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Nickel is set to become one of the most important critical minerals in the net zero transition, reaching a predicted global market of almost US$60bn within 5 years. Future industry growth will be driven by the dramatic increase in demand for lithium-ion EV batteries – of which nickel is a key component. Given the exponential growth in demand, there is still a high risk that supply will fall short in the coming decade.
China’s efforts to encourage businesses to cut emissions and improve carbon data transparency are critical to achieving a sustainable future. From the national emissions trading system expanding and opening to foreign investment, to carbon cutting incentives for individuals, there is a rising tide of carbon-related initiatives across China.
IS YOUR GLOBAL VALUE CHAIN SUSTAINABLE? EUROPE’S RULES HERALD NEW ERA OF CORPORATE SUSTAINABILITY DUE DILIGENCE (CSDDD)
New rules in the EU that will force large companies to check their value chain for any adverse human rights and environmental impacts have inched closer. The obligation goes beyond checking – companies will have to work to bring any adverse impacts they find to an end. They’ll also need a transition plan to align their business strategy with a sustainable economy and the 1.5°C Paris Agreement warming target.
From Australia’s pilot projects to Jamaica’s JAM-DEX, the UK’s budding Britcoin and China’s ever-expanding e-CNY, there is significant movement in central bank digital currencies (CBDCs) globally. Here, we take a journey around the world in CBDCs. Which countries are experimenting? Which have already implemented? And where is there resistance? For more on CBDCs, see our related insight on how they’re reshaping the payments industry.
19 May 2023
Within the European Union (EU), subsidies granted to companies by EU Member States are subject to tight control by the European Commission to ensure that such government support does not distort competition. However, EU state aid law is only applicable to EU Member States and does not apply to subsidies granted by non-EU-countries (foreign subsidies). To close this enforcement gap, the EU has now adopted its new Regulation (EU) 2022/2560 on Foreign Subsidies Distorting the Internal Market (EU Foreign Subsidies Regulation or FSR).
24 January 2023
Bundesarbeitsgericht versetzt Arbeitgeber erneut in Aufruhr: In gleich zwei Urteilen vom 20. Dezember 2022 verleiht das Bundesarbeitsgericht (BAG) dem deutschen Urlaubsrecht noch vor Jahresende neuen Schwung. Zum einen musste sich das BAG mit der Frage des Verfalls von Urlaubsansprüchen bei andauernder gesundheitlicher Beeinträchtigung befassen (Aktenzeichen: 9 AZR 245/19). Zum anderen hatte das BAG über die Frage der Verjährung von Urlaubsansprüchen zu urteilen (Aktenzeichen: 9 AZR 266/20).
22 December 2022