In our series of briefings, we highlight some of the key issues of International Investment Law (IIL). In this fourth edition, we focus on the complex relationship between IIL and foreign direct investment (FDI) screening laws.

On 14 November, the European Parliament voted in favor of a 12-month postponement for the implementation of the EU Deforestation Regulation (EUDR). The approval aims to move the regulation's original application deadline of 30 December 2024 to 30 December 2025, and for micro and small enterprises, to 30 June 2026. However, this postponement is not yet final, as it still requires further debate in the trilogue negotiations involving the Parliament, the Council and the Commission.

As the global shift to sustainable energy continues to gather pace, the European hydrogen market offers unprecedented opportunities. Recent developments in Germany and the European Union highlight strategic advances in both production and infrastructure.

This briefing is the seventh and last in a series on the Corporate Sustainability Due Diligence Directive (CSDDD), where BLOMSTEIN addresses the key aspects that (in)directly affect businesses both within and outside the EU, explores its interplay with the existing legislation in Germany (LkSG) and examines interactions with other recently adopted EU legislation (e.g., EUDR and CSRD) which partially set overlapping obligations.

In today’s briefing, we examine the key considerations with respect to the EU’s corporate sustainability package for companies operating outside the EU but that have business ties in the EU. Specifically, we will address the direct and indirect impacts for non-EU companies of the Corporate Sustainability Due Diligence Directive (CSDDD) and other related regulations mentioned along the series, including the EU Deforestation Regulation (EUDR), the Corporate Sustainability Reporting Directive (CSRD), as well as the upcoming Forced Labour Regulation and Green Claims Directive .

Starting December 30, 2024, the provisions of the EU Regulation on Deforestation-Free Products (EUDR) will apply to large and medium enterprise operators. From that date, relevant commodities and products – including cattle, cocoa, coffee, oil palm, rubber, soy, and wood – may only be placed on the market, made available, or exported if they are deforestation-free. Additionally, they must have been produced in accordance with the relevant legislation of the country of production, and a due diligence statement must be submitted.

Im Juli 2024 veröffentlichte die Bundesregierung ihre sogenannte „Wachstumsinitiative“ mit 49 wirtschaftspolitischen Maßnahmen zur Stärkung der deutschen Wirtschaft. Eine Maßnahme betrifft Vereinfachungen im Umgang mit Berichtspflichten nach dem Gesetz über die unternehmerischen Sorgfaltspflichten zur Vermeidung von Menschenrechtsverletzungen in Lieferketten (LkSG).

Das LkSG ist seit dem 1. Januar 2023 in Kraft. Mit Beginn dieses Jahres wurde der Anwendungsbereich nochmals erweitert – erfasst sind nun alle Unternehmen mit mehr als 1.000 Beschäftigten. Wie weit die einzelnen Anforderungen an die Sicherung von Menschen- und Umweltrechten in den Lieferketten reichen und wie diese effektiv und rechtssicher umgesetzt werden können, stellt betroffene Unternehmen in der Praxis regelmäßig vor Herausforderungen.  

In unserem letzten Briefing zum LkSG haben wir praktische Fragen rund um die für Unternehmen im Anwendungsbereich des LkSG verpflichtende Risikoanalyse dargestellt. In diesem Briefing geben wir ein Update zu den Berichtspflichten vor dem Hintergrund der von der Bundesregierung kürzlich angekündigten vorübergehenden Entschärfungen.  

As announced in January, BLOMSTEIN is publishing a series of briefings introducing European and German legal issues for the security and defense sector. In our last briefing we provided an overview of new funding opportunities made available to industry by the European Investment Bank.

This issue deals with various new ESG obligations for the defense and security industry. Companies in this sector are subject to a wide range of regulatory obligations. For some time now, these have included ESG obligations in particular. The number of new requirements for companies in this area is high. There were already some changes in the first half of the year (see our corresponding ESG briefings). This briefing provides an overview of the latest developments in Germany and at European level in the ESG area and their impact on the defense and security industry.

This briefing is the sixth in a series on the Corporate Sustainability Due Diligence Directive (CSDDD), where BLOMSTEIN addresses the key aspects that (in)directly affect businesses both within and outside the EU, explores its interplay with the existing legislation in Germany (LkSG) and examines interactions with other recently adopted EU legislation (e.g., EUDR, CSRD) which partially set overlapping obligations.

This briefing is the fifth in a series on the Corporate Sustainability Due Diligence Directive (CSDDD), where BLOMSTEIN addresses the key aspects that (in)directly affect businesses both within and outside the EU, explores its interplay with the existing legislation in Germany (LkSG) and examines interactions with other recently adopted EU legislation (e.g., EUDR and CSRD) which partially set overlapping obligations.

In today’s briefing we explore the main points of convergence and differences between the CSDDD and the upcoming Forced Labour Regulation. We will particularly focus on how these acts complement each other in the pursuit of ensuring corporate responsibility to eradicate forced labour within their value chains.

The European Commission has consented to a German scheme worth around EUR 3 billion designed to foster the development of the Hydrogen Core Network (HCN).  This will play a significant role in realizing the goals of the EU Hydrogen Strategy and the ‘Fit for 55’ package by facilitating the establishment of a hydrogen transmission infrastructure. It is a milestone for promoting the utilization of renewable hydrogen in sectors with high energy consumption like industry and transport.