rss

Latest News

All the latest news from Energy & Resources Law

Brazil.png

What to expect from Brazil’s new government

On October 30, Brazil elected Luis Inaclo Lula da Silva (Lula) to be its new President. Lula will take over from President Jair Bolsonaro on 1 January 2023. During his campaign, Lula hinted at some reforms that would potentially impact the energy and mining sector, particularly in relation to his environmental and climate agenda.

GreenwashingArticle_Banner.png

Greenwashing is now a global issue

Businesses and governments are now realising that being green is no longer nice to have, it’s an integral part of operations. There are also benefits, perceived and real, to both consumers and business customers to being involved in programs that are environmentally friendly or have an ethical or sustainable edge. This has given rise to a new risk - ‘greenwashing’ - that governments around the world are now grappling with.

Greenwashing refers to misrepresenting a product, policy or purpose as environmental, ethical or sustainable. It applies not only to companies but also non-profits, investors or anyone seeking to represent themselves in that light.

ESGArticle_Banner.png

Potential changes to Environmental, Social and Governance reporting

Environmental, Social and Governance (ESG) isn’t new to Australia, but it’s expected to become a more important aspect of business in the coming years. With shareholders and institutional investors paying close attention to business activities with an ESG lens we can expect more focus on this area. A recent example is the HESTA superannuation fund choosing to very publicly vote against the AGL demerger proposal on ESG grounds.