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GLOSSARY

Absolute zero definition

Published by a LexisNexis Environment expert

What does Absolute zero mean?

where no GHG emissions can be attributed to an organisation across any of its activities, or scopes

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ESG for dispute resolution lawyers—guidance links

ESG for dispute resolution lawyers—guidance links Environmental, social and governance (ESG) issues permeate many different aspects of a client’s business and activities. Many of these areas will be subject-matter or industry specific, for example, around investment, trade supplies, etc. Any one of them could, in turn, present a litigation risk for the client. It is essential, therefore, that dispute resolution lawyers are aware of the different issues which may affect their clients and on which their colleagues are advising. The content in the subtopic: ESG for dispute resolution lawyers—overview provides guidance specific to dispute resolution lawyers. In addition, our ESG and sustainability toolkit aims to help practitioners advising businesses by providing a holistic overview of the many pervasive ESG issues, as well as providing detailed practical guidance on what all this means for an entity's operations, and connected risks and opportunities. The content includes ESG and sustainability practical guidance in relation to competition, digital transformation, employment, energy efficiency, environment, finance, financial services and asset management, governance, mobility, pensions, reporting and disclosure,...

Shipping emissions—regulation

Shipping emissions—regulation Originally produced in partnership with Navraj Singh Ghaleigh, Senior Lecturer in Climate Law, University of Edinburgh Shipping emissions: background Maritime transport, or ‘shipping’, emissions contribute 2.89% of anthropogenic global greenhouse gas (GHG) production, or 1, 076 million tonnes CO2. Since 90% of world trade is transported by sea, shipping has a significant role in the future of climate action, see Behnam A, ‘The Nexus of Ocean Trade and Climate Change: A Review Essay’ (2015) 29 Ocean Yearbook 11. As such business-as-usual shipping emissions are not compatible with the goal of 'holding the increase in the global average temperature to well below 2°C above pre-industrial levels' as enshrined in art 2 of the Paris Agreement. See Practice Note: The Paris Agreement 2015—snapshot. The international climate regime and maritime emissions The term ‘international climate regime’ is commonly understood to refer to the United National Framework Convention on Climate Change (UNFCCC) (1992), the Kyoto Protocol (1997), and the Paris Agreement (2015). Notably however, none of these...

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Environment weekly highlights—16 September 2021

This week's edition of Environment weekly highlights includes an update on the UK’s accession to the Lugano Convention, Chatham House’ paper on climate change risk assessment, the National Audit Office’s report on the Green Homes Grant Voucher Scheme, and details on the fourth round of the Contracts for Difference scheme. In addition this week, the Department for Transport confirmed it will back an absolute zero target for international shipping emissions by 2050, the Department for Environment, Food & Rural Affairs announced it will invest £24m into the UK fishing industry, and the European Commission published its sustainability and competition policy brief in support of the European Green Deal.

Banking and Finance weekly highlights—16 September 2021

This week's edition of Banking and Finance weekly highlights includes: (1) the introduction of the Critical Benchmarks (References and Administrators’ Liability) Bill which aims to reduce uncertainty and litigation by clarifying that references to LIBOR in contracts include LIBOR published as synthetic LIBOR ; (2) the Insolvency Service announces that temporary insolvency restrictions are being lifted including the restrictions on winding-up petitions; and (3) HM Land Registry enables a pilot of Qualified Electronic Signatures with a small number of firms.

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