. The agreement follows the release of a proposed CSDDD directive by the European Commission in February 2022, and sets out obligations for…